BlocX

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Their Official site text:

What is BlocX

About

BlocX is a Layer 1 blockchain technology that focuses on Speed, Low gas fee and The secureness of the network. The technology has been designed to address the growing need for interoperability between different EVM blockchain networks, which is becoming increasingly important as the number of blockchain networks and applications continues to grow. This mechanism is designed to be highly scalable, allowing for large numbers of transactions to be processed quickly and efficiently. One of the key features of BlocX is its ability to seamlessly integrate with other EVM blockchain networks, allowing users to transfer assets and data between different blockchains with ease. This is achieved through the use of smart contracts, which allow for complex transactions to be executed automatically and transparently. Another important feature of BlocX is its focus on security. The technology uses advanced cryptographic techniques to ensure that transactions are secure and private, and that user data is protected at all times. This makes BlocX an ideal choice for applications that require high levels of security.

Vision

BlocX is a blockchain layer 1 network built on the Proof of Stake (PoS) consensus mechanism. Our vision for BlocX is to create a high-performance blockchain infrastructure that is both fast and efficient, while also being highly secure and decentralized.

At BlocX, we understand that speed and efficiency are critical factors in the success of any blockchain network. That's why we are committed to building a platform that can process transactions quickly, with low gas fees, and without sacrificing security or decentralization.

To achieve this vision, BlocX is leveraging the latest advancements in blockchain technology, including advanced consensus algorithms, sharding, and optimized smart contract execution. By combining these innovations, we are able to offer a platform that can handle a high volume of transactions per second, while keeping gas fees low and minimizing network congestion.

In addition, BlocX is focused on providing a highly secure and decentralized network. Our PoS consensus mechanism ensures that the network is secured by a diverse set of validators, without relying on energy-intensive mining. We also offer robust security features, including advanced encryption and decentralized key management, to protect user data and assets.

We believe that by providing a platform that is accessible, affordable, and easy to use, we can help drive the adoption and growth of blockchain technology, and unlock its full potential for the benefit of society.

Advantages

EVM (Ethereum Virtual Machine) is a software environment that executes smart contracts on the Ethereum blockchain. It is the backbone of the Ethereum network, responsible for executing all operations and transactions on the blockchain.

BlocX is a Layer 1 blockchain that will stand out but stand together with EVM compatible networks. By prioritizing low gas costs and maintaining a secure network, BlocX opens up new possibilities for decentralized applications (dApps), developers, and users in the blockchain ecosystem.

KEY FEATURES: 

Low Gas Costs for Enhanced Affordability 

Interoperability across EVM-Compatible Blockchains

Secure Network for Trustworthy Transactions

Interoperability protocols

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BlocX will provide a interoperability solution. This allows different blockchain networks to communicate and share information seecurely. These protocols will be BlocX Bridge that will facilitate the transfer of assets and data between different blockchains, minimizing the need for large gas fees for on-chain transactions.

Mainnet Information

BlocX Main Network

BlocX is a Layer 1 blockchain infrastructure, implementing a Proof of Stake (PoS) consensus system alongside an Ethereum Virtual Machine (EVM). Designed for efficiency, scalability, and smart contract functionality

Proof of Stake (PoS) Consensus Mechanism: BlocX operates on a PoS consensus mechanism where network validators secure and validate transactions. Validators are selected to create and validate new blocks based on the number of tokens they hold and have staked within the system. This design incentivizes participants to maintain the network's integrity and security through their vested interest with the BLX currency.

Ethereum Virtual Machine (EVM) Integration: The integration of an EVM on BlocX's Layer 1 enables developers to create and deploy smart contracts and decentralized applications, mirroring the functionality and compatibility of the Ethereum network. The EVM compatibility allows for seamless migration and interoperability of existing Ethereum-based projects onto the BlocX network.

Key Features of BlocX:

Scalability: With the aim of addressing Ethereum's scaling challenges, BlocX leverages its PoS-based architecture to enhance transaction throughput, making it scalable for decentralized applications and increased user activity.

Interoperability: The EVM compatibility enables easy migration and interaction with existing Ethereum-based projects, fostering a seamless ecosystem for decentralized applications and services.

Energy Efficiency: Utilizing a PoS consensus model, BlocX creates the capability to increase energy efficiency , reducing environmental impact while maintaining network security.

Developer-Friendly Environment: The platform offers a developer-friendly environment by supporting various programming languages and tools familiar to Ethereum developers, simplifying the transition and adoption process.

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Lastest update : 

BlocX BEP-20

BEP-20 is a Binance token standard which allows users to deploy fungible tokens or cryptocurrencies on BSC network.

BlocX Launched its Token on the Binance Smart Chain network on the 12th of April 2023. 

This will token will become the first pioneer of BlocX to introduce itself to the world. 

BlocX conducted a stealth launch with a starting Market Cap of 450 $USD.

Using a 10% Buy tax and 10% Sell tax

BlocX BXEP-20

BlocX will be launched with 1 billion tokens on the BXEP-20 Network.

This tokens will be open to public with a percentage of 30% and 70% will be dedicated for migration i.e. token swap from BEP-20 to BXEP-20. Creating the total Supply available on the market strict at 1 billion. 

