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The token development platform aims to launch Ethereum as a Blockchain with greater speed, lower development costs and greater security.
With the popularity of Blockchain increasing, more and more companies are becoming anxious to break into the market with their proprietary technology and cryptocurrency. However, experienced entrepreneurs are no longer rushing to release tokens and launch ICOs without feasible use cases to support their business model or their project's unique value proposition. Tokens can be used by a company for many different purposes. They can act as a payment method, can be used to build customer loyalty, speed up internal processes and more.
However, choosing a platform to create a token can be a challenging process. This is where LindaX enters the scene. Contrary to most exchanges operating on the Ethereum platform, the LindaX network aims to become the successor of Ethereum by adopting a series of protocols. Developed for companies, companies, LLCs and subsidiaries, LindaX adheres to models of consortia that define the specific behavior and aesthetics of the chain.
Create scalable tokens with a developer support system at your fingertips
Unlike the Ethereum ERC20 platform, which can only handle 6 transactions per second, LindaX Blockchain leverages more efficient development tools and a developer support system to reduce the additional costs of creating a utility token. LindaX operates on the PoA (proof of authority) algorithm, enabling more than 179 transactions per second. In this way, companies that want to create a token on the platform will benefit from faster and unpretentious transactions. The conventional PoW algorithm (work test) requires expensive mining equipment to make sure the network remains secure. LindaX relies on verified validators – companies and companies – to validate network transactions, thus putting the owners of the company in full control of their proprietary utility token.
Increased security and scalability with the consent of the PoA
To protect the network, LindaX uses the Proof of Authority (PoA) algorithm, which does not involve any mining or stakeout. Consent depends on "validators" to ensure that the transactions added to the block are validated, processed and correctly executed. Moreover, PoA does not rely on the nodes to solve complex problems of mathematics, but on "authority"; which nodes are authorized to develop new blocks and keep the blockchain secure.
A token development platform that goes beyond Ethereum
As a token development platform, LindaX also targets Blockchain developers. "Trajectory", the project's TestNet, is a network of tests in which developers can implement and test the progress and progress of LindaX. Trajectory allows you to perform contract and Dapp tests at no additional cost, allowing developers to focus on development. The purpose of the network is not to become a resource but a scalable development platform that simplifies access to LindaX's Mainnet, "Orbital". Used to power LindaX, Orbital uses the PoA consent protocol that requires all Dapps and contracts published on the main network to be analyzed and approved before being publicly distributed.
In the future, LindaX seeks to expand and grow into an international token development platform. At this point, the team focuses on creating partnerships with trusted companies in order to bring more tokens to the platform. LindaX completed its pre-sale at the beginning of August, with over 3 million LX tokens sold in the first 12 hours. Testnet, mainnet and proprietary portfolios are currently under development and will be released prior to the launch of LindaX public token sales.
Image: Pixabay
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