Hello Steem People, today I wanted to show you a new token to make you shiver, the technology behind and fantastic, many experts say it will be the next "Bit-Coin" few are aware of this new token!
What is XYO Network:
It's like GPS, minus the government monopoly.
The company behind XYO Network is called XY. Since 2012, they have been quietly developing world-class location protocols needed to achieve their mission of building a decentralized localization network. The XYO network makes this possible through an ecosystem of crypto-location protocols.
Proof of Origin
In a trustless system, data may be lost, damaged, tampered with, or otherwise corrupted. Traditional Proof of Origin in a trustless system relies on a private key for signing transactions or contracts in a system. This works very well with the assumption that the node on the network that signs the data in question is physically and virtually secure. If the private key is compromised, then the ability to prove origin falters. Proof of Origin (Proof of Origin) is the key to verifying that ledgers flowing into the XYO Network are valid. A unique ID for source of data is not practical since it can be spoofed. private key signing is not practical since most parts of the XYO Network are difficult or impossible to physically secure, so the ability for a bad actor to steal a private key is too feasible. To solve this, XYO Network uses Transient Key Chaining. The benefit of this is that it is impossible to falsify the chain of origin for data.
after a brief introduction to this token taken from their official website, what are you waiting for? Hurry up immediately to inform you about this new spectacular token!
XYO Network WebSite: https://xyo.network/
CoinMarketCap XYO: https://coinmarketcap.com/currencies/xyo-network/
Information given by BitDreamCompany: https://bitdreamcompany.com/
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