Decentralized network f (x) of project Function (x). FAQ

genagena (27)in #blockchain • 5 years ago

The decentralized network f (x) is a set of algorithms in the form of a distributed register and is an important part of the entire Function (x) ecosystem. F (x) is a unique and individual blockchain that works on its own and does not depend on anyone or anything. Thanks to f (x), the Function (x) project stores and verifies transactions, including communication, financial, service usage information and much more.

In the future, I will try to answer frequently asked questions from my subscribers in the question-answer format.

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Question: The network f (x) is a distributed network with block storage of information, is that so?
Answer: Yes, indeed it is. All that can be transmitted over a distributed network is stored in information blocks - telephone conversations, correspondence, web sites, data packets, application source codes and so on. All information blocks are securely encrypted and only the owner of the private key has the right to manage the information entered by him in the blockchain - change, view, delete. In addition, the owner of the private key can issue rights over the management of information.

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Question: As far as I know, the Function (x) project adheres to the PBFT consensus, is that so?
Answer: Yes, it is. In addition to the Function (x) project, companies such as Space X and Dragon adhere to the PBFT consensus.

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Question: When will the main version of the decentralized network f (x) be launched?
Answer: The developers plan to launch the main network at the end of the third quarter of 2019. However, it should be understood that this is just a forecasted launch period.

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Question: How much will the BOB cost?
Answer: The exact price is not known. The approximate value in US dollars is $ 600. After the start of sales, the exact cost will be known. In order not to miss sales, I recommend subscribing to the official Twitter of Function (x).

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Question: Will Function X launch its own decentralized network?
Answer: Yes, as mentioned above, Function (x) is working on its own decentralized network f (x), a test version of which, by the way, was launched in the second quarter of 2019.

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Question: When will the blockchain sales of the XPhone phone begin?
Answer: The Function (x) project plans to launch preliminary sales very soon - at the end of the third quarter of 2019, and direct deliveries - by the end of this year.

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Question: What are the main advantages of the network f (x) in comparison with competitors?
Answer: A decentralized network f (x) meets all the requirements that are being put forward for blockchain networks; current realities are high bandwidth, stable operation, constant work on improving software for interacting with the network, as well as the open source blockchain code. The open source network f (x) is another story to talk about. This is the desire and vision of the future future of the developers themselves - they believe that by letting their product go for “free swimming” it will be constantly improved due to constant forks and improvements by cryptocurrency enthusiasts. Ultimately, the network f (x) will acquire all the qualities and properties that the users of the decentralized network themselves will endow with it.

Decentralized network f (x) of project Function (x). FAQ

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