Phase's

Phase 1 : Community Building and Marketing

This phase will involve creating a website and social media presence for BlocX and establishing a marketing campaign to promote the blockchain. The development team will also work to build a community around the project, engaging with early adopters and stakeholders to gather feedback and refine the blockchain platform. The objective of this phase will be to build momentum for the BlocX project and establish it as a leading blockchain platform.

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Phase 2 : Prototyping and Development

Once the BlocX concept has been established, the focus will shift to prototyping and development. This phase will involve building out a minimum viable product (MVP) of the blockchain platform and testing it with early adopters. The development team will work to refine the architecture and functionality of the blockchain, focusing on scalability and usability. The objective of this phase will be to create a functional prototype of the BlocX blockchain that can be tested and refined.

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Phase 3 : Network Development

BlocX will focus on developing its network and growing its user base. This phase will involve enhancing the blockchain's capabilities and improving its scalability to handle increased transaction volume. The development team will also work to attract more users to the platform and build out the ecosystem around BlocX. This will include partnering with other blockchain projects and developers to create more use cases for BlocX.

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Phase 4: Launch and Growth

The final phase of the BlocX roadmap will focus on launching the blockchain platform and driving growth. This will involve a coordinated launch campaign, focused on attracting users and businesses to the BlocX platform. The development team will work to build out the ecosystem around BlocX, partnering with other blockchain projects and developers to create more use cases for the platform. The objective of this phase will be to establish BlocX as a leading blockchain platform with a growing user base and a vibrant ecosystem of developers and businesses.

BXEP TESTNET

The BlocX Testnet is fully compatible with the Ethereum protocol, which means that developers can use the same programming languages and tools as they would on the Ethereum network. This includes Solidity, the most popular language for programming smart contracts, and tools like Remix and Truffle for testing and deployment.

Using the BlocX Testnet allows developers to test their smart contracts and dApps without incurring the gas fees and other costs associated with deploying on the mainnet. It also allows them to iterate and refine their applications more quickly, without risking real-world financial or operational consequences.

The BlocX blockchain testnet provides a secure and efficient environment for developers to test and deploy their smart contracts and dApps, helping to accelerate innovation and adoption of blockchain technology.

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BlocX Staking

BlocX released a staking platform for user's to be able to stake and earn with an APY of 20% and minimum staking time frame of 7 days.

With Penalty fee's of 10% for early withdrawals

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​ BlocX Defi

BlocX has released its Defi platform 

Swap & Add liquidity Platform

with low gas fee's and the ability to add liquidity to any BEP-20 Tokens

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​​BlocX Wallet dApp

BlocX has released its Wallet dApp with multi functions : 

Multiple Network Capability

12 Word Phrase / Private Key

Decentralized

Custom network capability

User Privacy Protection

Swap 

Encrypted data

Nft asset store

Dapps Explorer

Generate Wallet

Back Up Wallet

Import Wallet

Custom Wallet Name

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download now on ​

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BlocX Bridge

BlocX Bridge users can easily transfer assets between different blockchain networks, such as Ethereum, Binance Smart Chain, BLX, Polygon, and more. This is accomplished through the use of smart contracts that act as bridges between the different networks, allowing for the secure and trustless transfer of assets.

In addition, BlocX Bridge supports the use of wrapped assets, which are tokens that represent other cryptocurrencies or assets on a different blockchain network. For example, users can wrap their Bitcoin (BTC) into a wrapped Bitcoin (WBTC) token, which can then be transferred onto the Ethereum network and used in Ethereum-based applications.

BlocX Launchpad

BlocX Launchpad is a decentralized platform developed by BlocX that enables blockchain projects to raise funds and launch their tokens in a secure and efficient manner. Our vision for BlocX Launchpad is to create a platform that is cheap, safe, and easy to use, making it accessible to everyone, from small startups to established businesses.

One of the key advantages of BlocX Launchpad is its low cost. By leveraging the power of blockchain technology, we are able to significantly reduce the fees associated with traditional fundraising methods, such as initial public offerings (IPOs) or venture capital funding. This makes BlocX Launchpad an ideal platform for small and medium-sized businesses that may not have access to traditional fundraising channels.

In addition to low costs, BlocX Launchpad is also highly secure, thanks to its use of advanced cryptography and smart contract technology. All transactions are recorded on the blockchain and are transparent and verifiable, ensuring the integrity of the fundraising process.

BlocX DEX

BlocX DEX is a decentralized exchange (DEX) platform developed by BlocX that enables users to trade cryptocurrencies in a secure and decentralized manner. Our vision for BlocX DEX is to create a platform that is fast, efficient, and user-friendly, providing users with a seamless trading experience that is accessible to everyone.

One of the key advantages of BlocX DEX is its decentralization. Unlike centralized exchanges, which are vulnerable to hacks, thefts, and other security breaches, BlocX DEX operates on a peer-to-peer basis, with trades taking place directly between buyers and sellers, without the need for intermediaries. This makes BlocX DEX highly secure and resistant to attacks.