SONICX – AN ADVANCED DECENTRALIZED NETWORK FOR GAMING AND PAYMENTS
SONICX – AN ADVANCED DECENTRALIZED NETWORK FOR GAMING AND PAYMENTS

By odekay | CRYPTO--NAIRA | 1 Aug 2019


The need for a greater dynamic, faster and cozy blockchain platform has lead to innovations of so many projects but the advent of Sonicx is going to mark a difference. Many blockchain platforms are in existence today but how many of them are effective and could function even at par?

Sonicx started as a fork of the TRON blockchain. TRON system, offers a splendid technique to exchange processes effectively and at the same time ensures a decentralized vault structure that does not allow the control of the system by any focal professional or specialist. None the less, the sonicx team went a whole lot similarly and progressed the system with an automatic dPoS-based control framework referred to as Sonicx consensus mechanism or SXCM.
The existing blockchain systems wrestles with the issue of speed at which it prepares massive volumes of exchanges. The challenges faced by existing platform is that the blocks demands checks among most system hubs. Exchanges are synchronized at every hub, hence, hindering the ability of the system to adapt or be adapted to many different functions remarkably. The greater the number of hubs delivered to check for obstructs, the greater sluggish and slower the progress of the system. However, Sonicx is ahead of all of these network hindrances of unnecessary delays by delegating the supernodes, picked by the network to proactively make blocks, leaving exchange check to another hub on the system.
In general, Sonicx is coming as an advance model of the prevailing blockchain system to offer a fast, effective and secure operation with out impediment.
The Sonicx ecosystem combines three (3) main layers in its functionalities, and each layer is a subordinate of each other layers on the main network SONICX. The layers are put to work through software protocols that makes use of API (Application Programming Interfaces), that communicates between layers.

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THE SONICX LAYERS


o APPLICATION LAYER — These are the applications running on top of the SonicX platform. Viz; DApps (Distributed Applications), Wallet and Smart Contracts.

 

o CORE LAYER — This layer synergizes with the consensus protocol on the network and a unique Delegated Proof-of-Stake (dPoS) to meet up the network’s demands. Four (4) types of node functionality is identified in this layer viz; Light Nodes, Masternodes, Supernodes and the Blockchain Explorer. And more also, Sonicx Virtual Machine or SVM is also identified as a component of Core layer.


o NETWORK LAYER – Sonicx system depends on TCP/IP (internet) for its functionalities. Nodes and storage devices holds a copy of the blockchain data and its state in this layer.

TOKENIZATION
SonicX native token is SOX. It will be used as a medium of exchanges and could be converted to other currency with out a loose of value

TOKEN ALLOCATION
The total supply of SOX is 100,000,000,000 SOX coins (Coins stands for asset and tokens refers to the cryptocurrency used in transactions.)

• Airdrop: 1 billion or 1%
• Emergency funding: 4 billion or 4%
• Advertisements: 7 billion or 5%
• Server maintenance & future collaboration of IoT service providers: 8 billion or 8%
• Angel investors: 20 billion or 20% (lock for 1 year through smart contracts)
• Game DApps funding: 10 billion or 10% (incentive to attract Dapps developers, to be decided by Community on Voting system of MasterNodes + SupperNodes)
• Future Development: 45 billion or 45% (the development of payus wallet,E-Gaming, E-commerce, exchange, cryptoLend, and future development of land registry for real estates)

MEET THE TEAM

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QUICK LINKS FOR MORE INFORMATION
WEBSITE OF PROJECT https://sonicx.org/index.html
ANN THREAD : https://bitcointalk.org/index.php?topic=5155835.0
TELEGRAM URL: https://t.me/SonicXCommunity
WHITE PAPER ON ENGLISH https://sonicx.org/whitepaper.html
FACEBOOK PROFILE https://www.facebook.com/SonicXofficial/
TWITTER URL https://twitter.com/SonicX_EN
REDDIT : https://www.reddit.com/user/SonicXOfficial

BOUNTYSUITE USERNAME: mart


odekay
odekay

A cryptocurrency content creator and a fundamental crypto analyst.


CRYPTO--NAIRA
CRYPTO--NAIRA

Understanding the blockchain technology and the cryptocurrency world

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