Cryptocurrency Q&A
What blockchain is immutable built on?
What blockchain is immutable built on?
Alessandra
Sun Sep 08 2024
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answers
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I'm curious, can you explain to me what blockchain technology is fundamentally based on that allows for immutability? Is it a specific consensus mechanism, the decentralized nature of the network, or some other underlying principle that ensures data on the blockchain cannot be altered or deleted once it's been recorded? Understanding the roots of this immutability is crucial for appreciating the full potential of blockchain applications and the security it offers.
6 answers
AltcoinExplorer
Tue Sep 10 2024
By leveraging Layer-2 scalability protocols, ImmutableX seeks to enhance the user experience on the Ethereum blockchain, making it more accessible and efficient for a wider range of applications.
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Chiara
Tue Sep 10 2024
ImmutableX represents a groundbreaking advancement in the world of blockchain technology, particularly within the Ethereum ecosystem.
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Paolo
Tue Sep 10 2024
This second-layer solution aims to tackle two of the most pressing challenges that Ethereum currently encounters: high gas fees and limited transaction throughput.
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Lorenzo
Mon Sep 09 2024
The implementation of ImmutableX can potentially revolutionize the way transactions are processed on Ethereum, allowing for faster and cheaper transactions without compromising on security.
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Martina
Mon Sep 09 2024
As a top cryptocurrency exchange, BTCC recognizes the importance of scalability and efficiency in the blockchain space. That's why BTCC offers a range of services that cater to the evolving needs of the industry.
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