Immutable X (CRYPTO: IMX)
Immutable X (IMX) is a Layer-2 scaling solution for Ethereum, designed by the team behind Immutable, a blockchain gaming company. It uses zk-rollups to enable fast and cheap transactions with zero gas fees. IMX is used for building dApps and executing smart contracts on Ethereum with high throughput, reduced congestion, and lower costs, making it ideal for gaming, marketplaces, and NFTs. The IMX token is used for transaction fees, network security, and governance.
Fundamentals Immutable X
Last updated Apr 20, 2024, 09:19:53am EDTRecommendations
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