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WEB3 BANKING BY CROSSFI
Web3 banking tools for the fastest and instant use of crypto every day
Web3 Bank (CrossFi App)
Online app that combines all traditional banking services with web3 security and decentralization
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Spend your crypto like a fiat with 100 million merchants worldwide
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Discover security technology by CrossFi to provide blockchain data safety
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BLOCKCHAIN
CrossFi Chain is a layer 1 blockchain with modular architecture. It consists of two parts, Cosmos and EVM.
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CrossFi Chain
A layer 1 blockchain, consisting of two integral parts, is the core of the Cross Finance ecosystem with unlimited scalability.
Cosmos
The Cosmos-based part of the CrossFi Chain is responsible for consensus, production, block verification, and transaction creation.
EVM
The EVM-based part of the CrossFi Chain is responsible for interaction with smart contracts and achieving EVM compatibility.
Mint Power (MPX)
A unit of computing power required to mine XFI coins through staking
CrossFi (XFI)
A utility coin that provides access to all services, dapps, and products launched on CrossFi Chain
eMPX
A liquid EVM-compatible version of MPX coin with limited emission
Foundation
CrossFi Foundation
The CrossFi Foundation's grant program is aimed at developing the CrossFi ecosystem.
CrossFi Foundation
The CrossFi Foundation's grant program is aimed at developing the CrossFi ecosystem.
Users
Engage with the network, test services, complete tasks, and earn rewards.
Creators
Create unique content about Cross Finance technology and ecosystem products to earn rewards
CrossFi Evolution Hackathon
A series of events by CrossFi designed to reveal the talents of web3 developers
Developers
Developers Launch a Cross Finance - based product or service and apply for a grant.
Validators
Validators Rewarding validators for their vital role in creating a robust, decentralized, and secure network.
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The CrossFi Chain core is built on the Byzantine Fault Tolerant (BFT) consensus mechanism, Tendermint, and the Cosmos SDK blockchain application framework.
The Cosmos-based part of CrossFi is responsible for:
Consensus

The DPoS (Delegated Proof of Stake) consensus protocol allows anyone to become a full-fledged participant.

New Coin Emissions

The issue and distribution of XFI new coins occur with every new block in the blockchain network.

Transaction Services

CrossFi Chain bandwidth up to 50,000 TPS

Production of blocks

128 validators create and confirm each new block every 5 seconds.

The CrossFi Chain core is built on the Byzantine Fault Tolerant (BFT) consensus mechanism, Tendermint, and the Cosmos SDK blockchain application framework.

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The Cosmos-based part of CrossFi is responsible for:
Consensus

The DPoS (Delegated Proof of Stake) consensus protocol allows anyone to become a full-fledged participant.

New Coin Emissions

The issue and distribution of XFI new coins occur with every new block in the blockchain network.

Transaction Services

CrossFi Chain bandwidth up to 50,000 TPS

Production of blocks

128 validators create and confirm each new block every 5 seconds.

About Tendermint Core & Cosmos SDK
Cosmos SDK

Cosmos SDK is a framework that allows developers to create customized blockchains based on the Tendermint consensus algorithm.

It allows developers to build fast and secure blockchain systems without the distraction of consensus and blockchain network layers and focus directly on building the application logic. You control every aspect of consensus, governance, permissions, and smart contracts.

Tendermint Core

Tendermint Core is an open-source blockchain developer software. It allows you to create applications in any programming language. The key quality of Tendermint is speed. The transaction is included in the block in seconds and does not require time for confirmation.

Tendermint Core architecture is a Byzantine Fault Tolerant (BFT) consensus protocol. It is secure and eliminates fraud, as the Tendermint algorithm automatically blocks nodes transmitting incorrect information during validation. Tendermint is used to scale public PoS blockchains. The well-known decentralized, scalable, interoperable ecosystem of interconnected independent Cosmos blockchains is based on the Tendermint Core.

About Tendermint Core & Cosmos SDK
Cosmos SDK

Cosmos SDK is a framework that allows developers to create customized blockchains based on the Tendermint consensus algorithm.

It allows developers to build fast and secure blockchain systems without the distraction of consensus and blockchain network layers and focus directly on building the application logic. You control every aspect of consensus, governance, permissions, and smart contracts.

Tendermint Core

Tendermint Core is an open-source blockchain developer software. It allows you to create applications in any programming language. The key quality of Tendermint is speed. The transaction is included in the block in seconds and does not require time for confirmation.

Tendermint Core architecture is a Byzantine Fault Tolerant (BFT) consensus protocol. It is secure and eliminates fraud, as the Tendermint algorithm automatically blocks nodes transmitting incorrect information during validation. Tendermint is used to scale public PoS blockchains. The well-known decentralized, scalable, interoperable ecosystem of interconnected independent Cosmos blockchains is based on the Tendermint Core.

Cosmos Benefits
Why We Use Tendermint BFT and Cosmos SDK
The Tendermint BFT and Cosmos SDK enable the CrossFi Chain to deliver:
  • Consensus protocol - DPoS (Delegated Proof of Stake)
  • Byzantine fault tolerance - 2/3
  • Maximum number of validators - 128
  • Block time - 5 seconds (possible reduction to 1 second)
  • Transaction per second - up to 50 000
  • Operations per transaction - up to 100
  • Transaction confirmations - 1 block
  • Basic transaction fee - $ 0.02

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