dxchain- the first chain on decentralized big data and machine learning networks

Website: https://www.dxchain.com/

Telegram: https://t.me/DxChainBot?start=uexzyy-uexzyy

Project Name: DxChain Network

Token symbol: DX

Total issuance: 100 billion

Total sales: 22%

Project Hardtop: 21,50W USD

Pre-sale target: 17,50W USD

Token Price: 1 DX = 0.0014 USD

Token type: ERC20

Lock position: TBA

Accepted currency: ETH

Public offering: Late July or early August

Restricted areas: Canada, China, Korea, New Zealand, USA

Currency time: TBA

Time to market: TBA

What's DxChain

The DxChain network is a scalable, public and scalable blockchain designed for big data and machine learning. The initial focus of DxChain design is to solve the dual problem of storage and computing. Under this concept, Dxchain will adopt a three-chain integrated underlying architecture to solve data storage, computing and privacy issues. What is a three-chain? It is a main chain on both sides. The main chain is mainly responsible for transaction-related operations, and collaborative storage chain and calculation chain; side chain includes storage chain and calculation chain, storage chain is responsible for providing big data, storing big data and its privacy; computing chain is responsible for running and calculating, solving big data General-purpose computing problems can ultimately lead to machine learning and BI support.

DxChain's Value

With DxChain's decentralized data exchange platform, users will be able to own and control their own data and securely trade and analyze data. With blockchain technology with multi-node and distributed storage, the cost of data retrieval and storage will also be greatly reduced.

DxChain is based on a chained chain architecture that includes a main chain and two side chains. The structure is designed to address multiple issues related to data calculation, storage and privacy issues; otherwise, this can only be done simultaneously with one chain.

The idea of the structure was inspired by the Lightning Network, which has a second layer of payment agreement on top of the blockchain. It was inspired by Hadoop, a centralized big data platform developed by the Apache Software Foundation (one of the team members worked there).

How DxChain Work

The three chains on the DxChain platform are responsible for storing different information:

Main chain: Stores asset information and events, such as states, transactions, receipts, and contracts. The main chain uses Workload Proof (PoW) to provide the highest level of security and stability.

Data Side Chain (DSC): Stores non-asset information or metadata, which is a set of data that provides additional data information and is used as a storage retrieval method.

Computational Side Chain (CSC): A specific computing task that is stored on the DxChain platform and is responsible for recording matching calculations, such as whether a task can be completed.

The main features of the platform:
Verification game: Allows any computing task to be performed securely while minimizing the number of network node calculations required.

Proof of Data Computing (PDC): Allows the network to verify the accuracy of the calculations. The calculation chain uses it to verify the authenticity of the results and to reduce the ubiquity of false information.

Time-space proof (PoSt) and provable data possession (PDP): a consensus protocol for storage. The data chain uses PoSt and PDP to verify processes and prevent various types of attacks that can cause network crashes.

The data model enables privacy protection: more flexibility in retrieving files on a finer scale.

Team

Allan Zhang: Co-founder, expert in blockchain and cybersecurity. TrustLook founder and serial entrepreneur.

Wei Wang: Co-founder and Chief Scientist, graduated from Columbia University, is the chief scientist of AT&T's blockchain technology research and the chief scientist of big data and artificial intelligence research at the Horton works Institute.

James Li: Co-founder with experience in blockchain system design and architecture, Tripwire Chief Security Architect. More than 10 years of network security experience.

Looking at the resume from the introduction of DxChain project members, the experience of the founder of TrustLook made the project possible. Compared with the project members, the investment institution can be regarded as luxurious. There are a total of 28 investment institutions, node capital, LongLing Investment, Ao Yin Capital, and DFund. If the information provided by the official is correct, then there is basically no problem with the fire money on this item.

Investor

Summary

The community operation and technical team of the project are good, with good project concept and token distribution ratio, and the project has many capital institutions to invest. The project focuses on data storage and computing, as well as migrating Hadoop to a decentralized environment designed to provide the world's largest storage space. However, there is no more development information yet, and we will pay close attention to the upcoming MVP. And recently, QuarkChain announced a deep strategic cooperation with DxChain at the global launch on July 7. The two chains plan to build a bottom-level ecosystem in the future and provide a one-stop solution for developers in the future.