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XMax – a leader in the Blockchain Entertainment Development, has set a new record in the history of the Huobi-Hadax exchange with 20 Huobi “Super Nodes” voting for the project to get listed on HADAX.
Huobi is the top cryptocurrency exchange in China. It is reported that XMax is the first project in history to get the support of 20 Huobi “Super Nodes,” which is significantly higher than the previous 14 “Super Nodes” voting record set by FTI.
The “Super Voting Nodes” are professional investment institutions with good industry reputations, whose main responsibility is to assist HADAX in screening projects applying for exchange listings; Through their analysis, they help users identify high-quality projects and reduce investment risk.
So, what exactly is XMax?
XMax will build a user-friendly, high-performance blockchain system with the "Galaxy Multichain Network" structure.
In simple terms, it operates using “main chain + multiple functional side chains," while ensuring the high performance and scalability of the main chains.
The main chain will only manage light transactions such as system contracts, account transactions, etc., whereas all smart contracts and DAPPs will run completely on side chains.
The "Super Main Chain" of the XMax system, one of the project’s new concepts, has the following design:
- Supports a high number of extension chains. Each extension chain can exist as an independent economy
- High-performance inter-chain communication, Merkle tree node time sharing package system
- Through DAO user communities gain the ability to help upgrade the super chain and extension chains.
- Plug-and-play functionality with a Scalable Structure
To support the Superchain, XMax will elect 2100 global nodes (21 nodes will be selected from each of 100 regions, based on population). In the future, XMax expects to dynamically allocate global node selection beyond regional boundaries.
The XMax project has received strong interest from top-tier investors and advisors. The first DAPP in the XMax ecosystem - the social media app “3AM” has been published in the App Store. Many more partnerships and DAPPs will be launched on the XMax ecosystem in the near future.
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Last modified (UTC): June 7, 2018 5:40 PM