GXChain (GXC)

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GXChain (GXC) is a data-focused blockchain based platform that is building a “trusted data internet of value.” Launched in 2016 by MQ Huang and Cheng Wang, the team has described the project as one that will provide an industrial level permissionless blockchain supported by millions of real, ID verified users.

As a project that wishes to serve the global data economy, GXChain is taking several steps to ensure that the network is secure. GXChain uses the Graphene blockchain architecture and a Delegated Proof-of-Stake (DPoS) consensus algorithm in its network of trusted data modules. The functions associated with this data include storage, computation and exchange.

There are 3 major features that stand out in the GXChain ecosystem: “Blockcity”, a P2P marketplace and a data matrix. 

Blockcity is a large scale mobile app which is akin to a DApp platform. The team has said that it is incentivizing users to use the app through mining rewards. For the moment, it is focusing on commercializing the DApp space. In the future, it aims to help users better control and monetize their data. 

The P2P data marketplace is a marketplace where companies can purchase data, more securely and cheaply. The data matrix is focused on customers, giving them the power to acquire data easily, and do such things as analyze user images, improve risk control skills and support Software-as-a-Service.

Development progress in the first two quarters of 2019 has been focused on Trusted Execution Environments (TEE) for data security and privacy; Oracle machine development, for the expansion of the GXChain Virtual Machine; and GXChain 2.0 development, which is expected soon. 

📢 REI Network From #GXChain 👉 Lightweight, EVM compatible, higher performance, and no fee blockchain framework.

11 Dec 2021 1 minute read 0 comments FreedomBuilder

  🏦 GXC is already listed in the Coinmarketcap on Binance Exchange.https://coinmarketcap.com/currencies/gxchain/markets/ 🎁 Total Reward: 10,000 $GXC for 1000 Random Participants + TOP 100 ✈️ Visit The Airdrop Form & Complete social tasks.https://t.me...

GXChain (GXS) formed bullish Cypher for upto 88% move

28 Apr 2021 1 minute read 0 comments moon333

Hi dear friends, hope you are well and welcome to the new update on GXChain ( GXC ) ( GXS ) coin.On the 2-day time frame chart, the price action has formed the final leg of the bullish Cypher pattern. There is also 50 simple moving average support in...

Huobi Pool added NULS & GXChain (GXC) distribution to HPT holders

11 Jul 2020 1 minute read 0 comments Jakonfire

Huobi Pool added NULS & GXChain (GXC) distribution to HPT holders Houbi now distribute 20 different Cryptos to the HPT hodlers. Sorry if i repeat it again and againt but I can hardly believe how quickly it gets more and more. Since today you also get...

AMA Recap - GXChain x Game of Bitcoins

21 Mar 2020 17 minute read 0 comments Game of Bitcoins

Thanks a lot for actively participating in the GXChain AMA held on 21st March 2020 at the Game of Bitcoins Channel. We really appreciate all your support. This post is a recap of the entire session held with GXChain We have with us Dani Bain ( The O...

What is GXChain (GXC)? [A Comprehensive Guide to Understanding GXChain]

5 Dec 2019 6 minute read 5 comments Mr.CryptoWiki

Hi everyone, today I'm going to be talking about GXChain, which is building use cases for the data economy. I've written about other projects as well, like Zcoin (XZC), Synthetix Network Token (SNX) and Status (SNT). Within the past decade, the inter...