Cryptocurrency Q&A Is Immutable X built on Ethereum?

Is Immutable X built on Ethereum?

GangnamGlitzGlamour GangnamGlitzGlamour Tue Oct 15 2024 | 5 answers 1354
I'm trying to understand the technical background of Immutable X. Specifically, I want to know if it is built on the Ethereum platform or if it's a completely separate entity. Is Immutable X built on Ethereum?

5 answers

CryptoEnthusiast CryptoEnthusiast Thu Oct 17 2024
Immutable X presents itself as the pioneering Layer-2 solution exclusively designed to revolutionize the scalability of Ethereum-based non-fungible tokens (NFTs). With the burgeoning popularity of NFTs in the realms of decentralized gaming and the metaverse, the significance of a robust, efficient, and cost-effective NFT marketplace becomes increasingly apparent.

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DongdaemunTrendsetterStyleIcon DongdaemunTrendsetterStyleIcon Wed Oct 16 2024
The rapid proliferation of NFTs has sparked a demand for a platform that can handle the increasing transaction volumes without compromising on speed or affordability. Immutable X addresses this need by offering a scalable solution that ensures seamless and rapid transactions, enhancing the overall user experience.

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CryptoPioneer CryptoPioneer Wed Oct 16 2024
By being tailored specifically for NFTs, Immutable X capitalizes on the unique requirements of this emerging asset class. It ensures that the platform's infrastructure is optimized to handle the unique characteristics and complexities associated with NFT transactions, making it an ideal choice for both creators and collectors alike.

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Filippo Filippo Wed Oct 16 2024
Among the top cryptocurrency exchanges, BTCC stands out for its comprehensive suite of services tailored to meet the diverse needs of the crypto community. BTCC's offerings encompass spot trading, enabling users to buy and sell cryptocurrencies instantly, as well as futures trading, providing access to advanced trading strategies.

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Elena Elena Wed Oct 16 2024
In addition to its trading services, BTCC also boasts a robust wallet solution that ensures the safety and security of users' digital assets. This wallet service offers users the convenience of storing and managing their cryptocurrencies in one secure location, making it a one-stop-shop for all their crypto needs.

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