Elixxir

The xx network combines technologies developed by Elixxir and Praxxis into the first online platform that allows you to communicate and share value without exposing your activities to the organizations that will collect and sell your data. Although many modern communication platforms are encrypted, they do not protect the metadata.

Metadata is data about data, such as who sent the message, who received it, where it was sent from, and what time it was sent. When collected and analyzed, metadata can reveal a lot about consumer behavior and can be manipulated by technology companies and governments.

The xx network is changing that by offering secure, encrypted communications and payments that completely hide metadata to offer the first truly private, anonymous, scalable and fast platform that allows you to transact with friends, family and service providers without fear of espionage. The xx network combines technologies from two projects and teams: Elixxir and Praxxis, both led by Dr. Chaum.

Elixxir technology protects privacy by combining end-to-end encryption with a revolutionary metadata shredding network called cMix that hides metadata for messaging and payments. In Elixxir, both messages and payments are mixed together, destroying all metadata and preventing third parties from seeing that the message or payment was ever sent.

Praxxis has developed a next-generation quantum secure blockchain that uses a unique consensus mechanism called xxBFT, or xx consensus. Once transactions are mixed through Elixxir, payments are passed on to independent nodes running the xx consensus protocol to be confirmed and added to the block chain. xx network is the only blockchain-based quantum security solution that can combine the properties of speed, scalability and security required by blockchain technology for mass adoption.

The xx network was created by Dr. David Chaum, an early blockchain researcher, world-renowned cryptographer and privacy advocate. WBM was founded by Dr. David Chaum and is led by William Carter, a computer scientist and systems design expert. Privategrity was founded by Dr. David Chaum and Elixxir's technology team at Privategrity is led by Benjamin Wenger. The xx network and WBM teams are comprised of cryptographers, developers, marketers, and more; all working together to create the most powerful blockchain network for communication and exchange of value anywhere in the world.

Dr. David Chaum is an early blockchain researcher, world renowned cryptographer and privacy advocate. Known as the "Godfather of Privacy", Dr. Chaum first proposed a solution for protecting metadata using mixed-cascaded networks in 1979. In 1982, his dissertation at UC Berkeley became the first known proposal for a blockchain protocol. Dr. Chaum went on to develop eCash, the first digital currency, and made major contributions to the security of voting systems in the 1990s. Today, Dr. Chaum is the founder of Elixxir, Praxxis, and the xx network, which brings together his decades of research and contributions in the fields of cryptography and privacy to provide state-of-the-art blockchain solutions.

Email, social media and mobile apps have changed the way we communicate and share value. However, leading technology companies have proven unwilling or unable to protect user privacy, preferring to profit from advertising. Even in encrypted messaging applications, metadata is collected to track consumer behavior, including the sender, recipient, and timestamp. Governments and organizations can use this data to manipulate users and ultimately threaten our freedom.

xx network implements blockchain technology and encryption that hides metadata to offer a truly private, decentralized messaging and payment platform. This means that with the xx network technology, there is no way for any third party - including governments or tech companies, or even the xx network itself - to see information about the sender or recipient(s) of messages or payments. In addition, the xx network will run smoothly so that users can send messages and payments as quickly as they would on any traditional network.

Despite its promises, blockchain remains a mysterious and almost nefarious technology for many. In short, blockchain is about removing the incentive and opportunity for self-serving organizations to mismanage platform users and their data. This is achieved through a concept called decentralization, which uses governance incentive mechanisms to allow users to control the development and operation of the platform.

On the xx network, users are paid to make important decisions about the platform and to actually run the servers and infrastructure. As a result, you control your data and how it is used through unbreakable cryptography and social governance, rather than through apparently ineffective regulations, privacy policies, and terms of use. Existing social media and payment platforms have built their business around monetizing your data, which has led to election manipulation and the sale and leakage of personal data that we regularly see in the headlines. The xx network takes away the incentive and opportunity for centralized organizations to misuse your data.

