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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: September 29, 2019, 07:33:06 PM
As for design of BOB:
BOB Hardware Design Is Open Source
Upon the release of BOB, all of its hardware design rendering files will be made available for more hands-on users to be able to download, modify and 3D print the parts to make their own BOB modifications. We hope to see a thriving BOB MOD community where BOB MOD enthusiasts will create new parts to exchange, trade or even sell their design creations!
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: September 29, 2019, 07:20:49 PM
Yeah, i will buy this phone because it is actually the FIRST blockchain phone in the whole world. Everything on it runs on the blockchain and they also include a traditional mode. There are only 5000 pieces, not many. I can use it for my blockchain tasks, as a wallet too etc. I dont mind the design, tho i must say i find it unusual. All the current new phones are just clones when it comes to the design, nothing new. BOB makes the difference. I dont mind for the specs either. I can use it as a primary phone but also as a secondary phone.. you never know when you will need one right?
BOB phones are still new coming, their designs still don't look beautiful, but their specifications are able to compete with other more sophisticated phones. Maybe in the future BOB mobile users will get a reward from FunctionX (fx tokens) that goes directly enter in Xwallet. I hope it can be an attraction so people want to buy this first Blockchain phone.

I think, i am not too sure, BOB phone will act as a node, therefore, those who have the BOB phone will be rewarded with FX. I don't know how much fx tokens. Maybe someone from Pundi X can confirm this? Thanks.

With the f(x) OS powering BOB, it is the world's first true blockchain phone that is secure and decentralized to its core. The f(x) OS allows you to tap into the Function X ecosystem that is built entirely on the blockchain. Each BOB functions like a node, supporting the Function X blockchain.
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: September 28, 2019, 02:00:09 PM
BOB really cool and revolutionary phone! Our future is behind such things!  Cool
cant wait for it really. Keeping an eye until pre order pops up lol.. i dont want to miss it.

Blok on Blok will launch pre-orders either by the end of September, either really early in October. Stay tuned, the team will announce about it on twitter & telegram (and probably here too)

Will pre-order be available for all the countries at once? Or will it be only for the select few countries at first?

It will sale to all the countries (worldwide), since It is going on the online market so every country can order the XPhone.

Nice, so from where we will be able to order the phone? Can we buy it through the XWallet application?


I have read somewhere that it can be from Kickstarter and from the XWallet too. Tho i dont remember from where i have read that. Would be nice if anyone can shed some light on this.

You will be able to order it through Kickstarter and through the XWallet!

Source: https://www.coindesk.com/pundixs-blockchain-phone-is-now-called-bob-and-its-coming-soon
4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: September 23, 2019, 11:52:52 AM
I recently read a post by Edward Snowden:
"Privacy should not be a privilege, but because the legal system is broken, the average person today stands, at every stage of life, naked before the eyes of corporations and governments."
The blockchain phone must decide the complete protection of personal data - this is our future!
Blok On Blok (BOB) - The world first blockchain phone.
Regain control of your data. Learn More.FUNCTION X.
https://functionx.io

Well said! Own your data  Wink




Nice! In Russian language!
5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: September 23, 2019, 11:26:32 AM
BOB has a fantastic design which much better and interesting than nowadays smartphones. XPhone is like from another planet with it secure level and available portion of different useful functions. It is fantastic - but true.

Agree on this! I love BlokOnBlok !
6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: September 19, 2019, 05:14:34 PM
Hey all make sure to subscribe at www.functionx.io to receive the latest news and when the BoB first blockchain phone is available for order!
7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: August 24, 2019, 07:48:40 AM
And another question, when you are in mode X, and you at this time call on a regular phone,will this call be seen?

If you want to call on a regular mode, you need to use the non-Blockchain mode.
I think so.
When you are in x mode,but this time you get a call on Android,will you see this call or message??

There will be a notification from the traditional mode. Therefore, you will never miss a phone call while you are on the blockchain mode.
That's what I wanted to know, Thank you.

You are welcome!
8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: August 23, 2019, 07:19:07 AM
And another question, when you are in mode X, and you at this time call on a regular phone,will this call be seen?

If you want to call on a regular mode, you need to use the non-Blockchain mode.
I think so.
When you are in x mode,but this time you get a call on Android,will you see this call or message??

There will be a notification from the traditional mode. Therefore, you will never miss a phone call while you are on the blockchain mode.
9  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: August 22, 2019, 01:05:03 PM
Utility of fx coin? what is it about? the coin.

