ProximaX: Empowering Blockchain Developers For the Future

in #proximax5 years ago

ProximaX is a next-generation integrated and Distributed Ledger Technology ("IaDLT") infrastructure platform pioneered via blockchain technology. In a nutshell, ProximaX combines the best of both worlds in the shape of traditional centralised database solution and blockchain technology to reduce the stress quota that users and developers may likely face when adopting this technology.
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blockchain system such as ProximaX succeeding with the right paths taken. Many developers can pose ideas that may further the way KYC is completed, and it may create more effective and valuable ways the general public can adapt and trust DApps. The future is bright for any bold ICO or initiative that has good ideas and wants to pioneer them into the world of on-chain ideas.
So what I'm going to try to do in this article is to clarify what I've learned about ProximaX so far, and show an answer that uses ProximaX for a case of use that can be used in my case. ProximaX is another blockchain where you can produce almost anything, this means that it is designed for an extremely large gathering of individuals, the customer base may also include bloggers, but still includes initiatives. I'm discussing the enormous amount of information recorded on the blockchain. The impossibility of potential results does not mean that ten messages about ProximaX will be sufficient to clarify each of the results that are considered to be very well used. If you have this idea, and you don't have the faintest idea of how to complete it in the typical universe of the web as a result of the absence of potential consequences or lack of simplicity, you can probably produce it with ProximaX.

ProximaX features

-Speed
-Easy-to-Use
-Flexible
-Staggering Cost Savings
-Highly Scalable
-Highly Configurable
-Highly Secure
-Transparent
-100% Availability

Benefits and features of ProximaX Sirius Blockchain

ProximaX can be the platform that makes the difference and make people step forward and give you the opportunity that the blockchain technology deserves, ProximaX is one of the most complete and functional platforms within the ecosystem, people especially new people can do anything they want with it, from simply storing or transferring data in a safe way, record and transmit videos to be the next stars of the internet, create their own websites where you can sell or publish your opinions on different topics anonymously, even if you are an amateur programmer you can create great games and applications, literally you can do everything within ProximaX without using another platform, but if you have already used a different chain you can migrate your application to ProximaX without problems.

-Aggregated Transactions - Combine multiple transactions

-Faster Block creation process (4 times faster than NXT)

-immunity from Zero-fee attack and Large stake attack

-Proof of Stake consensus provides an energy efficient network

-Peer-to-Peer communication

-Choice and liberty to filter, flag, and remove inappropriate or illegal content.

-Contents streamed direct to users without exposing identity and IP, thereby maintaining privacy.

-Supports Multi-signature

-Low transaction fee

-Secured and supports multiple devices.Seamless sharing.

-Optimised data retrieval from an efficient database system.

-Basis of trust embedded into technology solutions.

-Flexibility in design.

-Monetising created content.

-Storing and hosting of data in a decentralised privately-owned or public chain networks.

-Automatically synchronise and organise files.
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Core Service of ProximaX

Storage Unit
The Sirius storage employs the Distributed File Management System (DFMS) to encrypt, shard and store data trustlessly in a peer-to-peer fashion; to drive a decentralised economy, free from the influence of any third-party storage provider and allows client-side encryption for maximum data security.

Storage Streaming
In storage streaming, the data is pre-recorded and then using the streaming unit, it is streamed to the end-user. The acceptors pre-load the streamed data, the replicators replicate the streamed data to the end-users. The streaming happen between nodes in a distributed network and the propagation happens by cryptographically signing the data between the nodes. Both storage unit and streaming unit are required for streaming the data or content.

Blockchain
The Sirius chain is a fork of NEM's catapult. Albeit four times faster than the latter since new blocks are generated every 15 seconds. Beyond that, blockchain ensure the security of data within the ProximaX network.

Live Streaming
live streaming, the data or content is streamed live, that means recording, transmission, distribution, etc. all happen simultaneously and instantly to the end-users. Here the node actors are many and bandwidth plays an important role for the selection of the node actors. The stream sender broadcasts the streamed data and the stream receiver receives the streamed data, but in between stream sender and stream receiver there are other types of node actors which ensures smooth streaming of data between the two end points.

Database
The ProximaX Database stack employs a document-based database (MongoDB) backed by Tendermint as a blockchain enforcement mechanism. This layer features simple transfer transaction contracts, asset management and metadata storage.
With this feature in place, Developers can build secure applications with powerful indexing and querying functionality where data enjoy optimum loading time, presence and integrity.

Supercontracts
A supercontract ideally requires storage unit where it is required to be uploaded and the execution is done on-chain. Both the approval and amendment of a supercontract is done based on the consensus of the pre-defined authority as mentioned in the contract. ProximaX also supports a variety of programming languages Java, C++, Python, C#, Golang, Js and Rust, etc to code a supercontract.

Advantages of ProximaX Mobile Wallet

-Total privacy
-Without Advertising
-Encrypted messages
-You can manage different accounts
-You can view the most recent transactions
-You can view all your account information
-Multiple Signature Transaction Signature

Chain service units

-1 GB storage space/month is quantified as 1 SO unit.
1 SO unit= 0.004 USD
-1GB streamed data is quantified as 1 SM unit.
1 SM unit= 0.02 USD
-1 supercontract instruction code is quantified as 1 SC unit.
1 SC unit= 0.000005 USD
-1 XPX worth paid content is quantified as 1 RW unit.
1 RW unit= 0.005 USD

Roadmap

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#Team
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More Information & Resources


https://www.proximax.io/
https://bit.ly/2koqP5l

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