What is ProximaX?
ProximaX is a project working in the blockchain cryptospace. ProximaX is more that a mere ProximaX Sirious blockchain. In fact it is a lot more . If you look at the infographic below you would see that there is a whole range of services that can be built with the ProximaX eco system.
ProximaX is based on the latest version of NEM called NEM Catapult. ProximaX Sirius offers Integrated and Distributed Ledger Technology (IaDLT). This IaDLT is an integrated assembly of proven technologies which is a combination of Blockchain-Storage-Streaming-Database System-Consensus.
ProximaX Sirius Blockchain the functional blockchain working on the POS (Proof of Stake) algorithm.
What makes it different from other POS blockchains is that it use PoG or Proof of Greed to ensure that nodes running do not get too greedy for rewards. A node can charge a fee to validate a block if it gets greedy it can charge more and get more powerful. The PoG keeps a check on this tendency preventing nodes to charge exorbitant rates to validate blocks.
The white paper also mentions the other extreme where the nodes mine at a zero fee. Both these extremes are addressed in order to create a state of equality and utility.
Proximax features
-Sirius Content Review
-Sirius Storage
-Supercontracts
-Sirius Streaming
-Sirius Database
Why use ProximaX
The options offered by ProximaX are almost unlimited, social media platforms can be built up to the recognized ones: FB, Instagram, Amazon, Twitter, among other related ones; but in a decentralized way, without violating the privacy and free protocols of the capitalist or rentier model that pursues lucrative interests to feed the large corporations that dominate the market.
Creation of Transmission Services similar to Netflix, Youtube, HBO, Vimeo, where audiovisual content is promoted or sold; which have a large demographic figure but users do not see the economic benefits from their activity on such platforms, since they are centralized.
-Easy to implement: ProximaX SDKs and APIs are available in a wide variety of programming languages, allowing programmers to develop applications faster and more efficiently.
-Speed: The ProximaX platform makes use of P2P technology which provides evident speed and efficiency of data transfer.
-Security: The platform has a distributed architecture that protects it from any attack to your system.
-Cost Savings: The ProximaX platform combines blockchain technology with other technologies to facilitate the work of users, especially developers, since it allows them to save time when creating applications and because of this reduces the cost of creating different applications.
-Flexibility: Developers can create applications that work both inside and outside ProximaX.
-Total Availability: ProximaX uses integrated and distributed accounting technology (IaDLT) so that the time of activity of companies is available at all times.
-Configurability: The ProximaX platform can be configured according to the needs of users and companies that use it, within the platform can be found both a public environment (without permission) and private (with permission), the environment with permission is more oriented to the business needs of companies.
-Transparency: ProximaX is committed to ensuring the complete security of all data stored in it, all data are encrypted and as an addition have a time stamp.
Internal Tokens:
Service Units: Service units can be obtained through an internal exchange of the platform and the payment method is XPX, can be used for super contracts as well as for basic services offered by ProximaX, think of it as SteemPower, the SP within steem we get through an exchange for STEEM (Steemit native currency) to use the functions and services offered by steemit.
ProximaX Native Token (XPX): This is the token that keeps the blockchain layer of the platform alive and powerful as well as being used to pay for different services and is also used as an incentive to consumers.
Personalized Token: These are the tokens created to give a characteristic currency to the Dapps created by the developers within the platform.
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