Services rendered in the ecosystem will be transacted with the f(x) Coin. Possible scenarios include:
For service providers: To get paid by developers, companies and consumers for providing storage nodes, DDocker and speeding up of network connections. The role of service providers will described in other sections.
For consumers: To pay service fees for using DApps, nodes, network resources, storage solutions and other services within the f(x) ecosystem.

For developers: To pay for services and resources rendered in the ecosystem such as smart contract creation, file storage (paid to IPFS service provider), code hosting (paid to DDocker service provider), advertisements (paid to other developers) and others. To get paid by the enterprises or organizations which require the developer’s service.
For enterprises or organizations: To pay for service fees, developer fees and advertisements. Services provided to consumers will be charged and denominated in f(x) Coin.

For phone and hardware manufacturers: To pay for the Function X Operating System customization. Note: we plan to only build a few thousands of the XPhone flagship handsets and leave the rest to third-party manufacturers to build more using our operating system.

For financial institutions: to receive payment for financial services rendered for the ecosystem.

Many more future scenarios.

Hence f(x) Coin can be used as ‘currency’ for the below services:
In-app purchases
Blockchain calls
Smart contract creations
Transaction fees
Advertisements
Hosting fees
etc

We believe f(x) Coin utilization will be invariably higher than coins in traditional chains due to the breadth of the f(x) ecosystem. This includes storage services and network resources on f(x) which will utilize the f(x) Coin as the “fuel” for execution and validation of transactions.

Excellent, great utilities for sure! Thank your very much. May I ask the source of this?  Roll Eyes Roll Eyes

You are welcome.

Source: https://www.functionx.io/#/token
10  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: August 21, 2019, 10:09:19 PM
What happens to XPOS with function X?

XPOS will be upgraded once Function X is ready. XPOS will both operate as a decentralized point-of-sale device and much more as a node. As a node, the XPOS will also be able to get transaction fees and contribute to the decentralized network.



Utility of fx coin? what is it about? the coin.

Services rendered in the ecosystem will be transacted with the f(x) Coin. Possible scenarios include:
For service providers: To get paid by developers, companies and consumers for providing storage nodes, DDocker and speeding up of network connections. The role of service providers will described in other sections.
For consumers: To pay service fees for using DApps, nodes, network resources, storage solutions and other services within the f(x) ecosystem.

For developers: To pay for services and resources rendered in the ecosystem such as smart contract creation, file storage (paid to IPFS service provider), code hosting (paid to DDocker service provider), advertisements (paid to other developers) and others. To get paid by the enterprises or organizations which require the developer’s service.
For enterprises or organizations: To pay for service fees, developer fees and advertisements. Services provided to consumers will be charged and denominated in f(x) Coin.

For phone and hardware manufacturers: To pay for the Function X Operating System customization. Note: we plan to only build a few thousands of the XPhone flagship handsets and leave the rest to third-party manufacturers to build more using our operating system.

For financial institutions: to receive payment for financial services rendered for the ecosystem.

Many more future scenarios.

Hence f(x) Coin can be used as ‘currency’ for the below services:
In-app purchases
Blockchain calls
Smart contract creations
Transaction fees
Advertisements
Hosting fees
etc

We believe f(x) Coin utilization will be invariably higher than coins in traditional chains due to the breadth of the f(x) ecosystem. This includes storage services and network resources on f(x) which will utilize the f(x) Coin as the “fuel” for execution and validation of transactions.



I see you replace http with fxtp why??

FXTP is different from HTTP because it is an end-to-end transmission whereby your data can be sent, received and displayed based on a consensus mechanism rather than client-server based decision-making. In HTTP, the server (which is controlled by an entity) decides how and if the data is sent (or even monitored), whereas in FXTP, the data is sent out and propagates to the destination based on consensus.



This blockchain phone looks just like razer phone which was bought by razer from some chinese company...

The new XPhone (which introduced as BOB "Blok on Blok") has customizable design and each unit of BOB will come with a MOD Assembly Kit, which means that user will build their your own unit, and be able to customize how their BOB looks. You will have complete control over not only your data but also your phone’s look.

More info in here: https://medium.com/functionx/getting-ready-for-the-world-the-first-fully-blockchain-powered-phone-96f1d656bb69

This one is the first new design.


ello there,

How can someone buy this phone? Is it expensive?

You can subscribe at www.functionx.io to receive the latest updates about BOB.

