What is SolarX blockchain
SolarX is the world's first eco-friendly cryptocurrency miner powered by the sun. By using renewable energy sources to power the mining process, it stands out amidst similar mining projects that are characterized by high-energy consumption and negative impacts on the environment.
SXCH is the token that is native to the layer 1 SolarX blockchain that is proprietary to the SolarX ecosystem. The token is an ERC20/EVM compatible fork from ETH.
From the open source SolarX blockchain any projects will be able to not only utilize the miners as being nodes but also mint and have their token mined by the SolarX mining community.
Projects can also elect to have their tokens mined by the SolarX ecosystem thereby securing the protocol overall. The miners themselves act as fully confirming, constructing and approving nodes.
SXCH use cases:
- Buying SolarX mining devices at a discounted price.
- Paying for subscription/trading of the Fractionalized/tokenized mining farm, which will include not only SXCH miners but also eco-friendly BTC and other POW miners In due course this will also include traditional instruments which have been digitized. .
- Usage as a parent coin for mining new tokens on the SolarX blockchain.
- Utility token for the launchpad, which assists projects built on the protocol to raise funds.
- Utility token for a crypto exchange based in Europe.
Who are the founders of Solarx Blockchain
The team at SolarX is led by Glenn Grant, former Director at Kraken Digital Asset Exchange and other seasoned Engineers, including the co-founders of the project Arben Syla and Blond Aliu, along with other Financial and Marketing Experts.
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