New Big Data High Level blockchain project. DxChain.

in #ico6 years ago (edited)

Big Data? Yes! Blockchain? Yes! Decentralized? Yes!

What's new. Why better. And why different from others projects. Let's find out.

dxlogo.jpg
"If you want to lauch big ship
you have to go where water is deep."

1. DxChain. What is it?

DxChain is an innovative platform for storing, transferring, processing and streaming large amounts of data.
It is possible to integrate the possibilities provided by the technology of artificial intelligence.
The creators of the project set themselves the most difficult task - to provide their computing power for solving complex problems, over which the most intelligent heads of the world are struggling, absolutely every sphere of activity on our planet. And, as time shows, they are moving in the right direction.

The architecture of the DxChain platform consists of three chains, one of which is primary, and the other two are secondary:

*Master Chain. It stores data about user activity. This includes states, performed operations, smart contracts, etc. The main chain uses the proof-of-work consensus proof algorithm, which provides a high level of security.

*The first side chain, or the big data transfer chain (DSC). Used to store large data, both temporary and real. Closely linked to the first circuit by several nodes.

*The second, or the computing side chain (CSC). Used to perform distributed computing. All operations are performed using the computing power of the DxChain platform. Also, the chain is responsible for storing the calculation results, which will subsequently be transferred to the end customer.
Network design.png
The architecture of the DxChain project is designed to work fully with large amounts of data, which can be extremely useful in any field of activity

2. Innovation of the project

To date, not every corporation can work with colossal amounts of information. In addition to the fact that expensive equipment is required for this, it is necessary to maintain a staff of experts in this field, as well as access to much of the consumer information.

For example, the giant Google has a huge array of navigational data about who and how to use their cartographic services. But at the same time, the users of the application do not have access to the data, and also can not use it.

This is exactly what the creators of the DXChain project have done - they gathered the smartest people from different industries and set a common goal - to create a system for storing and transferring large data (or big data) to end users.

3. Architecture

The consensus-proof algorithms of proof-of-space make it possible to significantly improve the energy efficiency of the platform. With their help, it becomes possible to increase the "difficulty" by increasing the time interval during which the user uses the computing power of the system.
Architecture.png
Due to the use of various virtual events (including the innovative chain-on-chain algorithm), the DxChain platform can use the resources provided by artificial intelligence: machine learning, intellectual analysis, etc.

All information about user activity, as already mentioned above, is stored in the main, master-chain.

To conduct computing operations, you must have access to the platform's capabilities. If you have it, then after setting the task, it will be directed to the chain of aces, which will take the data to the first side chain. If necessary, the computer chain will begin recovering data from the information section. At the moment when the procedure is completed, the results will be deleted from all nodes except the data transfer chain (not to use the computing power for nothing), and the result will be sent to the chain of aces.

The DxChain platform has so-called "motivation components" for running system nodes. There are 3 types of excavators: computing workers, spare diggers and miners making squares. Each of them after the performance of their work receives a reward - the domestic currency DX. In addition, Dapps, which are based on DxChain, can use DX markers to mark certain computational tasks.

4. Main Features

Algorithms for proving the performance of work "grant" a reward to all those who participated in the solution of the task.

All complex computational operations are performed as quickly and efficiently as possible, using the minimum possible number of system junctions. This allows you to significantly reduce the execution time.

Probable computational operations (PDC). The consensus proof algorithms check the accuracy of the results obtained, thereby ensuring the highest level of protection against external influences. For this procedure, there is a chain of verification, or authentication.
Proof of space-time and probabilistic information ownership (PDP). The algorithm is used for the safe storage of various protocols. The data chain uses the above algorithms to test each process to quickly prevent cyber attacks. And as you know, any attack on the system is fraught with malfunctions and loss of precious information.

The data storage model is specifically designed for maximum protection of confidential information.

5. Team

Great Team!

  • Allan Zhang. One of the founders of the project. He is the founder of Trustlook Corporation. Expert on cybersecurity. He is also the creator of the mobile version of the application Antivirus Free Mobile Security, which has gained immense popularity in the countries of the Far East.

  • Wei Wang. Another founder of the project. Specialist in machine learning and working with big data.

  • James Li. He is also the founder of the project. An architect of BlockChain with more than 10 years of experience working on his shoulders.