Also more info can be found at:

https://www.functionx.io/#/bob



Gokhshtein has featured Function X President @DavidBenKay in its August issue about his thoughts of growing talents, startups as well as the opportunities that Function X ecosystem will bring to both developers and users. Read more  https://twitter.com/davidgokhshtein/status/1163623163747610625?s=21



F(X) Chain

What is f(x) chain?
f(x) chain is a set of consensus algorithms in the form of distributed ledger, as part of the Function X ecosystem. The blockchain is the building block of our distributed ledger that stores and verifies transactions including financials, payments, communications (phone calls, file transfers, storage), services (DApps) and more.

Will Function X launch a mainnet?
Yes. The f(x) chain is a blockchain hence there will be a mainnet.

When will the mainnet be launched?
TBA (projected).


How is the Function X blockchain designed?
The f(x) chain is designed based on the philosophy that any blockchain should be able to address real-life market demand of a constantly growing peer-to-peer network. It is a blockchain with high throughput achieved with a combination of decentralized hardware support (XPOS, XPhone, etc.) and open-source software toolkit enhancements.

What are the physical devices that will be connected to the Function X blockchain?
In due course, the XPOS OS will be replaced by the f(x) OS. On the other hand, the XPhone was designed with full f(x) OS integration in mind, from the ground up. After the f(x) OS onboarding, and with adequate stability testings and improvements, XPOS and XPhone will then be connected to the f(x) Chain.

What are the different elements of a block?
Anything that is transmittable over the distributed network can be stored in the block, including but not limited to phone call records, websites, data packets, source code, etc. It is worth noting that throughout these processes, all data are encrypted and only the owner of the private key has the right to decide how the data should be shared, stored, decrypted or even destroyed.

Which consensus mechanism is used?
Practical Byzantine Fault Tolerance (PBFT).

What are the other implementations of Practical Byzantine Fault Tolerance (PBFT)?
Flight systems that require very low latency. For example, SpaceX’s flight system, Dragon, uses PBFT design philosophy. [Appendix]

How do you create a much faster public chain?
We believe in achieving higher speed, thus hardware and software configurations matter. If your hardware is limited in numbers or processing power, this will limit the transaction speed which may pose security risks. The Ethereum network consists of about 25,000 nodes spread across the globe now, just two years after it was launched. Meanwhile, the Bitcoin network currently has around 7,000 nodes verifying the network. As for Pundi X, with the deployment plan (by us and our partners) for XPOS, XPhone and potentially other smart devices, we anticipate that we will be able to surpass the number of Bitcoin and Ethereum nodes within 1 to 2 years. There are also plans for a very competitive software implementation of our public blockchain, the details for which we will be sharing in the near future.



Zac Cheah (CEO and Co-founder) and Pitt Huang (CTO and Co-founder) from Pundi X share with us what Function X is all about, our motivation behind creating it, and how it will power this new era of the decentralized world.
The 5 key components of Function X are:
- Function X Blockchain
- Function X OS
- FXTP (Transmission protocol)
- IPFX (Decentralized file storage system)
- Function X Docker
https://youtu.be/z-EfzJXkJAw
More details added to help community to know more about Function X.

What is f(x) chain?
f(x) chain is a high performance and secure public blockchain. High speed is achieved via both software and hardware implementation (XPOS, XPhone, etc.). More information on the f(x) public blockchain is available in other sections.

What is the f(x) Operating System?

The f(x) Operating System (OS) is an Android-modified blockchain-enabled operating system. Users can switch seamlessly between blockchain and traditional mode. In the blockchain mode, every bit and byte can be fully decentralized including calls, browsers, data storages and text messages. DApps are also housed in the f(x) OS (we will create a strong DApps ecosystem by allowing easy porting of current mobile apps; more on that in the following sections). In regular mode, it supports all Android features including Android apps. More information on the f(x) Operating System is available in the next section.

What is f(x) FXTP?
FXTP is the Function X transmission protocol. As the name suggests, it is a fully decentralized transmission protocol, similar to HTTP. It will allow total decentralization and P2P transmission of data in a distributed network. More information on FXTP is available in the f(x) FXTP subsection.

What is f(x) decentralized docker?
Decentralized docker, i.e. DDocker, is an open platform for developers to build, ship and run distributed applications. More information on the f(x) decentralized docker is available in the f(x) DDocker subsection.

