Build Anything With ProximaX, The New Dawn Of Blockchain.

in #proximax4 years ago

It is obviously clear now that we can not do without the internet because that is where many of our daily activities takes place but despite the fact that the internet has made everything easy for us in terms of meeting our costumers, it also comes with it's downside because many people see it as the avenue to carry out fraud activities. It is easy to hurt in scale, security and privacy. ProximaX has come to provide solution to all these and reshape the image of the blockchain. After taking my time going through their whitepaper, i will now like to introduce to you ProximaX and some of the things you need to know about it.

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What is ProximaX?

ProximaX is a platfrom that make use of NEM Blockchain and Catapult platform in an attempt to provide solution to the problem of scalability, security and privacy using P2P internet protocol and lack of difficulties from integration API
driven architecture which will also allows DApp builders to be able to spread out and take proper decisions. ProximaX is a blockchain that has come to make a kind of revolution to what we have been experiencing as far as blockchain is concern and building utility-rich platform and protocol which everyone can avoid to use.

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Why You Need To Use ProximaX

There are lot of problems been encounter using the earlier blockchain such as speed, storage, transaction, streaming and many more which ProximaX has come to provide solution to. Some of the earlier blockchain are very complicated and difficult to understand due to the fact that some of their tools are not closely united and this has led to less people adopting the use of blockchain. ProximaX has come with so many opportunities that users really need to considered over other blockchain.

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• DFMS P2P File Storage

ProximaX make use of sirius chain to distribute storage file which is done through the Distributed File Management System(DFMS). DFMS will first encrypt the data, that is, it will first change it's form and divide it into smaller units before been stored on the storage nodes in agreement with the sirius chain. P2P decentralised cloud storage network is very important in the sense that files is always available and also allows costumers to access their content even when they are offline to mention little of it's importance.

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• Real-Time Streaming

ProximaX also make use of the PeerStream Protocol(PSP) for real-time streaming and also make sure users privacy is secured. The PSP is a private routing protocol which is different from onion and 12P routing and it also has it's advantages such as allowing content creator to stream their content without an agent acting as a mediator. It also allow the user to a proclaim their status privately without revealing their IP address.

DApps In ProximaX

ProximaX also gives room for decentralized applications such as file hosting which will help user to harmonize and arrange their files over multiple device in a safe environment. ProximaX also allow users to share their files even without any issue of reliance because it enables them to know where their file is being used. With proximaX, developers will now have the capability to design various DApps for content creators and they will also be rewarded by ProximaX consensus protocol whenever their content is being view by other people. ProximaX also comes with a feature called Know Your Costumer(KYC) which will helps to prevent online fraud which seems to be a major problem of decentralize system.

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ProximaX Roadmap

ProximaX started back in 2018 and within that same year has made a lot of progress to show how efficient the ProximaX team are, the first thing they do is bringing up a prototype and marketing and they also came up with a persistent data storage structure and also implementing blockchain communication layer and many more progress to just mention few of it before coming up with their latest development in 2019 which is the consensus and reward. What the team intended doing goes beyond that has they also have a plan to come up with future development like privacy transaction, web hosting and many others.

ProximaX Team

For every good project, some great minds must have actually comes together to make sure it works out and Proximax case is not an exception.

  • Founding Team
    Lon Wong
    Alvin Reyes

  • Core Team
    Daniel Bar
    Joseph Capio
    Prasanth Chaudhury
    Gabriela Kaczka
    Nicholas Watson
    Timothy K. L. Chia

These are the people that has actually come together to make sure the project works out and be a successful project, they really deserve some accolades for it.

Use-cases

With the use of ProximaX, user can build anything such as facebook, steemit and many more. With ProximaX, I imagine myself building a DApp where content creator can actually get reward for their content and can easily use the reward to get any goods of their choice online which will be delivered to their door step because with ProximaX, you don't need to worry about trust with your clients.

For Futher Clearification,

Proximax website
ProximaX whitepaper

With love,
@oxygen02

I hope you find this post interesting and educating, until then, i remain my humble self @Oxygen02. The guy who support life with his writeups. Thanks for reading

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