MXC – THE NEW FACE OF DECENTRALIZED DATA SHARING AND MARKETING
WHAT IS MXC?
MXC can be said to be a safe haven when data needs can be adequately satisfied. It bears upon a decentralized foundation that gives it its unique feature and abilities to provide optimum service to users.
THE MXC’S UTILIZATION OF THE POLKADOT PROTOCOL
There are a host of protocols that can be employed on network platforms. In particular, the Polkadot protocol is a type of network protocol that enables connectivity and ample connection to exist between two respective networks. The MXC platform has chosen to employ this protocol so as to be able to provide solution to the consensus problem that originally used to exist when transactions are to be carried out between two individual chain networks. Now, transactions can now be effectively delivered, even when it is taking place between two different chains entirely.
DESIGN TARGETS OF THE MXC PLATFORM
The MXC blockchain is designed with a number of goals and targets bearing in mind. The dream is not to make the data available for just end – to – end access by users. The bigger dream is to be able to design an interface which can also be accessible by other neighbouring blockchains such as the Bitcoin and its other counterparts. The deal is that these blockchain platforms are unable to communicate directly with the data networks and thus have to go through third party applications which help them source for this data. With this new design goal. It would now be possible for all such platforms to use the MXC platform in acquiring their data. Also, with this design, users can now pile up data which they choose to pay for later. And yes, data acquired from a live stream can now be made available for purchase. For the several applications that are not situated on the blockchain, they are not left out of the party, as special Application Program Interfaces are designed specifically for them.
FEATURES OF THE PLATFORM
The MXC platform boasts of four crucial pillars that makes it unique. One is its decentralization properties which gives distributes control over the entire community and not reserve to a localized point; the other is its latency which has been brought very low. The trust of the system is made to be highly flexible so as to gain the confidence of the users, and finally, the security has been made a priority so as to ensure that the efficiency of the platform is not compromised due to privacy concerns and security breaches. The platform would be a network that has been fully decentralized both in principle and in application. The earlier rewards system that usually came with mining activities is missing on the platform as well. Transaction time is astonishingly fast! Also implemented is a mechanism that watches out for spamming attempts so that unscrupulous users who might try to attempt to flood the network with unnecessary activities but be discovered and stopped in a timely fashion.
TOKEN DISTRIBUTION
With the MXC Token, one is capable of purchasing data access and enjoying the limitless range of the Low Power Wide Access Network. Token is fairly distributed into use for public and private ICO sales, team and advisors getting a share and others reserved for both marketing as well as the foundation.
CONCLUSION
Making data available to all that desire it is a step in achieving the goal of unifying the world under one umbrella of true globalization. Hence we have to promote and encourage any genuine effort to provide users with this service at a cost that relatively cheaper than what is available. The blockchain is here to revolutionize all sectors of the global industry, and MXC is the white chariot to herald that revolution in the IOT data sector.
MXC Website: http://bit.ly/2Q3ZKyJ
MXC Telegram Group: http://bit.ly/2Q7bOzm
Economic Whitepaper: https://www.mxc.org/hubfs/WP/MXC_economic_whitepaper.pdf?t=1540916704595
Technical Whitepaper: https://www.mxc.org/hubfs/WP/MXC_technical_whitepaper.pdf?t=1540916704595
AUTHOR: kwinner