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ChainX aims to enable asset interoperability with other blockchains by measuring users' mining power based on the market value of BTC, DOT, ETH, ERC20, EOS, and other assets deposited in an inter-chain bridge. It is an inter-chain crypto-asset financial blockchain that will become a Polkadot parachain upon platform launch. ChainX is one of the early blockchains constructed on Substrate, a framework that simplifies the creation of upgradable and efficient blockchains. Substrate chains can be seamlessly integrated into the Polkadot network during genesis. ChainX has already developed the BTC bridge and DEX, and plans to introduce bridges for BCH, LTC, and ZEC, as they all employ similar POW consensus and UTXO transaction format. Additionally, ChainX will continue to support Ethereum and other POS chains.
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