Crypto DeXit Network launches MainNet Blockchain despite dizzying bear market, promises to revolutionize with significantly lower transaction fees for developers and an ultimate goal of entering the Blockchain Elite
SYDNEY, 1 November 2022 /PRNewswire/ — Today, crypto DeXit Network announced the release of their MainNet Blockchain Network, bringing them a quantum step closer to their planned complete blockchain ecosystem. The release immediately follows a successful Certik code audit. Certik is recognized as the industry standard for crypto-related security audits. MainNet provides the framework for hosting the native DXT token and virtually any blockchain or Web 3 application with complete Ethereum Virtual Machine (EVM) compatibility. Two additional items are still planned for release, but the launch of MainNet allows DeXit to immediately develop and host applications on their blockchain. The first of the two, the Cross Chain Bridge, is currently being implemented and will facilitate seamless transfers between DeXit and major blockchains such as Binance, Ethereum, Phantom and Polygon. The final ecosystem elements, DeXit Decentralized Exchange and NFT Marketplace, are expected in March-April 2023 release.
“This is a huge and exciting achievement for DeXit Network and the DeXit community,” said DeXit Network founder, Tejen Bhandari. He went on to say, “We are now part of the blockchain arena and we intend to be a top-tier blockchain competitor and practitioner. We encourage developers to immediately contact us regarding hosting their applications on the DeXit Network and start receiving up to 45% discounts on their transaction fees.” When asked about the wisdom of releasing MainNet in the middle of a crypto bear market, Bhandari said, “We are virtually unaffected by the current bear market due to our near-zero debt and lean operational business practices, so releasing MainNet now positions us perfectly when the bear market starts to turn bullish again.”
DeXit Network started operations on the Binance Smart Chain, but they now operate within their own proprietary blockchain, competing with other blockchains such as Binance, Ethereum, Phantom, Polygon and others. Their up to 45% discount on transaction fees for developers’ applications during the project’s lifetime on the MainNet is a significant incentive for development on the MainNet. Interested developers are encouraged to contact DeXit for information on hosting their application on the DeXit MainNet. DeXit (DXT) is available through Hotbit, BitMart, Coinsbit and PancakeSwap.
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SOURCE DeXit Network