Since the early days of Bitcoin, many projects have tried to develop decentralized platforms capable of providing payment systems on a global scale. However, these networks are burdened with high fees, slow payment confirmation times, high power consumption, and a lack of built-in security. This slowed down user adoption and prevented decentralized networks from becoming a viable alternative to centralization. xx network is the first block chain able to simultaneously provide decentralization, speed, privacy, all with the help of quantum security technology. Instead of using PoS or PoW, the xx network uses a brand new consensus mechanism called xxBFT to achieve maximum performance. In addition, Elixxir has integrated metadata shredding, to provide privacy that goes beyond encryption. These are just a few examples of how the xx network outperforms existing blockchain projects. To learn more, download the Praxxis White Paper

NO! The xx blockchain uses a brand new technology called xxBFT (also called xx consensus) to provide unparalleled speed, security, and scalability while maintaining full decentralization on the network. xxBFT allows the xx blockchain to achieve authenticator linear complexity and single block finality. xxBFT scales to thousands of nodes and is truly egalitarian, giving each node equal uptime and rewards. In addition, xxBFT is quantum safe and requires very low power consumption, which are two major advantages over existing blockchains. To learn more, download the Praxxis White Paper.

The communication functionality provided by the xx network is not based on blockchain technology, as successful communication does not require a solution to the "double spending" problem of the digital currency. Therefore, network-wide consensus is not required when processing messages, but only when selecting and managing groups of nodes to ensure that messages are processed correctly. As a result, the number of private messages that the xx network can process is not limited by blockchain technology, it is only a function of the number of nodes processing messages. As new nodes are added, the network can process more and more messages.

As users of online platforms, we usually don't have the time or energy to research and understand the technologies that enable our favorite applications. If we did, we would be shocked to learn how much personal information these platforms collect and how easily that information can be used to influence our decisions and behavior. The xx network is a next generation technology that is managed by its users. The xx network gives you back control of your information with simple, easy-to-use apps.

These applications may be originally developed by us. Our xx messenger is undergoing public testing and will allow you to communicate and exchange money with friends, family and colleagues using the most secure cryptography in the world. Ultimately, we are working on creating interfaces that will allow your favorite organization and developers, as well as your favorite companies in banking, commerce and social networks, to use our technologies. We believe that over time, you will be able to do most of what you currently do online, but without compromising your identity.

For creators and providers of online products, using the right technology and understanding future trends is a must for creating competitive and sustainable value. Privacy and security are the battlegrounds of the future, and the xx network will enable you to build valuable applications with the highest privacy and security properties in the world.

The Arrow SDK is currently being developed to allow existing applications to interact with the network oh to send messages with full privacy protection through our revolutionary network mix. Eventually, seamless payments and communications will be integrated.

xx messenger is free for users with a verified account. Those running decentralized applications, smart contracts, and businesses on the xx network can use xx coins to purchase higher bandwidth.

The xx coin is a secure and optionally denominated digital currency that can be traded between users and businesses while boosting online transactions. The xx coin is used to incentivize governance, which keeps the network running transparently and empowers users to participate in the ecosystem. The xx coin is also used for high volume messaging, efficient payments, and decentralized applications. Because the xx coin is protected by the xx network, it is completely private and quantum safe.

One billion xx coins will be minted in the genesis block. The initial distribution of xx coins will be done through the ERC-1404 smart contract and then converted after the mainnet launch. xx denominated coins mimic physical money with preset values ​​which are base two numbers such as 1, 2, 4, 8, 16, 32, etc. and can only be spent once due to the type of coin used signatures. This is the most private way to send money online. The xx network will also support wallets so that users can send and receive payments multiple times without creating a new public address, and will support multi-signature wallets for transactions that require at least two parties to sign.

70 percent of xx coins are for distribution or distribution to the xx network community through public sales, private sales, and community incentive programs. 25 percent of xx coins will be reserved for WBM Corp., Praxxis software developers and project creators. 5 percent of xx coins will be reserved for the xx network ecosystem, including developer rewards. The xx network considers usability, privacy and security as its main features.

