LITEX 46th Biweekly Report

LITEX
2 min readMar 3, 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 team continued to develop the technology

Investigated the applicable scenarios of layer 2 technology

Prepared to update the official website of LITEX and complete the brand upgrade

Technical Advances:

Front-end Progress

Tested the data of last week and fixed bugs

Fast Routing

Explored how to solve the related routing problem via cryptography

On-chain

Modified the contract architecture to enhance the scalability.

Marketing Updates:

− Investigated the applicable scenarios of layer 2 technology

LITEX continued to investigate the practical scenarios of layer 2 technology, made specific exploration and analysis of the scenarios which is applicable to layer2 technology besides dapp games and made the preliminary research results.

− Prepared to update the official website of LITEX and complete the brand upgrade

LITEX prepared to update the official website in accordance with the project progress this week to help users know the LITEX news in time. Later, LITEX will also continue to update the project progress on official website the first time and looking forward to your active contribution of opinions and suggestions.

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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