Layer One X (L1X) is a blockchain project focused on developing faster, more secure, and more scalable Layer 1 infrastructure.
Key Features
1. Modular Architecture: Layer One X has a modular architecture that allows developers to choose components that suit their needs.
2. Proof of Stake (PoS) Consensus: LX1 uses the Proof of Stake (PoS) consensus algorithm which is more energy efficient and more secure than Proof of Work (PoW).
3. High Scalability: Layer One X can handle transactions at high speed and low cost, making it ideal for applications that require high scalability.