Optimised Blockchain Option For Fast, Scalable and Enterprise Applications

in cryptocurrency •  5 years ago 

What is ProximaX?

It is a futuristic platform that innovates since what it offers goes beyond what is obtained from other platforms today, thisIt is a solution that only contains contents, databases, messaging, transmission and data storage, it is more than blockchain technology.
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Proximax is a decentralized platform that offers us a solution in all aspects that includes a blockchain component as a subset in the platform.
This platform has no limits when executing deliveries or storing content.

Its vision is to be relevant through the integration of distributed technologies, such as databases and file management systems, thus providing a practical holistic platform that is suitable for applications and industries in general.

ProximaX features-

(1)Account-
An account is needed by any application & it consumes any of the service they render.

(2) Metadata-
Accounts, Namespaces, Mosacis are immutably recorded on Sirius chain. That cannot be modified. So in order to have additional flexibility to the business purpose the metadata can be added as an attachment. The metadata can be modified or deleted.

(3) Multilevel Multi-signature-
It is a very useful feature of Sirius chain from a business perspective. The multiple parties at multiple level of a business can reach an agreement and co-sign from their respective accounts using this multi-signature function.

(4) Cross-chain transactions-
It is essential for the business applications developed on the top of ProximaX Sirius to interact with the main chain. From business point of view, it is most important because from time to time it may require interacting with the main chain tokenomics, therefore the interoperability is needed between the applications and the main chain for swapping of assets. Sirius chain supports atomic swap of assets between the main chain and the side chain. This feature will also ensure a healthy business ecosystem.

(5) Aggregated transactions-
Multiple transactions can be batched together & executed by generating a one-time disposable contract. This is known as aggregated transactions in Sirius chain and it saves a lot of time.

(6) Namespace-
The domain representation of an application can be created through namespace.

(7) Mosaics-
Any type of service that is rendered by an application must be quantifiable, so that the digital representation of the business services can be done. In order to facilitate this objective mosaics can be created as contracts on Sirius chain. It can represent anything the application wants to. Say for example, a share, a v

Proximax Technologies

The Sirius Storage
Proximax provides a trustless form of storage known as a Distributed File Management System (DFMS). This storage system utilizes encrypted data sharding in safeguarding data. This means that the Sirius storage encrypts data (structured and unstructured binary data), splits it (this is what is known as sharding) and distributes it to peer-to-peer storage devices hosted by different decentralized owners on the network. These persons are not manually hand-picked but are pre-selected by the network's consensus algorithm previously mentioned.

The Sirius Storage is more than simply a storage platform. It is also a repository for supercontracts and the nodes which make up the Sirius Storage also act as executor nodes, as they not only store these blocks of codes but are also equipped with a virtual machine to execute these codes. This set up is no doubt poised to facilitate the code execution and have a collative effect on the network of faster transactions.

Unlike most other available decentralized storage systems, Sirius storage can handle all types of binary data including graphics, video or the popular text content.

Proximax RoadMap

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Proximax Advisors

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Proximax Leaders.

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partners

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More information & resources

proximax.io/

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