Immutable X Report
Immutable X (IMX)
Introduction
Over the past few years, the Ethereum network has been growing exponentially. Due to its capability to host DeFi and NFT projects, the network has seen its user base grow by the millions. However, at this moment the Ethereum blockchain can only handle 13 transactions per second. This has caused the network to become congested, resulting in a limiting throughput and abnormal transaction fees.
This limits the useability and the user experience of Ethereum as its users simply can’t or won’t pay the higher fees. The founders of the NFT card trading game Gods Unchained experience the same issues. Therefore they created Immutable X. Immutable X is a Layer 2 scaling solution built on top of Ethereum that aims to have fast, gas-free peer-to-peer transactions to improve the user experience of NFT trading.
Immutable X Report
Download our Immutable X Report to get full insight into the blockchain project. The research contains several of the following notable elements:
- Preface
- Solution
- Technology
- Use-cases
- Team overview
- Ecosystem
- Tokenomics
- Technical analysis
