Litex is a decentralized value exchange ecosystem. Based on layer 2 technology, it can realize off chain capacity expansion and cross chain communication, and solve the core pain points of low efficiency of main chain and isolated public chain in blockchain industry. Litex value ecology can carry upper applications such as micro payment, decentralized exchange, etc., open the underlying functions through API layer, establish rich value exchange ecology, open up the digital world and the real world, and form the infrastructure connecting the future blockchain world.
II. Detailed parameters:
English full name: Litex token
English abbreviation: LXT
Total issuance: 2 billion
Issue date: April 8, 2018
Current total market value: 10.5675 million
Circulation: 700 million
Core algorithm: composite decision lightning network
Currency type: erc20
III. Development Status:
Litex test network v0.2 has been released, which has three main functions: state channel expansion and partial withdrawal of lightning network; cross chain atom exchange between BTC and eth token; and optimized decentralized fast route.
IV. future direction:
Based on the layer 2 technology, it can realize the capacity expansion and cross chain communication under the chain, open the underlying functions through the API layer, and carry the small and micro payment application scenarios such as decentralized exchange and DAPP.
V. relevant links:
Official website block query address white paper address