LITEX Biweekly from Dec.1 to Dec.16

LITEX
3 min readDec 19, 2018

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Highlights:

LITEX Lab released the first commercial Layer 2 product demo at Dapp Eco-development Summit Forum on December 1;

LITEX has reached strategic cooperation with Imperial Throne, which will promote the practical landing of layer2 technology in the field of DAPP games;

LITEX CMO Laura was invited to participate in the 9th interview of Little Blackhouse to introduce to hundreds of users how LITEX leveraged the DAPP ecology of ETF and the technological progress of LITEX with layer2 technology.

LITEX Lab CEO Leo was invited to participate in CCTV’s Global Business channel to comment on the present and future bitcoin and blockchain market;

LITEX Lab technology was steadily advancing to cross-chain support for stable coins;

LITEX opened Bihu official account;

LITEX Lab CMO Laura was interviewed by a famous blockchain media Erduo Finance;

LITEX Lab CMO Laura was invited to participate in the Open Day of Huobi Project;

The new official website of LITEX has been designed and will be upgraded soon.

Technical Advances:

Front-end Progress

CrossChain module Pending Transactions and Confirmed Transactions show optimization, and access speed optimization;

Solve browser compatibility bugs and optimize front-end performance;

Design and implement a new version of the official website;

Fast Routing

Continued last week’s test to fix potential bugs;

Improve network mobility problem solutions;

Complete the route simulator test work;

Cross Chain

Research cross-chain scheme that supports the anonymous coin xmc ;

Study various stable coins and support for cross-chain solution for stable coins;

Complete cross-chain controller modules to optimize cross-chain payment efficiency;

Marketing Updates:

LITEX released its first commercially usable layer2 product at the Dapp Eco-Development Summit on December 1st, a coin-flip dapp game running on Ethereum Rinkeby. At the press conference, the LITEX team demonstrated the product, allowing hundreds of audiences present to experience the unprecedented smooth experience of the Ethereum dapp game, and to get the attention of most famous dapp media.

LITEX Lab CEO Leo was invited to participate in CCTV’s Global Business channel to comment on the current digital currency market. Leo pointed out that the reason why digital money entered the bear market was because there was no practical application of blockchain technology, so the skyrocketing at the end of last year was only irrational prosperity. The layer2 technology that LITEX is doing is to help the public chain improve efficiency, to help everyone better experience the blockchain technology and realize the application of the blockchain.

LITEX Lab CMO Laura was invited to participate in the Open Day of the Huobi Project, and have deep conversations with the on-site participants and the Huobi executives. The head of Huobi Labs suggested that the dapp market is worthy of attention and there are already many killer dapps with a inflow over 10 million daily, and the market has just emerged, which is a quite promising one. This is also the main direction of LITEX. In the future, LITEX will cooperate with many well-known companies in the industry.

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LITEX
LITEX

Written by LITEX

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

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