BlockX
Last updated
Last updated
BlockX is an chain that is also compatible with the Cosmos Ecosystem using Cosmos SDK. EVMs allow smart contracts to run, tokens to be transferred, and data to be stored. Some of the famous examples with EVMs used are Ethereum, Binance Smart Chain, and Matic. The genesis block was produced last January 16, 2024 12PM UTC time.
Using EVMs, blockchain projects can deploy new dApps like decentralized exchanges, lending protocols, bridges and many more.
The BlockX network has a very fast block time of 1 second, low gas fees, and network security that comes with the use of Tendermint’s protocol. BlockX will act as a hub between multiple chains that we will be launching in the BlockX Ecosystem.
Other supporting systems can be bridges, IBCs, oracle systems, as well as other chains that have more specific use cases like data management and transaction storage. All of these will be connected via the Atlantis to allow users to experience a wide range of services across the BlockX Ecosystem.
Inflation distribution of BCX:
80% of tokens go to Validators
10% of tokens go to Smart Contract Developers
10% of tokens go to Community Pool
In order for the users and developers to be able to freely test our chain, another chain is running in parallel with the BlockX chain and this is called BlockX Testnet or Atlantis.