Meet ProximaX! A next-generation Integrated and Distributed Ledger.

in #proximax5 years ago (edited)

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0. Introduction

Blockchain technology has grown immensely in all this time since it was known, that's no surprise to anyone. Similarly, many projects have arisen that seek to use this technology to create incredible functions that allow their users (or even other projects) to perform tasks that before could be somewhat complicated to perform due to the ineffectiveness of the tools available so far.

For that reason, in this article I am going to introduce you in a simple and friendly way for any reader to ProximaX, an incredible project that brings with it unique characteristics, can you imagine a protocol that joins the benefits of the centralized databases and the benefits of the decentralized databases? Thanks to ProximaX this is possible! And surely, when you finish reading this article, you will realize the potential of this incredible project.

1. What is ProximaX itself?

ProximaX is a next-generation Integrated and Distributed Ledger that has as its main attraction what is known as Sirius Chain, being this a perfect blockchain if you are a company that seeks to make use of blockchain technology and seek to implement new functions, thanks to the flexibility that gives you the Sirius Chain (also known as ProximaX Sirius) you can build extensions for your company without any problem and even complete applications.

The Sirius Chain is a blockchain that works incredibly fast, scalable and efficient in every way when compared to many conventional blockchains that exist today, this makes the adoption of this blockchain completely ideal for your project if you want to operate in a completely stable and safe way. I'll describe more features below

1.1 How was ProximaX Sirius born?

As information data, the Sirius Chain was born based on the Catapult (Dragon Version) version of the NEM block string. This version of the chain of blocks was chosen because it is the perfect version to be used in the application of business uses of this technology, this is why Sirius Chain becomes the ideal Blockchain if you are a project that seeks to make use of Blockchain technology.


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1.2 What features will you find in Sirius?

ProximaX Sirius has many more features that make it enviable compared to other chains of blocks, previously I mentioned features that are already very important when comparing chains of blocks, but in this section I want to mention those that make Sirius Chain completely different.

  • Speed: As I mentioned earlier, the speed of ProximaX Sirius is completely at another level, being able to process thousands of transactions per second without any problems (and can even process many more).

  • Scalability: Definitely this is a great solution for many problems, many blockchains are not prepared for mass adoption by users and this is why they encounter a serious problem: Scalability. These chains of blocks often get stuck when they encounter a lot of operations to process and the network becomes really slow, which spoils the user experience and can cause a lot of problems for companies. With ProximaX Sirius, this is impossible to happen as Sirius has the ability to process all these transactions regardless of their amount, ensuring you excellent service every time.

  • Profitability: Another point very much in favor of ProximaX Sirius is its profitability with these 2 characteristics, the logical thought is that, to reach this efficiency a lot of resources are needed, right? Well, with ProximaX Sirius it's not completely like that. This chain of blocks fulfills these functions making use of the minimum possible resources thanks to its internal operation, which makes it much more profitable for the project.

  • Adaptability: I already made a small mention of this previously and is the flexibility that ProximaX Sirius has to adapt to the applications you want to give (and that is why it is ideal if you are a company that wants to use blockchain technology), from making simple extensions to make vertical applications in the top layer of the chain. Similarly, ProximaX Sirius is designed so that it can be used in many devices, among these are mobile phones and incredibly also in IoT devices.

There is also something that I find extremely attractive and is the fact of encouraging users to be part of the chain of blocks, yes! ProximaX gives incentives to existing users and also looking for new users to add more security to the chain.

2. Core Services

The blockchain used by ProximaX has pre-defined services that users can use to experiment with the blockchain for the first time. These services are also a fundamental part of the blockchain and if you want to use ProximaX for the first time, I invite you to try these services!

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2.1 Sirius Storage

As they say in their whitepaper, most projects will need to store files, videos or any type of content that needs to be saved for future use, which is why there is Sirius Storage, a private space that operates under a decentralized private network.

Thanks to Sirius Storage you will be able to save, share and even synchronize with other devices the files that you upload to this private space, without fear that your files may be compromised in some way because ProximaX adds the benefits of centralized and decentralized services, makes its efficiency much higher and prices are competitive with others in the market.

2.1.1 Data sharing using ProximaX

If you use ProximaX to save your data with Sirius Storage, well, I can tell you that thanks to this you can share your files with anyone who uses ProximaX without any problem, this is completely safe and fast.

What about anonymity? How will I know what a person is doing with my files? ProximaX thought this too! And that's why you can be aware of what a person is doing with your files at any time, so you don't have to be afraid and you can fully trust that your files won't be misused.

2.2 Sirius Streaming

Something completely incredible, the live data transmission in ProximaX is something completely real and, if you are a content creator, you can enjoy this feature inside this blockchain.

Why Streaming in Sirius? Simple, in Sirius you will be able to share live transmissions without any problem if your intention is to make them completely anonymous, no other blockchain has seen anything like it and this becomes a unique feature of ProximaX, giving it an incredible advantage over the other blockchain.

Although, there are currently 2 ways to do live data transmission using ProximaX, the first is the best known and is simply to do a common live transmission. And there is also the option of making a broadcast using pre-recorded data on Sirius Storage, with the option of making a live broadcast directed to a specific number of viewers.

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2.3 Supercontracts

A current problem with Smart contracts is their immutability, this may sound contradictory because immutability is something that makes Smart contracts completely safe and efficient in their work, but what can be done if there is a bug or some unexpected problem with the contract? Repairing it is very difficult and even saving a Smart contract in a chain of blocks can mean a possible slowdown of the network if this contract fails and generates an unwanted result.

ProximaX solves this thanks to its Supercontracts! These work in such a way that it is not necessary to save these contracts in the chain of blocks, it may sound crazy because we are taking it out of the immutability, but, ProximaX makes use of its own characteristics to store these contracts in the Sirius Storage. **So, first of all, the possibility of slowing down the network is avoided because Supercontracts will not be generated in the blockchain, but in Sirius Storage. Also, thanks to this, if a problem occurs with the contract, you can simply change the contract code upon receiving approval from the authorized pre-established parties.

3. Use cases!

3.1. Are you a streamer? What would it be like if you use ProximaX?

Jean is a streamer who wants to upload broadcasts of his favorite game: League of Legends, he is used to streaming on platforms like YouTube, but he was always concerned about sharing his life through the platform because people could recognize who he was, and that's why Jean decided to look for other platforms where he could stream.

ProximaX was the first word that Jean knew when he tried to find a streaming service that met his needs, that's why when he researched a little more he was able to use Sirius Streaming technology! This allowed Jean to make live broadcasts completely anonymously.

3.2. Making contracts completely viable thanks to ProximaX

Let's suppose Jean. Inc is a company that wants to use blockchain technology to expand its market into new technologies and improve the safety and efficiency of your company. Being a technology that is in full development and many projects are coming out today, getting a project that caught their interest was really difficult, but it was not until a few days later that they met with ProximaX.

What did this project offer them? Well, an opportunity to take your project towards blockchain technology in an incredible way. Thanks to ProximaX they can enjoy performing thousands of operations in seconds and, at the same time, have the opportunity that the developers of the company could perform more applications thanks to the flexibility offered by the chain, which allowed them to operate with the technology blockchain equally and thus meet its main objective.

4. Useful links

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