Parallax is a community-driven, Bitcoin-inspired Proof of Work blockchain with a fixed 21 million supply, a fair launch, and no premine or VC allocation. Designed from block zero with no privileged mining phase, it brings Bitcoin's monetary discipline to an EVM-compatible environment, combining predictable scarcity with the full power of Ethereum's smart contract ecosystem.
Built from a clean-room fork of Go-Ethereum, Parallax re-engineers the consensus, emission, and difficulty layers to follow Bitcoin's long-term security model. The network uses 10 minute blocks, Bitcoin-style halvings, and difficulty adjustments every 2016 blocks, providing stability, resistance to manipulation, and a cumulative Proof of Work fork choice that strengthens chain security over time.
Mining is powered by XHash, a custom Proof of Work algorithm derived from Ethash and optimized for modern GPUs through the open source Hashwarp miner. This design ensures mining remains accessible to regular participants rather than concentrated in specialized hardware, supporting a healthier and more decentralized network.
Parallax is entirely open source, with transparent emission logic, public repositories, and a fully auditable codebase. A dedicated Blockscout explorer provides real-time visibility into the network, while an organically growing ecosystem of miners, node operators, and developers continues to expand the chain and build new applications.
By uniting Bitcoin's economic foundations with Ethereum's programmability, Parallax delivers a stable, deflationary, and genuinely decentralized Proof of Work base layer for the next generation of on-chain applications.
Where is Parallax available for purchase?
You can exchange LAX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Parallax is SafeTrade, notably the LAX/USDT pair, which saw a trading volume of $ 6,730.11 in the past day. Additionally, Nonkyc.io is popular alternative for trading tokens.
What is the highest value Parallax (LAX) has ever reached?
Parallax (LAX) reached its peak price at 0.1605 $ on 11 December 2025, approximately 4 hours ago ago. Presently, the current price is -0.41% lower than this all-time high.
What is the historical minimum price for Parallax (LAX)?
The minimum price reached for Parallax (LAX) was 0.1229 $, documented on 10 December 2025, more than 11 hours ago. In comparison, the current price is 30.04%, it above this historical low.
What is the fully diluted valuation of Parallax (LAX)?
The fully diluted valuation (FDV) of Parallax (LAX) stands at $ 123,886. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 21,000,000 LAX tokens. The realization of this FDV might take several years depending on the emission schedule of LAX tokens.