Let’s Talk Concept!
Competitiveness has always been the major drive of the decentralized ledger technology i.e the need to have a competitive concept advantage over others has always foster technological growth, especially when it comes to building a platform for easy-to-use application and service development. However, because of the very competitive nature, some concept has resulted to offering a combined package; a full integration of scalability, SDKs (software development kits), smart contracts, IoT (internet of things), and agnostic asset exchange possibilities, just to clone the same network effect as previous successful solutions and sometimes offer more (few feature addition) to enable them be considered amongst technological trends, when they really don’t have anything to offer. ProximaX provide developers with a set of tools that will enable them build applications with ease while also utilizing inherent benefits that comes with blockchain technologies. The aim of ProximaX is to avail a fully-fledged platform for universal application development while using blockchain concept as an anchor of value for the builders, funders, consumers and other adopters of their new technological concept.
Very rare finding blockchain projects with full integrated package, most infrastructural solution offers parts. For example, some concept offer great transaction speed alone, some offer great storage and asset security, some are focused on streaming services only etc., however, because of the inconsistency of the various development tool, it becomes difficult for the developers to build and launch applications in such a complicated environment. For illustration purpose; imagine that in the course of assembling Apple laptops in parts, the builder uses memory card of an Iphone, Apple fabricated body and other components, which is then powered with a radio battery. Though that may sound awesome, but it’s a very bad idea because each of the listed components above has a function and purpose for which it’s created. Memory card serves as a storage means on phone but it can’t substitute in function for hard-disk when it comes to laptops, and same goes for radio batteries. Hence, it will be very unwise to go with the above combination. The above illustration is aimed at depicting the incoherence in blockchain developments and components. If developers have access to the needed tools in one place, it will foster continuance of builds and processes, dissuade developers from using components that do not fit, while also help maximize time and cost which will help pull the plug on high entry barriers and enable mass adoption and onboarding of the blockchain.
What is ProximaX?
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ProximaX goes beyond just making a new blockchain. It is an assembly of decentralized technologies that harnesses the power of blockchain technology to provide a fully-fledged tokenization economy. ProximaX is powered by the Sirius Chain which has all tool needed by developers to build and build. It runs on a PoG (Proof of Greed) system to ensure that nodes do not get too powerful by charging exorbitant prices for each block they validate. The PoG provides a natural check to the ecosystem in terms of equality and utility. The Sirius Chain is capable of providing the platform a foundation upon which all core services of the ProximaX project run.
Prospects!
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The ProximaX platform has several potentials that sets it on the edge. Limitation is an important factor that can be identified with most of the existing blockchain solutions or technology. ProximaX is designed to cater for the needs of developers, and their potential urge for expansion. With ProximaX, it’s almost possible for developers to build just about anything. Whether it is to build a replica of Facebook, YouTube, Steemit, Skype, Tracking Software, Amazon, Instagram, Netflix, Google Sheets, Wrike etc. It has all the tools capable of making that happen.
ProximaX is a massive game changing contribution to the technical infrastructure developments of the blockchain sector. With its combination of the PoG and PoS system, it provides the users with a democratic, equitable and scalable system. ProximaX is designed to enable convergence of application platforms i.e. it serves as an ecosystem of infrastructural development where all platforms could jointly thrive. The resourcefulness of the Sirius Chain is one of ProximaX’s strength over other infrastructural solutions. Talking about limitations, ProximaX unlike several others can be expanded indefinitely into various types of projects since it is possible for developers to continue to add tokens within the infrastructure just to represent whatever they want it to stand for.
Benefits of using ProximaX over other blockchain infrastructures.
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Flexibility and ease of usage: Using ProximaX gives the advantage of a cross-chained network i.e. it’s possible for networking to extend beyond the ProximaX Sirius platform. APIs and SDKs are made available in a wide range of programming languages which helps developers better integrate with a wide range of applications.
Speed: Using ProximaX, users have access to the benefit of a faster transaction due to the peer-to-peer technology in place.
Security: ProximaX’s distributed architecture makes the system secure and void of any potential cyber-attack as it would require a simultaneous compromise of nodes containing data to make it vulnerable.
Scalability: ProximaX is capable of handling massive influx of users, transactions and workloads. Users can also benefit from a faster and secure storage and data streaming regardless of the volumes and file size.
Transparency: ProximaX’s insurance at achieving a transparent network lies in the encryption of stored data and a default time-stamping without which audit trail is inexistence.
Cost effective: The fully integrated development tools makes it easier for developers to conduct their businesses. What ProximaX is offering its users is a chance at simplicity and cost effectiveness.
Benefit of having all the tools required to develop any type of project in one place.
