DxChain Review
WHAT EXACTLY IS DXCHAIN?
DxChain is developing a decentralized big data and machine learning network.
Based on the premise that data is valuable and data creators should be able to own and benefit from their own data. The team aims to tackle major big data issues such as privacy, ownership, and security while supporting business intelligence and machine learning applications.
With DxChain, users would be able to own and control their own data, and securely trade and analyze data. The costs of data retrieval and storage would also be reduced significantly.
DxChain is based on a chains-on-chain architecture which includes one master chain and two side chains. The structure was designed as such in order to solve multiple issues related to data computation, storage, and privacy issues; this would otherwise be difficult to do simultaneously with only one chain.
KEY FEATURES
Chains-on-Chain Architecture
The revolutionary Chains-on-chain architecture is designed to solve the data computation, storage, and privacy issues.
Verification game
Verification game provides a framework which securely perform any computational task and vastly reduces the number of redundant network node computations.
PDC (Provable Data Computation)
PDC is a statistical framework to verify the correctness of computation results with few copies of redundant computing.
PoSt & PDP
The Proof of Spacetime(PoSt) is used as the consensus protocol of storage. It provides the foundation for the decentralized storage network.
Data model enables privacy preserving.
DxChain does not only provide the data storage function, but it also gives the flexibility of retrieving files at a more granular scale.
ROADMAP
The project’s historical milestones and future development roadmap is as follows:
Q2 2018
MVP network launch (update: MVP release has been delayed to July 2018)
Q3 2018
Master/DSC test network beta launch
Q4 2018
Master/DSC test network launch
API/SDK/library beta launch
Wallet alpha preview
Q1 2019
Master/Data main network launch
API/SDK/library publish
Wallet launch
Q2 2019
Data model for DSC launch
DVM preview launch
Q3 2019
DVM beta
CSC preview launch
Q4 2019
Master/CSC/DSC main network launch
TOKEN DETAILS:
Ticker: DX
Token type: ERC20
ICO Token Price: 1 DX = 0.0014 USD
Fundraising Goal: 21,500,000 USD
Sold on pre-sale: 17,500,000 USD
Total Tokens: 100,000,000,000
Available for Token Sale: 22%
CONCLUSION
DxChain is aiming to transform the crypto system, trying to get real world usage of blockchain technology. Idea/Team/Funds/Whitepaper are All Stars.
DxChain Website:
https://www.dxchain.com/
https://steemit.com/blokchain/@irka94/dxchain
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