What is f(x) IPFS?
InterPlanetary File System (IPFS) is a protocol and network designed to store data in a distributed system. More information is available in the f(x) IPFS subsection.

Is there a document for this? Any source? Thanks much man

They can be found at FAQ at www.functionx.io.

Direct link: https://www.functionx.io/#/faq



Everyone,

Hit the “subscribe” button at www.functionx.io and be the first to receive exclusive BOB (XPhone) preorder offers!

Don't be late!
11  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: August 20, 2019, 01:33:32 PM
Hi, quick question. Is Fx blockchain gonna be proof of work? (PoW).

Thanks, can you mine fx coin?Huh

The Function X blockchain will use the proof of service concept (PoS)

Service providers are crucial in the whole f(x) Ecosystem, the problem of motivation/facilitation has become our priority. We have to align our interests with theirs.
Hence, we have set up a Tipping Jar (similar to mining) to motivate and facilitate the existing miners shift to the f(x) Ecosystem and become part of the infrastructure service provider or attract new players into our ecosystem. Income for service provider = Service fee (from
payer) + Tipping (from f(x) network generation)

The idea is that the f(x) blockchain will generate a certain amount of f(x) Coin (diminishing
annually) per second to different segments of a service provider, such as in the 1st year, the
f(x) blockchain will generate 3.5 f(x) Coin per second and it will be distributed among the
infrastructure service provider through the Proof of Service concept. Every service provider
such as infrastructure service providers, developers and financial service providers will
receive a ‘certificate’ of Proof of Service in the blockchain after providing the service and
redeeming the f(x) Coin.

Example: There are 3 IPFS providers in the market, and the total Tipping Jar for that
specific period is 1 million f(x) Coin. Party A contributes 1 TB; Party B contributes 3
TB and Party C contributes 6 TB. So, Party A will earn 1/10 * 1 million = 100k f(x)
Coin; Party B will earn 3/10 * 1 million = 300k f(x) Coin. Party C will earn 6/10 * 1
million = 600k f(x) Coin.

Ohhh i see! Thanks for quick respond..Can you please explain to me what token generation event is???

Hello!

You can read more about it here:
https://medium.com/functionx/function-x-coin-structure-use-of-funds-governance-and-proposed-roadmap-9d9cb8aa1576

12  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: August 20, 2019, 02:13:36 AM
Hi, quick question. Is Fx blockchain gonna be proof of work? (PoW).

Thanks, can you mine fx coin?Huh

Hey there!

The mechanism behind f(x) Coin generation is the Proof of Service concept (PoS).

The TGE(Token Generation Event) has generated 20% of the total f(x) Coin supply. The rest of the f(x) Coins will be generated through PoS and be given out to the service providers over 15 years.
Service providers play a critical role in developing the f(x) ecosystem. Hence, a tipping jar (the concept is similar to mining) is set up to motivate and facilitate “miners” from other platforms to shift to the f(x) ecosystem and become part of the f(x) infrastructure service providers as well as encourage new service providers to take shape and offer their services to further develop the f(x) ecosystem.
13  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Function X - The Future is Blockchain Internet on: August 16, 2019, 09:36:54 AM
Function X! Aiming for X10!!

10X for speed
Visa can run 7,000–20,000 transactions-per-second (“TPS”). Any blockchain that offers small multiples of speed improvement is unlikely to displaced a tried-and-tested system like Visa. A 10X increase means 200,000 TPS has to be achieved for any company to revamp a legacy system into blockchain. There are several blockchains out there that are trying to do this; in fact, many claim a significant improvement. Many blockchains are claiming a 10X improvement over Visa, at least on paper.
If we launch a blockchain, we have to make sure we are comparable if not faster, at 10X it is at least 200,000 TPS, not just on paper, but in real application!



10X for scalability
Scalability in a restaurant means how fast can you serve your meals, the faster you can scale, the more business you can have. Therefore, companies like McDonald’s spend a lot of effort shortening the time between ordering and checkout to serve its customers. Scalability in blockchain is similar: it depends on the code (how fast can the burgers be flipped) and also nodes (how many cashiers can confirm the order). So whose code is the best? We will only know when proven. And what about nodes? The blockchain with the largest nodes will prevail.

With our plan to roll out 100,000 XPOS in three years, we will be able to scale up transaction numbers significantly as the number of XPOS devices increases.



