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XYO Transfers To New L1 Chain, Debuts Proof Of Perfect Model And XL1 Token

Summary by blockzeit.com
XYO is moving to its own L1 chain upon completion of its beta testnet, which started this week. The platform is also adopting a Proof of Perfect consensus and a dual-token design. XYO prides itself on being the first DePIN (Decentralized Physical Infrastructure Networks) project within the blockchain. The platform debuted in 2018, and now, it’s moving to its own Layer-1 chain with a novel Proof of Perfect protocol. Marking its transfer is the XY…
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blockzeit.com broke the news in on Saturday, April 19, 2025.
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