This Week in Crypto

14.07.2023

With the US SEC declaring ripple as a non-security, there has been a moderate sense of recovery within the Altcoin market. While the news is truly welcoming, there are many exciting events that you should not miss. In this week’s issue of This Week in Crypto, we are taking a look at the following:

• MXC launches zkEVM Mainnet
• MXC Swap and Name Service welcome new users
• MXC Bridge sets new record

MXC Launches zkEVM Mainnet

The wait is finally over. The much-anticipated MXC zkEVM is finally here to start a new chapter. As the premier Layer 3 on Arbitrum, the MXC zkEVM is a purpose-built blockchain designed to serve as a foundation for all Web3 IoT solutions and tokens. With incredibly fast transaction speed and block time, the MXC zkEVM aims to massively scale up the MXC ecosystem on top of Arbitrum and other promising Layer 2 networks such as Taiko.

MXC Swap and Name Service Welcome New Users

The MXC Swap, an MXC-native DEX for all tokens on the MXC zkEVM blockchain, is now fully live. With aggregated liquidity pools, gas fee optimization, and easy LP management, those interested in venturing out within the MXC ecosystem can easily buy and sell their tokens of choice.

Moreover, the MXC Name Service (MNS) is now available for users to mint and claim their unique .mxc domains. Users can choose their own wallet name, and bind it to their existing Metamask wallet and other non-Ethereum and non-EVM-based wallets as well to have an easy-to-remember wallet address instead of a string of random numbers and letters. For example, instead of a wallet address that looks like 0x321bcc3621sd46aaaqetr9…, users can simply replace it for pizza (or any words or letters they wish).mxc.

With the first batch of users already using the swap and claiming their MNS, we invite you to check it out at: https://swap.mxc.com/ and https://mns.mxc.com/.

MXC Bridge Sets New Record

The results are in. MXC Bridge from Ethereum Layer 1 to MXC zkEVM Layer 3 is one of the fastest L1 to L3 bridges to ever exist. With a bridging time of just a few seconds, the MXC Bridge has successfully passed the test for mass usage at lightning-fast speed. The bi-directional bridge allows users to convert their ERC-20 MXC to zkEVM native MXC and vice versa, ensuring that all MXC ecosystem users can seamlessly hop from one blockchain to another to fully benefit from all suits of products each blockchain offers.

We invite you to bridge over to the MXC zkEVM ecosystem, and start exploring the fastest, premier Layer 3 solution: https://erc20.mxc.com/