What is Immutable X and how does it relate to web3?

3 answers

• Feb 19, 2022 · 3 years ago
  Immutable X is a layer 2 scaling solution for Ethereum that aims to improve scalability and reduce transaction fees. It uses a technology called zk-rollups to bundle multiple transactions into a single proof, which is then submitted to the Ethereum mainnet. This allows for faster and cheaper transactions while still benefiting from the security and decentralization of the Ethereum network. In the context of web3, Immutable X provides a more efficient and cost-effective infrastructure for decentralized applications (dApps) built on Ethereum, enabling a better user experience and broader adoption of blockchain technology.
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• Feb 19, 2022 · 3 years ago
  Immutable X is like a supercharger for Ethereum. It helps to solve the scalability and high fees issues that have been plaguing the Ethereum network. By using zk-rollups, Immutable X can process a large number of transactions off-chain and then submit a single proof to the Ethereum mainnet. This means faster and cheaper transactions for users. In the web3 world, Immutable X plays a crucial role in enabling the next generation of decentralized applications to scale and reach mass adoption.
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• Feb 19, 2022 · 3 years ago
  Immutable X is a layer 2 solution developed by Immutable, the team behind the popular trading card game Gods Unchained. It aims to provide a scalable and low-cost infrastructure for Ethereum-based applications. Immutable X uses zk-rollups to achieve high throughput and low fees, making it an attractive option for developers and users alike. With Immutable X, web3 applications can handle a large number of transactions without congesting the Ethereum network and without compromising on security.
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