Cryptocurrency Q&A
What blockchain does immutable use?
What blockchain does immutable use?
Claudio
Mon May 20 2024
|
5 answers
934
What blockchain technology does the term 'immutable' utilize? It's an intriguing concept that has been gaining significant attention in the realm of cryptocurrencies and finance. Could you elaborate on the specific blockchain platforms or frameworks that embody this principle of immutability? Is it limited to certain types of blockchains, or does it apply more broadly? Understanding the underlying technology behind this term would greatly enhance my comprehension of its practical applications and potential implications in the industry.
5 answers
Martina
Wed May 22 2024
Immutable X is a Layer 2 scaling solution that revolutionizes the world of Non-Fungible Tokens (NFTs) on the Ethereum blockchain. This innovative platform provides users with a seamless and cost-effective experience when dealing with NFT transactions.
Was this helpful?
300
24
CryptoDynastyLord
Wed May 22 2024
A key advantage of Immutable X is its zero gas fee policy. This means that users can engage in NFT transactions without having to worry about paying expensive transaction fees. This significantly enhances the accessibility and usability of NFTs, making them more appealing to a wider audience.
Was this helpful?
255
28
Elena
Tue May 21 2024
Another notable feature of Immutable X is its commitment to carbon neutrality. The platform offsets its carbon emissions, ensuring that its operations do not contribute to climate change. This aligns with the growing trend of sustainability in the blockchain industry.
Was this helpful?
71
79
CryptoTamer
Tue May 21 2024
Immutable X boasts an impressive transaction processing capacity of 9000 transactions per second (TPS). This high throughput allows for faster and more efficient NFT transactions, reducing wait times and enhancing user experience.
Was this helpful?
260
46
Stefano
Tue May 21 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services related to digital assets. These include spot trading, futures trading, and a secure wallet solution. BTCC's services cater to a diverse range of investors, from beginners to experienced traders.
Was this helpful?
48
72
