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Review on Litex by Gulya Begjanowa

Revainrating 2 out of 5

LITEX - Building the world's largest commercial stratum2 ecology.

By transferring miniature and highly repetitive exchanges from one chain to another, the 2nd tier innovation helps to break down the limitations of public display and work on performance. LITEX has created a new layer of Ethereum-related innovation and refreshed Ethereum's TPS in the first 20-30 to 10000 chains without interruption, far from the speed of current public chains.

LITEX has strengthened and restructured the lighting system, which recognizes the expansion and incomplete removal of the part channel. Contrast and exemplary lighting organization, capital and time efficiency increased by 200% -300%. In addition, there is no gas charge for the chain other than opening or cutting the chain channel, which significantly reduces the exchange rate.

Off-chain exchange security for layer 2 innovation is guaranteed by cryptography and gaming hypotheses. Off-chain exchange data cannot be distorted once it is supported by the multilateral and will be returned to the public chains for settlement and you can check it at any time. As a result, its safety is higher than the side chain.

With a major overhaul of the LITEX lightning network, it is dedicated to building and delivering a simpler version of the testnet that will understand the capabilities of the companion, the LITEX testnet can enhance the development and partial pull of the test channel, and the chain (BTC and ERC20, start-up) nuclear trade and fast steering

At this stage, LITEX will deploy, test and deploy the open source layer2 element, which provides dapp designers with highly specialized responses to work significantly on the Ethereum-related dapp games exhibition. At the same time, crypto fragments will have a closed-circuit business, such as boosting the business of layer 2 innovation and dapp games and fragments.

At this stage, the layer L2EX will be reset to zero for the layer2 update to be available for different fragment situations. LITEX will work with the upstream and downstream of the retail industry, for example, to provide customers with digital payments with cryptocurrencies, stable currencies, OTC and partial scenarios. Customers can pay as much as they can using Alipay using crypto wallets managed by LITEX layer2 news.

At this stage, as the 2nd layer of LITEX builds a layer 2 biology with real exchanges, LITEX is committed to building a decentralized commercial biological system controlled by LXT and creating a self-sufficient local area in the crypto-interface world. will send. and the real world, help customers access future computerized time.

Litex (LXT) depends on a target that offers broad business, biology, fast exchange, and integration with various chains, just as high-security, fast-moving Ethereum chains will continue to be reported. , productive, higher pay framework and lower commission fees. Litex (LXT), despite being updated, is trying to work on the environment and offer major financial aspects, as well as offering simple access to the LXT token, allowing for a layer-by-layer development that allows for more out-of-chain innovation. LXT is a decent combination with coin exchanges and various chains.

Pros
  • Language support is good.
  • Reliable project.
Cons
  • There seems to be no downside to me.