Introduction to X1
Freedom to transact.
Last updated
Freedom to transact.
Last updated
X1 blockchain is a high performance, high throughput, monolithic L1 with a mission to provide a decentralised, censorship-resistant multi-purpose infrastructure that empowers the freedom to transact with minimal technical and economic limitations.
X1 exponentially improves the economic model of Solana to scale capacity even further.
On X1, validators are not required to pay for votes. The zero-cost vote mechanism significantly lowers the barriers for new validators to join and participate in the consensus process. Consequently, running a validator becomes significantly more affordable, with costs limited to approximately 5 USD per day.
On the other hand, validators have various ways to generate yield through voting rewards, commissions from delegators, block rewards, and an incentivized bootstrap bonus program. Set up your own validator in just a few minutes.
X1 utilises congestion-reflective dynamic base fees. Base fees are not fixed, but rather calculated based on the reflection of the block space demand in terms of the computational resources the blockchain is currently experiencing. This model, akin to EIP-1559 on Ethereum, prevents the underpricing of transactions and spam, ensuring that transactions are fairly priced.
X1 blockchain is fully compatible with the Solana Virtual Machine (SVM), allowing builders to seamlessly deploy decentralised applications.
Awaiting its mainnet launch, X1 currently operates the Xolana testnet, which already has over 100 validators participating. To watch their live performance, visit x1val.online.