X Network
  • X Network: An Intelligent Currency Infrastructure
  • X Ecosystem
    • X Network
    • AIUSD--Intelligent Stablecoins for Decentralized AI
      • AIUSD
      • Mint and Burn Process
      • Intelligent Dynamic Liquidity System（IDLS)
    • XUSD--Native Stablecoin of X Network
      • Mint and Burn Process
  • Technical Architecture
    • Implementation Highlights
    • Smart Contract Overview
  • Payments & Settlement
    • Settlement Approach
    • Securing Liquidity
  • Security and Governance
    • Security Features & Controls
    • Decentralized Governance
  • X Tokenomics
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  1. Technical Architecture

Implementation Highlights

Optimistic Rollup Using OP Stack: X employs an Optimistic Rollup solution built on the OP Stack to enhance transaction throughput and reduce costs while maintaining security.

  • Mechanism: Transactions are processed off-chain, assuming they are valid by default. Periodic proofs are submitted to the Ethereum mainnet to ensure the integrity and validity of transactions.

  • Benefits: This approach significantly increases transaction speeds and reduces costs, making financial services more accessible and efficient.

Custom Gas Token (xUSD) Implementation: xUSD, a USD-pegged stablecoin, is used as the native gas token within the Layer 2 network.

  • Purpose: Using xUSD for transaction fees simplifies the user experience by eliminating the need for multiple cryptocurrencies and providing a stable and predictable cost structure.

  • Integration: xUSD is directly integrated into the modified Ethereum Virtual Machine (EVM) within the OP Stack, ensuring seamless transactions and consistent gas pricing.

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Last updated 6 months ago