ProximaX; advancing blockchain technology to a better level.

in #writing4 years ago (edited)

INTRODUCTION
It is no more news that every online transaction is carried out on blockchain, however, the rapid increase in the amount of internet users and applications built on blockchain become the setback on the output of the intellectual hard work of people who invest their energy to produce life changing website or application, which consequently cause website owners and application developers to invest much time rectifying the barriers preventing their project from working efficiently. But the solution they provide only give short term solution in most occasions. And that is why platforms like ProximaX is created to provide long-lasting solution to every problem faced by blockchain users.
blockchain
Image source

WHAT IS PROXIMAX?
proximax3
Image source

proximax is a novel platform created with no motive than to serve blockchain users optimally with her outstanding tools; to guarantee blockchain users ample opportunity to achieve their goal with lesser stress compared to what other blockchain users can offer. Unlike other platforms which deals singly with building new blockchain, proximax builds new blockchain, and she also invests her effort to make a fully-fledged platform for worldwide application development; with blockchain as a value anchor among the builders, founders, and consumers of its new technological model.
BENEFITS OF USING PROXIMAX OVER OTHER BLOCKCHAIN INFRASTRUCTURES.

  • Lower cost: considering the awesome outcome of the combination of blockchin with other proof of chain distributed technologies, which help App developers to easily create apps and system solutions without spending a penny on how to know the in-depth of blockchain. However, this did not only reduce production cost, but it also saves development time and reduces the total cost of ownership.
  • _Higher Scalability capability:_unlike other blockchain infrastructures which only provide short-time solution to scalability problem as a result of increase in blockchain users.ProximaX scalability system is able to handle large increase in users, workload and transactions. Through her high transaction speed on blockchain, (which is achievable with her peer-to-peer technology) with security, transparency, irreversibility, immutability and traceable features, ProximaX provides long-lasting solution to scaling problem.
  • Fantastic security system: with proximax’’s distributed architecture, cyber-attacks will never overcome her security system because a cyber-attack can only overcome ProximaX’s security system if it can gain access to every node that contain a piece of data, which cannot be achieved by any attacker irrespective of how hard or well it has prepared for the attack.
  • 100% availability: unlike other blockchain infrastructures which only stay active within a specific range of time, ProximaX is a platform which makes use of integrated and distributed ledger technology (IaDLT) to stay awake at every single second embedded in each day.
  • Easy integration: unlike other blockchain infrastructures which demands their users to study and understand the platform before they can maneuver their way to obtain their desired outcome, ProximaX is built in a broad range of programming languages in order to ensure that her users finds it easy to integrate with wide range of applications.
  • Flexibility: With ProximaX’s ability to cross-chain within ProximaX ecosystem and also cross-chain with other platforms like bitcoin network, ProximaX users enjoys flexibility better than what every other blockchain infrastructures can offer. *with the availability of the above features in a single platform (ProximaX), what is it that any project that needed to be built on blockchain need that is not in ProximaX? Absolutely nothing.

proximax benefit
Image source

BENEFITS OF HAVING ALL THE TOOLS REQUIRED TO DEVELOP ANY TYPE OF PROJECT IN ONE PLACE.

  • It saves time.
  • It saves energy.
  • It reduces cost of production.
  • The efficiency of the developed project will be better than that of the one achieve by combining feature from two or more places.
  • It guaranties security better than the project achieved from combining features from different blockchain infrastructures

CORE SERVICES RENDERED BY PROXIMAX

Streaming

video streaming
Image source

with the use of peer-stream protocol (PSP), ProximaX, did not only offer cool streaming service, but she also possesses the ability to offer high security, real time messaging and high performance. Moreover, Through the opportunity to utilize fully anonymous end-to-end encrypted messaging and anonymous video streaming embedded in ProximaX; users can build on any of these features in their project without any ado.ProximaX’s streaming layer is mainly of two forms: live streaming (for fully anonymous interaction between users) and storage streaming (to provide streaming content from storage for pre-recoded streaming). Therefore, ProximaX can be used to create video streaming websites like Dtube and youtube.

  • Consensus

consensus
Image source

With the use of multi-layered consensus protocols, Voting, governance, and harvesting is made possible to reward networks nodes for contributing storage and bandwidth resources on the network. Moreover, ProximaX rewards nodes, application developers, and content creators on her ecosystem with XPX token; based on how efficient they are and their business models. Hence, ProximaX is a platform you can build an application used for voting or gathering data about the opinion of many people about any matter that demands the opinion of other people.

  • Storage

storage
Image source

Through the use of Distributed File Management System (“DFMS”) protocol, ProximaX can integrate directly with the blockchain layer, and her peer-to-peer distributed architecture makes her free from the influence of any third-party storage provider and allows client-side encryption for maximum data safety. Therefore, ProximaX can be used for websites which require huge data storage like Google.

