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Lagos
2 Level
72 Review
99 Karma

Review on X-Protocol by Olumide Joseph

Revainrating 4 out of 5

Another Decentralized And Fast Bridging Solution

X-Protocol provides a decentralized and safe, fast bridging solution through the polkadot based cross-chain protocol that is being implored in the architecture design of the platform. The concept behind this initiative is that it will help users to realize asset cross-chain management, as well as data aggregation prediction analysis of heterogeneous chains. It also provides an open application ecology which helps in expanding business applications.

Currently the platform has a total circulation of 21M in its portfolio which is been shared among several in its token metrics. 35% of this funds, which is the larger share goes to the pool reserved for mining that will be used for the network incentive after the launch of the main network. And others are shared among other categories like fundraising, liquidity pool, team and advisors, and the ecosystem growth.



Pros
  • Helps users realize asset cross-chain management
  • Provides an open application ecology
Cons
  • None