ChainX establishes a trusted and scalable BTC layer 2 network. Scalability can be achieved through custodial and non-custodial modes, so that BTC can be crossed onto other chains with a significant boost in transaction throughput and a substantial cut in transfer fees.

The ChainX network supports the deployment of smart contracts via virtual machines and execution environments such as WebAssembly(Wasm) and EVM, Therefore, through BTC layer 2 EVM contract platform, XBTC-based DApps become compatible with Ethereum’s solidity contract and Ethereum peripheral tools such as metamask.