ChainX is the largest Layer-2 network of Bitcoin.
- What is ChainX?
ChainX is the largest Layer-2 network of Bitcoin,based on substrate technology, aims to be the eco-portal of Bitcoin, and will evolve into the Polkadot Network as a secondary relay chain eventually.
- How was ChainX launched?
ChainX will issue cryptocurrency PCX (P stands for Polkadot), with a total of 21 million and the amount released halved every two years. 20% of the issuance in the first two years is distributed to the founding team for ongoing development. After two years, all new issuance will be distributed to the community.
- Who is the team behind ChainX?
PolkaX is the core development team of ChainX.
ChainX belongs to Community. now is governed by the parliament. PolkaX implements proposals made by Parliament.