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What is SX Network?

SX is on a clear mission to slash betting costs dramatically by 90%, reducing them from 4.8% down to a mere 0.5%. This transformation represents an extraordinary tenfold improvement over typical industry odds. In simpler terms, with a $100 wager on an even chance, bettors could earn a profit of $99, resulting in a 10% boost in payouts. Unlike traditional sportsbooks that restrict users to the bets predetermined by the company, SX Network functions as a peer-to-peer betting exchange, allowing all users the autonomy to place and accept bets. This groundbreaking model encourages more competitive odds and prevents site owners from exploiting users for financial gain. Operating on a unique EVM-compatible blockchain, SX Bet is the first fully integrated betting application chain ever developed. Essentially, SX reimagines sports betting as a financial market where individuals can secure wins instead of just a casino-like atmosphere that emphasizes losses. Moreover, each time a user wins a bet, they not only collect their winnings but also earn SX tokens, which further motivates engagement in the platform. This dual reward system not only enhances the betting experience but also creates a vibrant community of participants eager to maximize their potential gains.

What is Lightning Network?

The Lightning Network for Bitcoin facilitates instantaneous payments, offering quick blockchain transactions that circumvent the typical wait associated with block confirmations. It boosts security through smart contracts on the blockchain, negating the requirement for distinct on-chain transactions for every payment. Users can enjoy transaction times that vary from milliseconds to just seconds. This innovative network features impressive scalability, able to manage millions or even billions of transactions every second, significantly eclipsing the capacity of conventional payment systems. Moreover, it allows payments to be tied to specific actions or clicks without relying on intermediaries. Another advantage is its cost-effectiveness, as off-chain transaction settlements lead to significantly reduced fees, enabling groundbreaking applications such as real-time micropayments. The Lightning Network also facilitates cross-chain atomic swaps that can be executed instantly and off-chain, given that the involved blockchains share the same cryptographic hash function. This capability for interoperability among various blockchain systems introduces exciting opportunities for smoother financial exchanges. With its dynamic features, the Lightning Network is set to revolutionize the way transactions are conducted in the digital realm.

Media

Media

Integrations Supported

1ML
Alchemy Pay
Bitcoin
Breez
Bridge Wallet
Build on Bitcoin (BOB)
Ethereum
Fountain
Galoy
LNPay
Mash
Nayuta Core
Phoenix Wallet
Primal
RoboSats
Snort
Xverse
ZapRead
lntxbot

Integrations Supported

1ML
Alchemy Pay
Bitcoin
Breez
Bridge Wallet
Build on Bitcoin (BOB)
Ethereum
Fountain
Galoy
LNPay
Mash
Nayuta Core
Phoenix Wallet
Primal
RoboSats
Snort
Xverse
ZapRead
lntxbot

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SX Network

Company Website

www.sx.technology/

Company Facts

Organization Name

Lightning Network

Date Founded

2015

Company Website

lightning.network/

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