About ChainX
ChainX (PCX) is a cryptocurrency launched in 2017. ChainX has a current supply of 12,505,374.7. The last known price of ChainX is 0.01992962 USD and is down -4.60 over the last 24 hours. It is currently trading on 12 active market(s) with $11,788.57 traded over the last 24 hours.
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Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
13M PCX
Max Supply
21M PCX
Total Supply
13M PCX
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Not enough data
Additional details
Market details
PCX vs markets
Not enough data
PCX vs BTC
Not enough data
PCX vs ETH
Not enough data
Tags
substrate
polkadot
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 28.24 | |
1 Day | ARS 28.44 | |
1 Week | ARS 31.91 | |
1 Month | ARS 29.87 | |
1 Year | ARS 185.36 |
FAQ
ChainX (PCX) is a community-run layer2 network of bitcoin. The network aims to build a trustworthy and scalable Bitcoin layer-2, which is a secondary framework or protocol built on top of an existing blockchain network. This off-chain layer intends to increase Bitcoin’s payment speed as well as its function extension. ChainX’s community-run network aims to be the gateway to Bitcoin’s ecosystem as a layer-2 framework.
According to its whitepaper, due to the limitations imposed by block size and block production, Bitcoin falls short of providing a significant purpose when it comes to large-scale payments. Also, the network suffers from scalability issues. As a solution, Bitcoin’s reliability in the layer-2 network is built up by ChainX.
ChainX aims to allow the deployment of smart contracts using virtual machines such as EVM in order to achieve Bitcoin scalability and to provide a suitable development platform for Dapp developers. Virtual machines are sets of virtual space where code can run independently of the rest of the system. As a result, virtual machines help test new software or execute potentially harmful applications. Likewise, the Ethereum Virtual Machine (EVM) powers the Ethereum network’s nodes to execute smart contracts.
The platform aims to offer certain features like:
PCX is ChainX’s governance token. Accordingly, the token has three main utilities: governance, payment, and staking. PCX aims to represent the voting rights on the ChainX network, granting holders the ability to vote on protocols, products, new features, objectives, upgrades, and maintenance. Additionally, the network seeks to enable holders to stake their tokens in order to safeguard the network while also receiving incentives. Further, as a facilitator for the transaction process, ChainX charges transaction fees for the computational power through the PCX token.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3482
Contributors
8
Posts
8
% About ChainX
0.002%
Articles
0
X (Twitter)
0% bullish
Sentiment
1.0 ★
Highlights
8 unique individuals are talking about ChainX and it is ranked #3,482 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, ChainX has an average sentiment score of 1.0 out of 5. Finally, ChainX is becoming less newsworthy, with 0 news articles published about ChainX.
On Twitter, people are mostly neutral about ChainX. There were 0% of tweets with bullish sentiment compared to 400% of tweets with a bearish sentiment about ChainX. 100% of tweets were neutral about ChainX. These sentiments are based on 10 tweets.
On Reddit, ChainX was mentioned in 0 Reddit posts and there were 0 comments about ChainX. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.