What isImmutable X

Immutable X is a layer 2 scaling solution for non-fungible tokens (NFTs) on Ethereum that offers instant transaction confirmation and near-zero gas fees for mining and trading NFTs. Founded in 2018, by James Ferguson, Robbie Ferguson, and Alex Connolly, Immutable X aims to improve Ethereum scalability and user experience. This popular platform allows users to create and trade ERC-721 and ERC-20 tokens at a lower cost without compromising the security of their assets.

The Benefits of Using Immutable X

Immutable X offers several benefits for NFT enthusiasts. With no gas charges, users can enjoy a seamless experience of minting and trading digital collectibles. The platform is carbon neutral, and it can process 9000 transactions per second (TPS). Users can access instant trading, gaming, and applications without any compromise. The team at Immutable X is consistently evolving to achieve the goal of 9000 TPS on their portal.

FAQ

What is Immutable X?

Immutable X is a layer 2 scaling solution for non-fungible tokens (NFTs) on Ethereum. It offers instant transaction confirmation and near-zero gas fees for mining and trading NFTs.

What are the benefits of using Immutable X?

Immutable X allows users to create and trade ERC-721 and ERC-20 tokens at a lower cost without compromising the security of their assets. The platform is carbon neutral, and it can process 9000 transactions per second (TPS). Users can access instant trading, gaming, and applications without any compromise.

Who founded Immutable X?

Immutable X was founded in 2018 by James Ferguson, Robbie Ferguson, and Alex Connolly.

Final Thoughts

Immutable X is a revolutionary NFT marketplace on Ethereum that offers several benefits to users. With the platform’s instant transaction confirmation and near-zero gas fees, users can enjoy a seamless experience of minting and trading digital collectibles. Accessibility, fast transactions, and security make Immutable X a popular choice among NFT enthusiasts.

- Advertisement -
Latest Definition's

ÏŸ Advertisement

More Definitions'