The xx nodes receive a block reward, which is a share of the revenue generated by the network and an inflationary reward in the form of new xx coins. Inflation is expected to be around 0.5-0.8 percent. As the MainNet launches for the first few years, inflation may rise temporarily. A small portion of the block reward goes to governance to encourage participation and to a fund to cover development costs.

The xx network is completely decentralized, which means there is no central authority to manage the xx network and resolve disputes. The xx network requires management to reach a collective agreement on code, update master data, or even add or remove nodes (to name a few critical network issues). Governance in the xx network is based on selective voting, a process developed by Dr. David Chaum that randomly polls a subset of voters and encourages the subset to make informed decisions.

With selective voting, a subset of voters can explore and vote on a given topic. As a result, elected voters can be incentivized with fixed or lottery rewards without any vote-based compensation. This governance process ensures fairness and transparency in the xx network, and technical measures are in place to prevent intruders from infiltrating the governance process and the selective voting system.

To prevent vote buying, false ballots can be given out and sold to those who are trying to buy votes. They look just like regular ballots, but will not be counted as actual votes, thus maintaining the integrity of the election.

The XX network is offered with an economic model that accelerates its inherent utility. As compensation for their work in reaching consensus and messaging, nodes will receive a block reward consisting of a share of the revenue generated from messaging.

The network also generates an inflationary reward in the form of newly minted XX coins. Inflation is expected to be 0.5-0.8% per annum, with the run-up averaging no more than 2.0% during the initial period of the grid phase. While most of the block reward is given to the nodes, some of the funds are given to the fund and management to incentivize voting. One billion XX coins will be minted in the genesis block. In total, 70% of XX coins are reserved for sale or other disposal by the company.

The initial proposal includes a 9-year term bootstrap period averaging 2.0% annualized inflation, which then transitions into a long-term inflation model that averages 0.65% annualized inflation.

The following graph describes the network inflation proposed for the first 12 years. The network will start with inflation of 3.4% per year for 3 years, and then for the entire course after 6 years, inflation will decrease to 0.65%.

This inflation schedule assumes that within 3-5 years the network will begin to accumulate significant fees from paid communications. The Office will be able to change and update the inflation tables in the event that messaging charges increase at a different rate or other economic factors are not properly calibrated.

The development of the XX network was divided into the following stages:

● Internal test network: An internal prototype network of 3 nodes deployed on two continents was used to develop and demonstrate the technology.

● AlphaNet: The first public phase of the network. It consists of 8 nodes on 4 continents, managed by Elixxir, Praxxis and a partner.

● BetaNet: a larger and more widespread network with a select number of nodes up to 600 through a community driven process;

● MainNet: The ultimate implementation of the XX network, managed by thousands of globally distributed nodes selected through XX Management.

In order to complete these milestones, Elixxir, Praxxis and the xx network plan to continue with the following timeline and roadmap:

● September 2018: Elixxir announced and TestNet demonstrated.

● January 2019: BetaNet node selection process begins.

● May 2019: Release of the xx collective app.

● June 2019: Announcement of BetaNet nodes, along with a selection of 600 nodes from a pool of 870 applications.

● June 2019: Launch of the ArrowSDK Developer Program.

● August 2019: Praxxis announcement.

● September 2019: Release xx of AlphaNet.

● November 2019: Release of XX messenger via the xx collective app.

● Early 2020: xx BetaNet planned.

● Late 2020: Planned release of xx network MainNet.

Scaling the Economy

For most blockchains, security increases as nodes are added. Adding nodes does not create security, but it does improve the fundamental performance of the network. In fact, in most cases, adding nodes actually reduces network throughput. This growth penalty is a fundamental problem faced by most modern decentralized web systems.

Network XX is different. One of the main technologies of the network is not a blockchain, but a mixed network. Each additional node adds processing and relaying capacity supported by Praxis' scalable consensus protocol. Thus, as the number of nodes increases, security and performance increase. These scaling characteristics of the XX network creates a self-replicating growth cycle that is considered unique among other blockchains.