Parallax ($LAX) has been listed on SafeTrade!

SafeTrade is pleased to list another highly anticipated project that has the potential to bring innovation to the industry.

Parallax is a new Layer 1 blockchain that merges Bitcoin’s sound monetary design with Ethereum’s smart contract capabilities. Its mainnet launched on October 28, 2025, with no premine and a strict 21 million coin cap. Built on a Proof-of-Work consensus called XHash, a modified, GPU-friendly version of Ethash, Parallax delivers predictable issuance, 10-minute block times, and full EVM compatibility for decentralized applications.

What Makes It Different?
Parallax seeks to bridge the long-standing divide between monetary discipline and on-chain programmability. While Bitcoin provides scarcity and security, and Ethereum provides flexibility, Parallax combines both in a single protocol. Its XHash algorithm promotes decentralization by resisting ASIC dominance, while the network’s monetary policy ensures a transparent and immutable supply schedule.

Developed in Go and fully open-source, Parallax provides:

• A lightweight, EVM-compatible node implementation

• Full mining and RPC interfaces for GPU miners and developers

• Comprehensive documentation and open governance principles

Parallax aims to offer a neutral, censorship-resistant foundation for programmable money—anchored in Proof-of-Work and built for long-term decentralization.

Learn more about Parallax here.

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