Layer 1 blockchain Skylex plans to launch its mainnet in Q3 2023. Once the mainnet is launched, Skylex can reduce its blocking finality to 3 seconds. To do this, Skylex Network has developed several products and services that allow users to join the world’s fastest growing digital ecosystem.
Skylex target for 2023 mainnet launch
Layer 1 blockchain Skylex plans to launch its mainnet in Q3 2023, reducing block finality to 3 seconds. In this context, Skylex Network has developed several products and services allowing users to join its ecosystem.
The project combines Layer 1 technologies with products such as mobile crypto client wallets, decentralized and centralized exchanges, and SLX nodes. In this way, Skylex develops a network of products and services that work together to make users and businesses more closely connected to the crypto world. In addition, the Skylex brand is established in the market. These combinations guarantee incredibly high stability in the Skylex ecosystem.
Technology can unleash talents that previous generations could never have dreamed of. Yet a few tech giants control the electronic devices, vehicles, banking systems and social media platforms that have now made their way into our daily lives. By monopolizing an unethical industry, companies violate user privacy. However, blockchain here promises a cure. The decentralization and different forms of encryption on the blockchain allow users to be safe on a fair and data-protected system. Although the potential of blockchain is obvious, the technology is still in its infancy.
“Skylex Network was created to give back to society financial freedom, transactional transparency and freedom of choice. We have built a platform and an ecosystem from the ground up, with user freedom as the most important pillar,” says David Ternus, Vice President of Skylex.
SLX Nodes
Each SLX node contains a number of SLX tokens and allows anyone to participate in confirming transactions on the SLX network, in turn receiving rewards for confirmed transactions. Users influence activity on the Skylex network with SLX nodes, which maximizes and stabilizes the performance and development of the Skylex network ecosystem. For this they are rewarded. All trades on exchanges in the Skylex network can be viewed in SLX Explorer. In total, there are 20 billion SLX tokens on the nodes, which equals 194,000 SLX nodes.
Due to the limited number of nodes, “first come, first served” applies. So if you enter the Skylex network early, you can secure your own validator. In the first week following the launch of the Skylex network, the platform registered over 2,500 users. This number continues to grow. It should also be mentioned that the launch of the mainnet depends on the total number of SLXs coming from node sales.
Constant improvement as a goal
Skylex has been loaded with many features to differentiate the network from the competition. However, the biggest strength is the team behind it.
“We will constantly demonstrate our ability to innovate, execute and grow. These qualities have helped us stay ahead of the competition. There is still untapped potential in the cryptocurrency market and we look forward to succeed with Skylex.” We are very happy to have investors and supporters who are our Skylex Stars”, adds David Ternus.
About Skylex Network
Skylex Network was created to give back to society financial freedom, transparency in transactions and freedom of choice.
The company aims to provide fully operational and comprehensive innovative technology, services and products, including decentralized and centralized crypto exchanges and a fully developed layer 1 blockchain.
Contact
For more information, visit the official Skylex website and social networks: Twitter, LinkedIn and Telegram.
This is a sponsored press release Cointelegraph assumes no responsibility for the content, accuracy, quality, advertising, products or any other material on this site. Readers should do their own research before taking any action regarding the Company. Cointelegraph shall not be liable, directly or indirectly, for any damage or loss suffered, nor shall Cointelegraph be liable for any damage resulting from any product, service or content promoted in the press releases.