LITEX 44th Biweekly Report

LITEX
2 min readFeb 19, 2019

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LITEX Project Description

LITEX is a fully decentralized value exchange ecosystem based on layer 2 technology, and is able to realize off-chain transaction and cross-chain communication, which solves key pain points of low efficiency of main chain and isolated public chain islands. It carries the upper-level applications such as micropayments and decentralized exchanges. Through API layer, LITEX opens up its fundamental functions and supports rich value exchange ecosystem, connects between the crypto world and the reality, and builds the infrastructure of block-chain world.

Highlights:

LITEX reviews the main project progress of the past year and looks ahead to what needs to be achieved in the future

LITEX reached the strategic cooperation with dapp.com

Technical Advances:

Front-end Progress

Modified some modules via vue

Fast Routing

Optimized the protocol coding via Golang

On-chain

Optimized the contract structure so that one payment contract supports multiple tokens

Marketing Updates:

Review the past and look into the future

LITEX reviews and summarizes the main progress and strategic direction of the past year. In 2018, LITEX has achieved several breakthroughs and always keeps an open mind towards adjustments of market environment. The milestone events are shown as follows, LITEX launched on Huobi exchange on Apr. 9th, participated in Wanchain’s trip to Southeast Asia from Jul. 7th to Jul. 16th, launched on New York NASDAQ screen on Aug. 8th, released the testnet on Oct.24, launched the first ever commercially applicable layer 2 product solution on Dec.1st globally. As LITEX has always focused on the commercial application of layer2 technology, and leads the development of technology and application in block-chain industry. In 2019, LITEX will still move forward and be devoted to building the largest layer2 ecosystem.

LITEX Lab reached the strategic cooperation with dapp.com

LITEX is devoted to applying layer 2 technology to dapp industry in order to put the layer 2 technology into commercial practice. Dapp.com is a well-known dapp platform for the dapps users to explore and enjoy thousands of ranked blockchain games, social network, tools & more built on Ethereum, EOS, STEEM, NEO & TRON. LITEX will explore the layer 2 technology in the dapp field together with dapp.com.

Exchanges:

Contact:

Website: litex.io

Email: contact@litex.io

Whitepaper: litex.io/wp

Github: github.com/litex io

Telegram: http://t.me/litex_official

Bihu:@LITEX

Twitter:@litex_io

Medium:@litex_io

Facebook:@Litex Lab

Reddit:@litex_lab

Bitcointalk:@litex_lab

Steemit:@litex_lab

Youtube:@litex lab

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LITEX
LITEX

Written by LITEX

LITEX is a decentralized value exchange ecosystem based on layer2 technology.

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