The goal of the XYO Network is to create a trustless, decentralized system of location oracles that is resistant to attack and produces the highest certainty possible when queried for available data. XYO Network accomplish this through a set of abstractions that greatly reduces the risk of location spoofing through a chain of zero-knowledge proofs along the components of the system.The XYO Network is designed to be an abstraction it can interact with any smart contract capable, public blockchain such as Ethereum, Bitcoin + RSK, EOS, NEO, Stellar, Cardano and others.
The XYO Network has four primary components, There are Sentinels (The Data Gatherers), Bridges (The Data Relayers), Archivists (The Data Storers), and Diviners (The Answer Aggregators).
1. SENTINELS
Sentinel components are heuristic witnesses. They observe heuristics and vouch for the certainty and accuracy of the heuristic by producing temporal ledgers. The most important aspect of a Sentinel is that it produces ledgers that Diviners can be certain came from the same source by adding Proof of Origin to them.
2. BRIDGES
Bridges are heuristic transcribers. They securely relay heuristic ledgers from Sentinels to Diviners. The most important aspect of a Bridge is that a Diviner can be sure that the heuristic ledgers that are received from a Bridge has not been altered in any way. The second most important aspect of a Bridge is that they add an additional Proof of Origin.
3. ARCHIVISTS
Archivist components store heuristics in a decentralized form with the goal of having all historical ledgers stored, but without that requirement. Even if some data is lost or becomes temporarily unavailable, the system continues to function, but just with reduced accuracy. Archivists also index ledgers so that they can return a string of ledger data if needed. Archivists store raw data only and get paid only for retrieval of the data. Storage is always free.
4. DIVINERS
A Diviner answers a given question by analyzing historical data that has been stored by the XYO Network. To accomplish this, heuristics stored in the XYO Network must have a high level of Proof of Origin to measure the validity and accuracy of the heuristic by judging the witness based on its Proof of Origin. Given that the XYO Network is a trustless system, Diviners must be incentivized to provide honest analysis of heuristics. Unlike Sentinels and Bridges, Diviners use Proof of Work to add answers to the blockchain.
XYO Network Explanation Video
XY Oracle Token (XYO)
TOTAL XYO SUPPLY - 24,158,373,684
PUBLIC SALE CAP - $48,000,000
Token Sale Details
Symbol : XYO
Coin Price : 1 XYO: = 0.0222 USD (0.00003 ETH)
Support : ERC20
Hard Cap : $15 million
Coin Price : 1 XYO: = 0.0222 USD (0.00003 ETH)
Support : ERC20
Hard Cap : $15 million
*Public Sale from 3.20.18 to 5.20.18
Token Distribution
Token Sale Proceeds
XYO Token Sale will be allocated in the best way to achieve their primary vision, displacing centralized GPS. XYO believe the appropriate mix to make this happen is devoting our resources (which includes our funds, as well as the XYO Network ecosystem’s focus) on the following areas:
XYO Roadmap
XYO Network Team
6.6% of XYO Tokens will be allocated to the team to ensure the growth and success of the XYO Network. The team has vesting provisions and incentives via the company behind the XYO Network (XY). The team is bound with the responsibility of working in the long-term interest of both the shareholders and the token holders.
XYO Network is the blockchain’s first crypto-location oracle network.People will join with this decentralizing location-reliant trade markets.The XYO Network team consists of well-known person & there are links to their social networks. So We don’t have any questions regarding this project.My recommendation is that join with XYO Network Project & success the future.
For more Information about the XYO Network visit Link Below,
Website: https://www.xyo.network/
Whitepaper: https://docs.xyo.network/XYO-White-Paper.pdf
Facebook: https://www.facebook.com/xyonetwork
Twitter : https://twitter.com/XYOracleNetwork
Telegram Channel: https://t.me/xyonetwork
AUTHOR:DARMALIFANNY
https://bitcointalk.org/index.php?action=profile;u=1092622
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