X10 Consensus

A consensus process cannot always be in the select hands of a few. Of all the 100,000 XPOS we have in City of Z, we will randomly choose, say, 1% of the nodes: a set of random XPOS agree on the two-third consensus. Very importantly, the consensus process has to break geographic boundaries!

With a diverse area of large volume of nodes, it will create speed with real decentralization.
14  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency on: August 15, 2019, 10:54:06 PM
Pundi X has successfully completed integration support of its XPOS module on X990 made by US-based Verifone, one of the largest providers of traditional point-of-sale (POS) terminals in the world, to allow a wider network of retailers to accept payments in cryptocurrencies.

This is a great achievement for Pundi X. Verifone are the second larger of the Top 2 point-of-sale manufacturers!

Official tweet from Verifone:
https://twitter.com/Verifone/status/1158704274324557824?s=19


More information can be found at:
https://blog.pundix.com/2019/07/11/pundi-x-successfully-completed-its-integration-support-for-verifone-x990-to-enable-crypto-payments-in-traditional-pos-terminals/
15  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency on: August 15, 2019, 04:29:49 PM
Dear Pundians, at 20:00 GMT+8 on August 16, 2019 in https://t.me/pundix ,
Zac will be in the group and send crypto gifts to celebrate the successful listing of both NPXS/USDT and NPXS/USDC trading pairs. The more retweets and participants in the group, the higher amount the crypto gifts will be. 10 lucky winners will be picked for extra bonus crypto gifts! To learn how, here are the details: https://twitter.com/PundiXLabs/status/1161966519238062081?s=20.

See you all there!
16  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency on: August 13, 2019, 07:58:45 AM
Great news everyone!

Binance Adds NPXS/USDT and NPXS/USDC Trading Pairs
https://www.binance.com/en/support/articles/360032275071
17  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency on: August 13, 2019, 07:48:57 AM
How many countries are you currently promoting? How many stores are in use?

Don't know how many XPOS machines are in the market right now but you can see the global XPOS map here at below link MAP

Note: 1. You would have to zoom out a bit on map.
         2. The map is not showing all the machines right now

That's correct! Please note that the merchant list will be periodically updated once the merchants provide their permission to be listed on the map.

They can submit their location at this form [urlhttps://docs.google.com/forms/d/157h9quIoMBZIh76ZYA1WwsBpV6bax7VxrqR6OkPuSXQ/viewform?edit_requested=true][/url]
18  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency on: August 13, 2019, 07:39:13 AM
Dear Pundians, it’s the time of the month to recap our progress! July monthly report is now available. In this month, we have several tech accomplishments, including integration with VeriFone X990, the Android-based Point of Sale device made by leading manufacturer, XWallet’s Telegram chat integration, Samsung Blockchain Wallet integration and more. We’ve also worked hard to spread the words with our partners and in the important conference, educating more people about the blockchain technology.

Here’s the INSIDER for you to catch up 👉 https://medium.com/pundix/monthly-report-a-recap-of-activities-in-july-2019-7585e1488601

All this is really cool! Pundi X keeps delivering every month as always! Anyone knows where can i find the information about Dubai and Pundi X? I heard that Pundi X is working with Dubai government? True???

Hi, please refer to this official article https://www.prnewswire.com/news-releases/dubai-to-offer-digital-payments-on-pundi-x-technology-300726736.html
Updates will be published soon.

Pundi X just had a meetup in Dubai: https://twitter.com/pundixlabs/status/1153709460214280192

Moreover,  to add on that:
UAE Telecommunications Regulatory Authority (TRA) has issued the certificate to XPOS. More importantly it opens the doors to larger XPOS shipments to Dubai for deployment with Ebooc. For details👉 https://medium.com/pundix/uae-tra-certification-paves-way-for-wider-blockchain-adoption-in-the-uae-and-middle-east-region-14fb212ff4e
19  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Pundi X - Any store can buy, sell and accept Cryptocurrency on: August 12, 2019, 04:50:35 AM
Dear Pundians, it’s the time of the month to recap our progress! July monthly report is now available. In this month, we have several tech accomplishments, including integration with VeriFone X990, the Android-based Point of Sale device made by leading manufacturer, XWallet’s Telegram chat integration, Samsung Blockchain Wallet integration and more. We’ve also worked hard to spread the words with our partners and in the important conference, educating more people about the blockchain technology.

Here’s the INSIDER for you to catch up 👉 https://medium.com/pundix/monthly-report-a-recap-of-activities-in-july-2019-7585e1488601
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