Vtail.com Partners with Immutable X — The First Layer 2 for NFTS on Ethereum
We are excited to announce that Vtail.com has joined forces with Immutable X for: zero gas fees, instant trade confirmation and scalability.
Immutable X
Immutable X gives users the best trading experience, with zero gas fees, instant trades and high liquidity via a shared global order book. The Immutable X protocol supports an extremely high transaction throughput (9,000+ TPS), without requiring users to compromise the custody of their assets.
Ethereum is (by far) the largest smart contract blockchain in the world. It has built up enormous network effects and is the platform of choice for users and developers alike: we’ve seen the value of this with the rise of DeFi this year. It has enormous ecosystem support: exchanges, wallets, fiat providers — even regulators are very familiar with Ethereum and how to interface with it. Building all this infrastructure from scratch (while Ethereum continues to improve) will be very challenging.
Further, we believe that Ethereum best represents the philosophy of trustless, decentralized asset ownership. It has consistently prioritized decentralization and network health over short-term scalability upgrades. Ethereum is largely community developed, and multiple healthy clients are available — all of this means that your assets are safer. There’s no point owning blockchain assets if they can be lost or seized at any point.
Immutable X lets Vtail stay on Ethereum while massively boosting their scalability and liquidity, and we’re enormously excited to tell the world about it.
“NFTs will have an unprecedented impact on digital economies, and Immutable is paving the road to that future”
Uri Kolodny, CEO & Co-Founder
“The Ethereum ecosystem is likely to be all-in on rollups as a scaling strategy for the near and mid-term future,”
Vitalik Buterin, co-founder of Ethereum.