  • Taosheng Shi. Chief BlockChain-engineer. He has 5 years of experience in the Finnish company NOKIA. Expert in distributed computing.

  • Daniel Dai. Works with BlockChain technology. He is a candidate of computer science at the UCF. He has 10 years of experience working with distributed control systems, an expert in network security, an expert on the operation of large information arrays.

  • Li Lu. One of the researchers of BlockChain-technology. Doctor of Science in the direction of distributed computing at the University of Rochester. Has a huge experience with processing and analysis of big data.

  • Maizie Feng. PR-manager of the company. Former top product manager at Xunlei Corporation. He has considerable experience working with the promotion of BlockChain-development and maintenance of the project ecosystem. He leads the social networks DxChain in Telegram.

  • Chaowen Li. Responsible for public relations. Writer with great influence in the Far East. More experience in writing technical reports and PR-promotion. Previously, he was the chief writer with CBN Weekly and the Chinese edition of Bloomberg BusinessWeek. He worked in Silicon Valley on the same profile.

  • Sunny He. It is the "connecting link" between venture investors and co-founders of the DxChain project. Partner Cheung Kong China International Capital. Top-manager for work with CTA clients. He graduated from Columbia University.

  • Claire Yu. Marketing manager. Master of Fine Arts in the direction of advertising at the University of the Academy of Arts. He takes an active part in the creation and management of the DxChain community. Purposeful and very zealous employee.

  • Nicole Fan. Responsible for a digital marketing campaign. Graduated from Minnesota University. He is engaged in research in the direction of marketing. Helps in the creation, organization and dissemination of materials on various media.

The team is not numerous - only 12 people, 4 of whom are girls who develop the project at the same high level as the guys. Each of them is a "genius" in his field.

6. Advisers

Advisors.jpg

  • Yan Gong. Professor of Management and Entrepreneurship in China Europe International Business School. He holds a PhD in strategic management at the University of Wisconsin in Madison.
  • Kevin Hsu. Founded the corporation BlockVC. Prior to that, he held the position of senior engineer at AlphaGO.
  • Leo Wang. He founded the company PreAngel. Helps beginners and prospective startups in promoting their "brainchild" (in the field of blockade and crypto protection).
  • Fan Zhang. Partner of Vancoin. Before that I was a partner of Sequoia Capital China.

7.Partnerships and Investors

Big partnership with QuarkChain. A high-throughput blockchain.

8. Tokenometric

Digital tokens: DX
Standard: ETH ERC-20
Price: 1 DX = 0.0014 $
Amount needed to start the project: $ 21 million
The total number of digital coins is 100 billion DX
Allocated for sale within the framework of - 22% (22 billion DX)
Sales volumes for the first stage: $ 17.5 million

Distribution of digital coins is realy greate:
48% - the project's ecosystem, as well as mining;
22% - preliminary sale in the framework of ICO;
10% - the stock component;
10% - the team;
10% - advertising and marketing campaigns.

9. ICO. How to create register and participate

You need pass the KYC if you want invest DxChain ICO.
REMEMBER! You must end your KYC process before 7/27/2018.
First of all start the DxChainBot and follow simple instruction

Use this DxChain Telegram Bot link: https://t.me/DxChainBot?start=caeqfw-caeqfw

Also check this KYC and whitelist scoring system instructions.
https://steemit.com/blockchain/@dxchainnetwork/kyc-and-whitelist-scoring-system-part-two

Final. Let's sum up the results

DXChain is an interesting and incredibly promising project under the guidance of experienced people with a strong grip. The Dxchain project has all the chances to take a "place under the sun" in its direction, especially given the fact that they have almost no competitors.
Very soon the sale of DX tokens will begin. Experts believe that you can safely invest in this project, then to have access to the computing power of the platform and use them for their own purposes.

ICO Telegram Bot: https://t.me/DxChainBot?start=caeqfw-caeqfw
Official Site: https://www.dxchain.com

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@raddra, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
CSCCasinoCoin0.001$-2.55%34.32%
DAIDai0.994$1.19%-0.53%
ETHEthereum476.919$-0.26%-0.16%
QKCQuarkChain0.079$14.09%-5.67%

the big question - what exchanges can it be traded on?

So many funds! I think the Binance is more likely


Crypto everywhere

Vote+FOLLOW and I Will Vote+FOLLOW U back ;) + for resteem send 0.05 SBD @rabiagilani + topic link in memo

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