Games that run on blockchain are gaining more and more relevance. In addition to allowing entertainment in a decentralized system, trading with cryptocurrencies is facilitated and encouraged. A token that is becoming more well-known in this world is the Satoshi Rune Titan.
It is the main token of the LayerX system, which is innovative for bringing gaming solutions to the Bitcoin blockchain. Furthermore, a service connects it to other layer 2 chains. To know it, understand what LayerX is.
Gaming on the Bitcoin blockchain with LayerX
LayerX GameFi Platform integrates several games with other chain technologies. The interface is user-friendly, meaning people who are not yet familiar with the crypto world can participate.
Virtual assets are valued as players develop in blockchain games, which includes Satoshi Rune Titan. It is possible to exchange several tokens used in games for TITAN, which has specific functions in the protocol.
The LayerX GameFi DEX allows the exchange of cryptocurrencies not only in-game, but staking, buying and selling digital assets. Through connections with other layer 2 chains, transactions are fast, with low processing rates.
LayerX bridge
Satoshi Rune Titan's cross-chain system connects Bitcoin's core layer to multiple decentralized networks through easy-to-use tools.
As everything works in the Bitcoin system, tokens traded on LayerX must belong to the BRC-20 protocol. They are like the BTC version of ERC-20, but they do not use smart contracts to be mined.
To do this, the user needs to transfer BRC-20 tokens to a location determined by LayerX. After the deposit is validated, the system creates a BRC-20 token on layer 2 of Bitcoin for the exchange between layers to be carried out securely.
TITAN Token
The TITAN token is the main asset of LayerX. It is given to the player as an in-game reward. As it concerns governance, it gives the holder voting power in community assemblies. In them, members decide to implement improvements to the platform, for example.
The total supply of TITAN is 20,090,103 tokens, with 10% going to airdrops, 20% to investors, 10% to technical staff and 60% to support the development and launch of new games on the Satoshi Rune Titan platform.
Because it runs on the Bitcoin blockchain, TITAN is also a BRC-20 token, integrated into LayerX's DEX. In DeFi, it is possible to stake, sell, buy and carry out other transactions permitted by the network.
Supernodes
LayerX enables supernodes, the foundation of the blockchain. These are computers that record and validate transactions on the network. Information is transmitted from node to node to ensure security.
The LayerX super node is a participant signed up to the blockchain with a set amount of tokens. After being verified and having the power to vote at meetings, he receives dividends from the gas fees made on the network.
Learn more about cryptocurrencies
Satoshi Rune Titan presents a solution for trading tokens on the Bitcoin blockchain, as well as creating an environment for Web 3.0 gaming. To learn more about TITAN and other cryptocurrencies, visit the NovaDAX website and stay up to date with the latest news!
