The Oracle XY Network uses a range of Concepts to Improve Ecosystem Security

kurniawan05 (42)in #cryptocurrency • 6 years ago (edited)

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Oracle XY Network will be the first platform with a cryptographic loop system using evidence base. The incoming data packet sequence will be done sequentially using evidence base. The private key and the paired pulses can be determined with absolute certainty to decide that the packets are from the same source. The use of proof of origin in ensuring location accuracy is helpful in determining the exact location. The platform will also consider several things to improve the security system to be implemented within the ecosystem. The developer team analyzes what types of crimes are common and attacks the digital platform.

The platform has made preparations in the event of an attack on a fake driver. To cope with the attack, a set of digital signatures will be sent to the XYO smart contract. The signature shipment will go hand in hand with the need to verify the integrity of the Diviner to post an answer. Verification of the Diviners contract will require a signature from a list of intervals that have a high degree of confidence. Without a belief in the delivery of prophecy will be the sole source of failure and risk in the system. Therefore the system will create a procedure that can be used to combat all forms of attack. Crime or subsequent attacks that may occur are Sentinel DDoS Attacks.

Sentinel DDoS Attacks will be a form of attack that needs to be considered. This attack may occur among the Sentinel nodes in a given region. At times, attackers usually try to build from some connections with sentinel. The link will convey accurate information and will forward the information to the bridge. The problem can be avoided with the required cryptographic puzzles and will be solved by involving large numbers of connections to Sentinel. It indeed will not provide coercion against heavy bearings on the XYO relay system. Attackers will be required to deplete resources so that it will support the success of DDoS attacks. The use of the Origin Evidence chain can verify and be stored on the network so that it will help ensure unity along the chain infiltrated. The attack will be immediately detected and will be treated to handle it.

As a startup platform that is committed to providing a high degree of accuracy about location, the Oracle XY Network will provide the best possible service. Likewise the level of security of transactions conducted within the network. The most significant attack will probably happen with the advent of fake drivers and DDoS. However, beyond the attack, there must still be other attacks as well. Therefore, the security system will be well implemented by analyzing any possible attacks. From the analysis results, the platform will create a handling procedure that serves to prevent any security gaps and can block incoming attacks. Security will be a crucial factor for users to stay on the platform. The developer team is well aware of it so it will provide the best for the comfort and security of the ecosystem participants.

The Oracle XY network is an innovation of platforms that provide accuracy from the location. Platform development requires complete information and data along with the concept of the establishment. The Oracle XY network uses blockchain technology that will set up a decentralized system. The adoption of blockchain technology also plays a role in improving security. Besides, the platform has also compiled in detail the concept of platform development including the means of payment used for the exchange. The Oracle XY network will use XYO Token as the currency used when trading. Platform development information is also essential. You can get that information by accessing the web and whitepaper.

Ann Thread: https://bitcointalk.org/index.php?topic=3040825.0
Website: https://www.xyo.network/
White Paper: https://docs.xyo.network/XYO-White-Paper.pdf

The Use Of XYO Token Economy to Smooth Transactions on the Oracle Platform

The Oracle XY network stands with a background to meet the critical infrastructure and power requirements. The network uses a decentralized system for applications. The focus of the application mostly leads to the aggregation of prophecy and connectivity and will be made with dignity. Maximum potential will be achieved by decentralization and not trustworthy in the prophecy system required in the application. XYO Token will be given as exchange in the ecosystem. The function of XYO Token is undoubtedly not only as a medium of exchange but can be used as a medium for providing incentives. XYO Tokens can also manifest desired behavior by providing accurate and reliable heuristic locations. XYO Token will be used as a gas to meet the needs of interaction with the real world that can be used to interact and verify the XY coordinates of an object.

XYO Network Cryptoeconomics will work with the procedure when the XY token holder asks questions about XYO Network done with the query then the request will be sent to the queue. Next, the user will wait for the process to answer. Each user can set their own desired level of security and trust based on the XYO gas price at the beginning of the query creation. The quoted cost determination in an XYO token will be determined based on the amount of data required in each transaction. The amount of data will be calculated when answering necessary in the market dynamics. When the data needed more and more, then the query price will be higher. The query price becomes more expensive when it’s likely that XYO gas prices will also be higher. As time goes by the question being made into the network will be a potential for very large and expensive.

You need to avoid some very detailed and general questions. Use specific items to make the system work properly. If you ask a general matter, then the system will probably give you an overall answer that you don’t necessarily need. When the XYO token user asks a question to the network, the network will search for the requested gas. All the fortune teller found in the ecosystem will do the job by calling the architect. Data will be sent via friendship. Data collection will be done from Sentinel at first. Sentinel is a device or signal that can verify the location of the object. Location verification that can be provided by Sentinel includes Bluetooth tracking, GPS tracker, and geo-location tracking installed on IoT devices.Sentinel can also track satellite tracking technology, RFID scanning, QR code scanners, and other technologies.

The capabilities of the Oracle network are supported by XY Findables who pioneered the launch of the Bluetooth and GPS Bluetooth business. The platform will have the ability to test and process real locations in a heuristic world. The development of consumer business with XY Findables will have the function to provide significant assistance in the design of the Block Network Protocol. When data is supplied to Sentinel as Bluetooth beacons are used to answer queries, all components that have engagement with the transaction will earn a portion of the XYO gas paid by the token holder. Diviner gets a share because it searches for answers, archiver gets part for doing data storage, the bridge that plays a role in data transmission, and sentinel that do the recording to location data. The division will be given in equal proportion. Exceptions will be granted when Diviners' involvement in providing broader answers and any gas components distributed equally.

The prize for independence will also be a concept to be applied. The device that plays a role in collecting tokens will be the block of atoms in the network. Another part will be given to the software as a component in the system. The system will encourage users not to use tokens in long-term issues. Cryptocurrency must be supported with a high usage level so that liquidity can be maintained. Platforms will still help to minimize the use of tokens by triggering a natural urge not to use tokens instead of increasing utility. The XYO Token will provide incentives to miners for specific data provision and don't provide any data; end users will be rewarded with more transactions when network liquidity is at a low level. The balance of the ecosystem is affected by the use of the XYO tokens. The balance will support a smooth and robust ecosystem.

Let’s Join The Community To Provide The XYO Network

The platform will open the token sales for developing the ecosystem. Token sales will be implemented within a certain time frame. In general, tokens are also not sold when the token sale event has been completed. The token sales period will be fully set by the developer team as well as the number of periods. You may need to join a public token sales event. Public token sales will be conducted in stages and starting at 1 ETH for 100,000 XYO. Maxes out will be at 1 ETH for 33,333 XYO. The platform will use Smart Contract concept based on Ethereal and type ERC20. Token will be named XYO. The token type is a utility token with address 0x55296f69f40ea6d20e478533c15a6b08b654e758 . The token publishing will be done based on finite and capped on amount achieved when the token sale is completed.The Rinican regarding volume and price will be announced later. Join the Oracle XY Network Communities to get the latest information from platform development. The public sale dates: 20th March, 2018 - 20th May, 2018.

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