For the time being the goal of ChainX is to build a cross-chain digital asset management platform on the strength of substrate which is next-generation framework for blockchain created by paritytech. The long-term vision of ChainX is to evolve as a general blockchain infrastructure platform.
ChainX is still at a very early stage and in an active development. The instruction as followed is not stable and may change in the future.
Built-in light client of existing blockchains.
Built-in Coin DEX.
Progressive staking and election machanism.
1.0: Independent Chain
ChainX 1.0 will operate as an independent chain at the very beginning, supporting the Coin DEX between the system currency PCX and BTC powed by BTC cross-chain transaction from the relay. At this stage, ChainX will continue to relay BCH, LTC, ZEC, ETH, DAI, ERC20, ERC721, ADA, EOS and other chains for Coin DEX.
2.0: Polkadot Parachain
ChainX 2.0 will begin at Q3 2019 when Polkadot releases v1. It will connect into Polkadot and transform into a para-chain, adding new applications such as decentralized stable currency collateralized by BTC and derivatives exchanges.
3.0: Polkadot level 2 multi-chain system
ChainX 3.0 will begin at 2020 when Polkadot releases v2, splited into a multi-chain architecture operating as Polkadot's level 2 relay network.