❗️ To avoid distractions and move quickly, we make the hard choice of developing ChainX in a private codebase. Once it's been fully tested and audited with great care, we'll put it public again. Stay tuned!
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.
-
And more.
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.
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.
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.