LITEX - building the largest commercialized layer2 ecology worldwide.

[ Statements on recent rumours about LITEX ]

High Performance

By transferring the micro & high-frequency transactions to off-chain, layer 2 technology helps public chains to get rid of its performance limitations and improve its efficiency. LITEX developed layer 2 technology based on Ethereum, and has upgraded the TPS of Ethereum from the original 20-30 to more than 10000 on off-chain without upper limit, far beyond the speed of current public chains.

Low transaction fee

LITEX optimized and upgraded the lighting network which realized payment channel expansion and partial withdrawal. Compared with classic lighting network, the capital and time efficiency has increased by 200%-300%. In addition, there is no gas fee for off-chain transfer except opening or closing the off-chain channel, which greatly reduces the transaction cost.


The off-chain transaction security of layer 2 technology is ensured by cryptography and game theory. The off-chain transaction data can not be falsified after being signed by multi-party and can be returned back to public chains for settlement and verification at any time. Therefore, its security is much better than side chain.

The first phase (Dec. 2017~Otc. 2018)
: Research and Release the testnet
LITEX is dedicated to seting up and launching the earelier version of testnet which will realize the following functions, by upgrading the original Lightning Network stack, LITEX testnet can enable channel expansion and partial withdrawals, and cross-chain (BTC and ERC20, to start) atomic swaps and distributed fast routing.

The second phase (Nov. 2018~Jun. 2019)
: Make layer2 technology available for dapp games and payment fields
At this stage, LITEX will launch, test and run the open source layer2 product that provides dapp developers with professional technical solutions to greatly improve the performance of dapp games based on Ethereum. At the same time, the crypto payment products will be released to enable the commercialization of layer2 technology and create the closed-loop business ecology in the fields of dapp games and payment.

The third phase (Jul.2019~Jan. 2020)
: Advance the layout of LITEX in global crypto payment ecology
At this stage, LITEX will focus on the payment field to make layer2 technology avaliable for various payment scenarios. LITEX will work with the upstream and downstream of payment industry, such as cooperating with cryptowallets, stable coins, OTCs and payment scenerios to provide users with convenient cryptocurrency payment solutions. Users can pay as convenient as using Alipay using crypto wallets which powered by LITEX layer2 technology.

The fourth phase (Feb. 2020~Jun. 2020)
:Build the largest commercialized layer2 ecology worldwide
At this stage, as layer2 network of LITEX has established layer2 ecology with real transactions, LITEX will launch an official node campaign globally to build the decentralized value exchange ecosystem regulated by LXT and establish a global autonomous community that connects crypto and real world, help users enter the future digital era.

Launched on the Huobi Global exchange.
Established the strategic cooperation with Wanchain.
Particapted in Wanchain’s trip to Southeast Asia.
Launched on the Fcoin exchange.
Launched on New York NASDAQ screen.
Established the strategic cooperation with Matrix.
Released the testnet v0.2 version.
Launched the first ever commercially applicable layer2 product solution globally.
Established the strategic cooperation with Imperial Throne.