  • Database System

database
Image source
Due to the fact that ProximaX data base uses technology stack that uses a document based database (MongoDB) backed by Tendermint technology as its blockchain enforcement mechanism. ProximaX can offer simple transfer transaction contracts, asset management and decentralized metadata storage. Therefore, ProximaX is a palatable platform to build application like imToken, and website like steemit.

  • Blockchain

blockchain
Image source

With the use of advance blockchain technology, ProximaX powers her entire ecosystem and provides the source of data that interconnects with the other layers in either public or private environment. With lot of hard work, ProximaX is able to offer private blockchain solution to verifiable users and entities to participate in the network. Hence, ProximaX brings public chain capabilities into enterprise. Hence, ProximaX is a better place to build online games like goaltycoon.

  • Content review: based on consensus; content managers can easily create review processes throughout the protocol. Therefore, ProximaX is a place you can create content review website like paperrater.com.

TOKENOMICS AND TOKEN ECOSYSTEM.
In order to reward ProximaX users, ProximaX has based her tokenomics on the following standards:

  • Adaptation ability to different vectors of attack upon the system.
  • Growing infrastructure to integrate plug-ins for added core services.
  • Synergy and self-organization of system element.
    Hence, to every user or node that is able to attain the listed standards, they will be rewarded with tokens that can be used within ProximaX ecosystem (internal) and outside ProximaX ecosystem (external).

LAYERS OF PROXIMAX TOKEN ECOSYSTEM

  • 1. Internal token ecosystem: this layer of ProximaX token ecosystem consist of the following three units:

  • The Native Token (XPX); an important unit that powers blockchain and pays for services. This token is a cryptocurrency used to pay for any service unit via automated inner exchange, while these service units allows: the consumer to pay for services, the reward of nods for running services and measure of the capacity of nodes for executing services. These service units and their cost is as follow:
    Storage unit (SO): 1GB per month = USD 0.004
    Streaming units (SM): 1GB stream between users = USD 0.02
    Supercontract units (SC): 1 supercontract code executed =USD 0.000005
    Review units (RW): 1 unit = 1 XPX = USD 0.005

  • Service Units; is an essential unit used to measure the services performed over the protocol.

  • Custom Tokens; a unit whose purpose is to create avenue for ProximaX users to build decentralized applications (DApp) markets throughout the network.

  • 2. External Token System: this layer of ProximaX’s token ecosystem is used for end-user payments. Hence any payment method (crypto or fiat) can be built into any application powered by ProximaX

PROXIMAX USED CASE.
Simon is a friend who has always wanted to create a video streaming website like youtube. However, irrespective of his desire, enthusiasm, and hard-work, his video streaming website is not able to meet up with what websites like youtube can offer. Though he may not be able to achieve what youtube can offer because he did not possess adequate skills to run the website, or the blockchain platform he built his website is lagging behind, but what Simon kept complaining of is the fact that the rapid increase in his uses make video streaming as slow as a snail on his website. After a lot of ups and downs, he came across ProximaX and he decided to give their service a trial. He joined ProximaX’s ecosystem with no motive than to create solution to the slow streaming speed usually encountered by his website users. However, with the use of peer-stream protocol (PSP), Distributed File Management ??’System (“DFMS”) protocol and other tools embedded in ProximaX’s ecosystem, Simon’s website’s streaming ability was upgraded and all the problems encountered by his users was solved with little amount of energy, time and money.

Here is a YouTube video about Proximax, grab a sit and relax as you watch the features embedded in proximax.

Sort:  

You seem to be using older version of eSteem!
Please update to newest version to get most out of eSteem, Install Android, iOS mobile app. For desktop Windows, Mac, Linux Surfer app!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq

Thanks for reminding me; I now have the latest esteemapp version. But I am unable to use it even though my time and date is correct image

You are using v2.2.2, right? We will double check if you could give some information about your device and if you set Date and Time into Automatically?

Yes,
However, it keep failing whenever I want to claim my reward too.

Posted using Partiko Android

Interesting, we will check. It is working on our Android and iOS device tests though. 🤔

Thanks for reminding me; I now have the latest esteem app version. But I am unable to use it even though my time and date is correct image

Hello! I find your post valuable for the wafrica community! Thanks for the great post! We encourage and support quality contents and projects from the West African region.
Do you have a suggestion, concern or want to appear as a guest author on WAfrica, join our discord server and discuss with a member of our curation team.
Don't forget to join us every Sunday by 20:30GMT for our Sunday WAFRO party on our discord channel. Thank you.

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.036
BTC 65930.92
ETH 3387.67
USDT 1.00
SBD 4.75