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What is SX

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1. What is sx?

Introduction to SX Network (SX)

SX Network is a decentralised platform based on blockchain technology, aimed at providing users with a secure, fast, and convenient trading experience. This cryptocurrency can be traded globally, free from the constraints of traditional currency systems and government regulations.

Main Features

  1. Decentralisation: SX Network is not controlled by any central authority or government, allowing users to trade directly without intermediaries, thus reducing the overall cost and time of the trading process.
  2. Anonymity: When trading on SX Network, users’ identities can be protected since they only need to provide their cryptocurrency wallet address without sharing personal identification information.
  3. Smart Contracts: SX Network employs smart contract technology, enabling automated trading and contract execution. Smart contracts are code protocols on the blockchain that can automatically execute the terms of agreements and trigger corresponding actions when specific conditions are met.

Application Scenarios

SX Network offers more flexibility and autonomy for individual users and businesses, especially in cross-border transactions and fund transfers. By leveraging blockchain technology and smart contracts, SX Network provides users with a safer, more convenient, and efficient trading method.

Relevant Links

  • Official Website: https://www.sx.technology/
  • White Paper: https://docs.sx.technology/
  • Twitter: https://twitter.com/SX_Network
  • GitHub: https://github.com/sportx-bet/smart-contracts

Summary

SX Network is a cryptocurrency with important features such as decentralisation, anonymity, and smart contracts. By utilising blockchain technology and smart contracts, SX Network provides users with a safer, more convenient, and efficient trading method.

2. Who founded sx?

SX Network (SX) was founded by the SportX team, although the specific founders' information is not clearly mentioned in the provided search results. However, according to the information available, SX Network (formerly known as SportX) was established in 2018 and is headquartered in Canada.

3. Which venture capitalists invested in sx?

According to the information provided, there are no clear mentions of SX Network's investment details in the given search results. However, SX Network is described as an independent smart contract blockchain launched using a native prediction market protocol, specifically designed for blockchain application developers with EVM compatibility, low-cost transactions, and PoS-based consensus models.

If you need specific investment information about SX Network, further searches or reviews of related news articles and official announcements may be necessary. The provided search results mainly pertain to other cryptocurrency projects and venture capital firms, such as Hack VC and a16z.

4. How does sx work?

SX Network (SX) is a cryptocurrency based on blockchain technology, featuring decentralisation, anonymity, and smart contracts. Here is an overview of how it works:

  1. Decentralisation: SX Network is not controlled by any central authority or government, allowing users to trade directly without intermediaries.

  2. Anonymity: When trading on SX Network, users’ identities can be protected as they only need to provide their cryptocurrency wallet address without sharing personal identification information.

  3. Smart Contracts: SX Network employs smart contract technology, enabling automated trading and contract execution. Smart contracts are code protocols on the blockchain that can automatically execute the terms of agreements and trigger corresponding actions when specific conditions are met.

  4. Blockchain Technology: SX Network is based on blockchain technology, which is a decentralised ledger that records all transactions on the network. It is maintained by a network of computers rather than a central authority, making it difficult to alter or tamper with.

  5. Trading Method: Users can conduct transactions via cryptocurrency wallets, with transaction records stored on a public ledger. Trades on SX Network are peer-to-peer and anonymous, allowing for greater privacy and security.

  6. Token Economics: SX Network's token economics includes information on circulation, total issuance, and maximum issuance. This information can help users understand the supply situation and potential value of SX.

In summary, SX Network provides users with a more secure, convenient, and efficient trading method by utilising blockchain technology and smart contracts.

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