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Having all tools required to develop any kind of project in one place will help to ensure project goals are met. It helps to ensure coherence, which will help achieve a fully functional design fit for purpose. It will also help developers utilize time and cost which are very paramount to the success of a project. It also help developers maintain focus i.e. there will be no cause for drifting around on the basis of finding or procuring the needed tools for their project. It also aim at ensuring consistency of development tools which will enable them build needed applications to provide needed services to a small or a much larger populace. If developers have access to the needed tools in one place, it will foster continuance of builds and processes.
Core Infrastructural Services
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The ProximaX Sirius core infrastructure platform will be leveraging the strength of an amended and augmented blockchain with full integration of a peer-to-peer mechanism, distributed off-chain storage, database, and streaming layers which are overlaid with APIs or SDKs readily available in a wide range of programming languages (e.g. TSJS, Java, CSharp, CPP, PHP, Python etc.) for the developers to develop and deploy their application on-time and with ease. The following are core services offered by the ProximaX core infrastructure architecture;
Sirius Storage Capability
Sirius makes use of the Distributed File Management System (DFMS) which serves as the file storage mechanism on the platform.
Sirius Streaming
The Sirius Peer Stream Protocol (PSP) allows for high security, performance, end-to-end encrypted messaging and streaming services. The PSP is designed to be privacy inclined routing protocol of which users messaging are well encrypted, and they can also stream videos anonymously without having to give out details of who they are. PSP help keep balance by eliminating risk of maintaining exit nodes and out-proxies. There are two layers to which streaming services can be delivered;
- Storage streaming: The first has to do with recording videos which will be uploaded to the Sirius storage, and then streamed to viewers i.e. the streaming content is provided right from the storage. Hence, it allows for pre-recorded streaming.
- Live streaming: This does not need videos to be recorded before they are uploaded to be streamed on the network. It has the necessary tools needed for users to make live streams on the platform. It however enhances full anonymous interaction between users.
Database
The Sirius Database is a private based, services are unavailable to the public protocol. However, Applications requiring a database can use the Sirius Database to build hybrid architectures that can grant access to the core services of the public infrastructure.
Supercontracts
Contracts that execute via a distributed manner with pre-agreed consensus mechanism. All data are encrypted and split into smaller units which is then stored across the available storage nodes while utilizing the consensus mechanism already in place.
Available Application Packages
ProximaX Suite: The suite is an end-to-end encrypted office suite which hosts applications such as Spreadsheet, PowerPoint, Word processing etc., on the blockchain as an incentive to achieving superior availability, privacy and security.
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ProximaX KYC: It enables fast and simple end-to-end onboarding of users on the platform. The ProximaX Sirius infrastructure provides the users with a reliable storage mechanism, and proper management of sensitive KYC data. It is aimed at achieving maximum data security, privacy and a permission based access.
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ProximaX File It: This is a client-based file sharing application which can be used to share files across multiple nodes.
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ProximaX Forensics: This design aim at achieving a maximum security over data in custody. ProximaX forensics allows for a greater security by availing digital evidences quickly and with ease to investigators and scientists.
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ProximaX Identity: It provides the users with a highly secure verification system which can be used as a unified source of personal information and data across private and the public sectors.
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ProximaX Notes: It provides the users with a means to take notes across platforms.
Potential Use-Case
Charles Dickson is a successful crypto trader and small-scale programmer with lot of digital assets in holding. What he does most of the time is to hold certain cryptocurrencies until they experience a price pump. Although successful, he has lost some potential profits as a result of lack of necessary information that would have guided him in making the best decision on the choice of crypto assets to sell or not sell. He noticed that existing exchanges doesn’t offer such luxury. He was so determined and as the opportunist he is, he knew he could be the first to make that happen so he kept on researching. However, the result of his findings was a bother until he came across ProximaX in a very recent @originalworks contest. There, he discovered he doesn’t need to be tech genius to make his idea a reality, he could in one place assemble and build an exchange platform to that effect. Utilizing the ProximaX development tools, he was able to create a platform called “Distro” with all due changes incorporated.
All thanks to ProximaX, Distro seems to be a reliable solution, as it doesn’t only offer the benefit of information about crypto price pumps but it also help him to stay anonymous during the course of transaction. Charles knew whenever he needs to get things done, ProximaX has what it takes to be creatively constructive.
This is my youtube video submission;
ProximaX Additional Resources
ProximaX Website
ProximaX WhitePaper
ProximaX Use-Cases
ProximaX KYC
ProximaX Suite
ProximaX at a Glance
ProximaX Telegram
ProximaX Medium
ProximaX LinkedIn
ProximaX Facebook
ProximaX GitHub
ProximaX Twitter
ProximaX Instagram
ProximaX Reddit
ProximaX YouTube
This is my submission for the @cateredcontents and @originalworks contest