Skip to main content

XYO

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
*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,
Telegram Channel: https://t.me/xyonetwork
AUTHOR:DARMALIFANNY
https://bitcointalk.org/index.php?action=profile;u=1092622

Comments

Popular posts from this blog

The Momentum Project is an innovative platform for loyalty programs without limits of terms-Mobile Bridge

Loyalty programs have become the keystone in marketing strategies that support the distribution of products or services.  Despite the increase in production costs, brands are struggling with lower yields, consumers are gradually "accustomed to" similar proposals, reduced by discounts and free coupons. The Momentum Project is an innovative platform for loyalty programs without limits of terms and possible feedback from clients.  Blockchain will store information about points earned and promotional archives that are held, decentralized apps associated with the brand and allow to issue branded tokens with any programmable conditions. Smart-contract and mobile applications enable customers: get tokens for stories or visits to brand-specific addresses;  get referral points from purchases, attract friends and acquaintances;  pay for data collection, posting on social networks, likes, mentions, videos.  Decentralized marketing creativity will be limited...

TIHOSAY allows TIHOSAY token and other cryptocurrencies to be a payment method by creating its own exchange market

TIHOSAY allows TIHOSAY token and other cryptocurrencies to be a payment method by creating its own exchange market and VISA® DEBIT CARD types. We gather all merchants/users under one roof. An exchange opportunity is offered to merchants for their digital assets without any commission by providing free daily exchange rights in TIHOSAY exchange. All TIHOSAY VISA® DEBIT CARD users can convert 9 different supported cyrptocurrencies to local FIAT, withdraw cash, and for shopping. Here is TIHOSAY VISA® DEBIT CARD that allows you to convert multiple crypto assets to local FIAT and offers simultaneous Online/Offline Spending/Withdrawal. You can convert your ETH/BTC/ETC/LTC/XRP/NEO / DASH/XMR/ZEC assets safely, quickly and simply to FIAT with excellent interbank conversion rates. You can easily send your assets as local currencies in other countries DEBIT TIHOSAY VISA CARD You convert some crypto assets into a local FIAT and offer Spend or Online Withdrawal Offline simultaneousl...

The Impressio platform opens up new opportunities for the development of online businesses and high incomes

What is Impressio? Impressio is a team of specialists from various fields of applied engineering, web development, marketing, advertising and finance. What is the essence of the Impressio offer? As part of the ICO development project, Impressio proposes to join investors to obtain short-term profits with high profit rates, accumulations per hour and per day. How is the income calculated? The profit accrues at a fixed daily rate or at the end of a chosen period. For a certain group of investors, it is possible to obtain a profit per hour. ABOUT PRESSURE Distributed ledgers and blockchain protocols bring unprecedented value to the loyalty program of the future: Impressio Estate, Ltd, is a cryptocurrency investment platform based in the United Kingdom for users around the world to invest and make your money grow, whether it is deposited all at once or incrementally. We offer unique investment plans for investors of all types. There are many people who do no...