Layer-One.X blockchain, enabling scalability and interoperability through mobile-enabled devices
Kevin J. Coutinho, Pornpit Wongthongtham, Ferdin Azis, Norman Lip, Josh Hunt · 2022
Interoperability and scalability are currently the bottlenecks preventing mass adoption of blockchain technology. Development of an interoperable and scalable network that promotes a truly decentralised, permissionless and secure blockchain as well as one that enables micro validation is the main goal of this project. Layer-One.X, a truly decentralised ledger which utilises para-sharding, Directed Acyclic Graphs, Proof of Participation consensus mechanism, mobile computing, flash contracts and nucleus scripting is outlined in this paper. The conceptual framework that facilitates the growing need of transaction per second enabling micro-based payments is presented.