proof of the share of ownership, in which the probability of assembling a chain block is determined by the number-XYO

The solution to the problem was the use of the Proof of Stake algorithm - proof of the share of ownership, in which the probability of assembling a chain block is determined by the number of coins in the account of the miner. This approach solves the problem of spending resources, but leaves the danger of concentration of resources in the hands of institutional investors. Sole extraction in this case becomes inaccessible or unprofitable. 

Altkoins and the development teams behind them are trying to level out the influence of the share of coins on separate investor accounts. The solution is presented in the form of hybrid mining - combining algorithms or imposing various conditions on the probability of generating a block, for example, taking into account the coefficient of trading activity, or freezing the funds participating in the PoS.

XYO Network (The XY Oracle Network) offers an unusual block, which depends on the "energy of motion", so it can not be concentrated and centralized.

Movement is life

The basis of the blockade XYO Network laid unique, innovative algorithm Proof of Origin (you can also find mentioning its name as Proof of Location), which is not found in other crypto-currencies.

The reliability of this approach is that the location of any person or object with high accuracy is given in four coordinates: three mathematical XYZ and T-time variables. The last variable reliably checks that the measured object is not in two places at the same time, thus protecting the block of blockage from "double counting". XYZ coordinates provide a branched network of the project, which makes it easy to confirm the location of the object with the help of other users.

This algorithm is not associated with the thoughtless use of computing power or gigawatts of electricity, causing environmental harm. From the miners you need to move, and, as you know, movement is life.

From idea to model

The company spent a year developing the theory and two years on the MVP product, creating a network based on: 
● Bluetooth and GPS-sensor 
readings, 
● QR-code reading software, ● Interaction with satellite navigation. 
In prototype mode XYO Network operates more than a million devices, and this number is constantly growing. Crowdsdale of XYO tokens is aimed at the development of the ready-made blockhouse by increasing the number of users and adding nodes, as well as the production of mining equipment, which is a trusted location proof device.

Why is XYO Network the third pillar of digital technology?

Satoshi Nakamoto after the launch of the block of genesis bitcoin created the first pillar of digital technology, giving the world a decentralized network of computers that solved the problem of trust of financial transfers between strangers. 

Vitalik Buterin opened the block for the community, allowing with the help of smart contracts to solve any conditions described with the help of programming languages, becoming the second pillar. 

XYO Network transfers blockade to the terrain, drawing anew the world map using the "unconditional trust" technology, verified by millions of users. Developers XYO-token give unlimited freedom of action in the application of technology for humanitarian operations, a means of reliable rescue, where accurate coordinates and quick help save priceless human lives.

Someone will see the convenience of using location verification in logistics, to someone it will help in the search for missing things or as a means of reliable protection of vehicles. Social networks can embed the functionality of XYO Network for dating, mapping services dynamically make changes. 

The evolution of the XYO Network is boundless and completely dependent on us, but the fact that cryptographic verification is the third pillar after reading White Paper and getting to know the project is beyond question.

How to participate in ICO and get XYO Token?

The primary location of XYO tokens is on the project website. To participate, just go to the link https://app.xyo.network/whitelist and leave the address for the invitation to pre-ICO. The first investors are given a 65% discount, which will decrease every day.

A little about the sale of XYO tokens: 
Start of sales: March 20, 2018 
End of sales: May 20, 2018 
XYO token price: 1 XYO = 0.00001 ETH (or 1 ETH = 100000 XYO) (this is the price at the start of sales, during the tokenail price will increase, and closer to the end of sales for 1 ETH it will be possible to buy only 33333 XYO) The 

tokens are released on the Ethereum blockade in the standard ERC 20, the full name is XYO Network Utility Token. After the end of the crowdsdale, the remainder of the unallocated coins will be destroyed. Developers do not plan additional rounds of sales. 

Buying XYO Token today is the only chance to become at the beginning of the discovery of a new mining and blocking algorithm that connected the virtual and real world.

The economy of tokens, the potential for their value and mining

XYO tokens are used as a payment for a location request for an object that is equipped for this purpose with certain visual and technical means. The user independently determines the reliability and detail of the location confirmation by the number of tokens used for this. 

Miners can use satellites, GPS or even establish a visual contact or start a targeted search if the reward is large enough. In this case, the object is tracked automatically in the blockade as it moves and passes stationary "control points", the location of which is a "secret" to ensure reliability.

Blocker XYO Network, in addition to storing information indicates the geographical location of each node of the miner, defined by special equipment, which is used for feedback when the coordinates of the object are confirmed on request.

As in crypto-currencies, the number of confirmations determines the reliability, the coordinates of the nodes of the miners are cryptographically protected, the task for finding the object is distributed by the Proof of Origin algorithm independently. 

The demand for any digital technology, as the history of development of the detachment showed, is determined by two factors: 
● Reliability; 
● Economic effect, rationalization or cost optimization. 
The developers of XYO Network have used an innovative approach to achieve consensus in the location algorithm.

To avoid "congestion", customers send requests to a special aggregator, distributing them to the nodes of ground and satellite tracking. The answers come in the form of smart contracts, and the consensus of an accurate assessment is decided on the detachment using the data of the constant tracking of the object from the beginning of its movement. This data can not be changed. Also, the developers of XYO Network compress the block chain size using archiving.

First and foremost, the blockade is aimed at logistics, the services market of which exceeds $ 11 trillion in the real economy and ranks second in demand for corporate blockhouses. For example, the Scandinavian countries transferred the fishing industry to tracing in the decentralized VeChain base, and the manufacturers of marijuana in the United States use block technologies that are tailor-made. 

XYO Network is a more specialized technology with an army of independent liners ready to confirm visual contact with the shipment, so at the start of the exchange trades, the XYO Token token will quickly reach a billion-dollar capitalization.

In the opinion of Warren Buffett - the enemy of Bitcoin and speculation in crypto-currencies, interest in the traffic control industry with the help of lock-ups is comparable with the first investments in railways. As it turned out at the meeting of his investment fund, the legendary financier invested in the companies associated with the introduction of logistics lock-ups.

XYO Network Development Plans

At the time of ICO XYO Network, developers, unlike many other start-ups, have an active network and prototypes of devices on which nodes the algorithm of Proof of Origin operates. The ultimate goal of the project is the launch of a satellite low-orbit navigation system consisting of kubbaths by 2020. 

Until then, the blocking and mining for location consensus will use bluetooth and GPS tracking systems in the XY TestNet network, which will be deployed in the summer of 2018. Beta testing will end by the end of 2018, and also the integration of XYO Token, the domestic currency of the full-fledged XY Oracle Network, will begin.

Simultaneously with the network, developers will open the XYO API for smart contracts and release "e-commerce stickers". After that, XY Oracle Network will expand and replace GPS navigation with its own analogue of "blockade on the ground".

You can independently read the project, find out the details and form your own opinion by clicking on the following links:
Project website: https://xyo.network
Basic information (technology description, tokenail etc.): https://docs.xyo.network /XYO-Deck.pdf
white paper: https://docs.xyo.network/XYO-White-Paper.pdf
Twitter: https://twitter.com/XYOracleNetwork
Project road map: https: // www .xyo.network / xyo-tokens18972363
Themes of the project on the Bitcointalk forum: 
- basic https://bitcointalk.org/index.php?topic=3040825
- bounty https://bitcointalk.org/index.php?topic=3053801
Project Chat in the Telegram messenger:https://t.me/xyonetwork
News channel in the Telegram messenger: https://t.me/xyonetworkannouncements