Greetings Friends;
New options and new variations are born every day in the crypto world and unfortunately some go unnoticed for several reasons among them: lack of disclosure, specific niche, lack of volume on exchanges, quiet moment where all projects are not remembered, lack of market perception and among other variations that we could spend hours analyzing to demonstrate that despite being prosperous the cryptocurrency segment should adjust some standards to improve connections and knowledge about all projects. Perhaps one day we will find this possibility of deeper analysis, and why I'm reflecting on this? Simply because there was a project launched in 2019 with primitive AI resource and with other resources that we find today with such normality and maybe this project is not the pioneer but if it had been discovered earlier maybe the advances of these resources would be incredible, after all with the union and sharing of knowledge the advances would be gigantic, right? The project I'm mentioning is the BlockChainCoinX(XCCX) where it was born to transcend the crypto segment and ensure the automated needs that the market needs from a simple sending to the symbiosis between human and network for greater efficiency and value, whether financial or even as a product in use.
Other interesting factors that may differentiate this project from others is freedom, decentralization and a green ecosystem where it shows that despite the complexity (cryptocurrencies) it's possible for everyone to use without the need to be an expert in crypto and over time the ecosystem gives you a vast knowledge through continuous and intuitive use. With its automated POS system it puts it on a green level which means it contributes and favors its use without harming the environment.
Below I will describe the project reflecting about its possibilities and benefits.
What is BlockChainCoinX?
With its own established network(On-chain) BlockChainCoiX(XCCX) is a community project where everyone can enjoy and share information and knowledge so that together they can improve their ecosystem and project it to new heights. It is a free digital currency, maintained and carried by volunteers in its community. Its application focus is on intellectual property where it will provide "non-reversible money for non-reversible services". Such services apply to: writing, music, art, media production, counseling, consulting, and anything involving non-tangible products, and all through a secure and transparent swapping medium for these services in their composition. Imagine an ecosystem applicable to this segment(intellectual property? Interesting, isn't it?
Regarding their blockchain it's purely designed, to cryptographically protect their network(on-chain), be free/distributed, providing a transaction protocol and technological consensus mechanism. Its transaction protocol provides an intelligent, dynamic, and automated system for block validators to create value, with betting incentives. These incentives besides guaranteeing favorable and interesting values for redemption, we have the concept of green design introduced in this distribution consensus. To be clearer and more specific, we live in a moment where the environment is on the schedule daily in several governments and debates around the world, and cryptocurrencies are no different. There is an enormous external pressure on mining and its energetic effect on the continuous use of energy where some places in the world use fossil elements for this type of energy, favoring and heating up even more this debate about the environment. Recently Vitalik Buterin and his team merged Pos Ethereum, separating Ethereum from mining, claiming that this is for the benefit of the environment. Thus, PoS is being seen again with good eyes because besides guaranteeing incentives there is no need to consume energy according to the mining. It is worth mentioning that I'm not criticizing mining but reflecting on the benefits of PoS and why it tends to grow more and more. Adding to the above thoughts, the BlockChainCoiX(XCCX) project is a secure, hybrid blockchain (Scrypt+PoA+PoS) and corresponds to all the energy benefits that favor the environment.
Breaking through the wall with Proof of Activity...
Proof-of-Activity(PoA) is a kind of primitive artificial intelligence and brought into practice is a consensus algorithm that facilitates genuine transactions and consensus among miners, combining proof-of-work(Pow) and proof-of-stake(PoS). This technological combination ensures the security needed to prevent attacks(51%), thus strengthening the blockchain applied. By using Proof-of-Activity(PoA) in the BlockChainCoinX project, the developers understood that it drives incentives in the manual management of unspent outputs, generating a dynamic block allowance, i.e. the "unused amount can be reclaimed" encourages speed, block expansion and rewards for everyone on the network. Thus, in addition to ensuring a decentralized structure and ecosystem, the incentive policy contributes to the efficiency and security of the network, while continuously reducing the size of the chain and the weight of the network, and this is very good because it increases the flow of shares and creates the opportunity for individuals to increase the weight of the stake.
When I use the association "Breaking the Barrier" I'm assimilating the idea that it's something that will break a paradigm towards new horinzons. Soon BlockChainCoinX carries this idea because it provides policy incentives in its network and its purpose of creation which is to ensure the flow of intellectual products in connection with digital payment for artificial intelligence consulting services.
BlockChainCoinX Specifications:
Coin
Name: BlockChainCoinX
Symbol: XCCX
Algo: Hybrid Scrypt PoA(Proof of activity) + Proof of Stake / DyPOS(Dynamic Proof of Stake)
Circulation: >15 Million
Total Supply: 49 million
Exchange
Conclusion
To conclude the project BlockChainCoinX(XCCX) is expanding and looking for new possibilities to show its potential with its technology. Its resources go beyond theory and you should be part of the project to know its ecosystem. It is listed on the Noken android wallet and this shows that the project is not only aligned with the ideas of the past but also shows that the future (mobile) is the way to go. Its incentives policy is a great differential that can attract big investors for its technology and the amount of supply that doesn't exceed 49 million and this is a very low number in the current market.
In my opinion, despite being launched in 2019, the project was born with a futuristic proposal and I believe that it's still in its early stages and that in a few years its use and practice will become crucial in its segment. Its essence is summarized in:
- Dynamics
- Practicality
- Speed
- Free(P2P)
- Open Source,
- Neutral,
- Unlimited,
- Censorship Resistant,
- Public,
- Blockchain Technology.
- Innovative(PoA)
- Connecting Communities
- Direct and Decentralized manual participation
- Green(Benefit for the Environment)
I cannot forget to mention that this article was just introductory and motivational but if you are looking for technical terms I recommend you to access the links at the end of the article and be part of the community to learn more and stay on top of updates.
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