Bitcoin Forum
September 18, 2024, 05:51:45 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN]SonicX - Faster, More Efficient and Secure platform for Gaming and Payments on: June 18, 2019, 08:11:45 PM





•   SCALABILITY & EFFICIENCY

The SonicX platform relies on an efficient system of Masternodes & Supernodes for payment processing and transaction verification. With Masternodes, you can have a scalable network that can achieve higher transaction speeds running alongside block producers called Supernodes. They also play an important role to support and process micropayments and payment tunnels. This protects the main net from myriads of small transactions generated by payment services while supporting regular repetitive payments.


•   TOKEN VERIFICATION INFRASTRUCTURE

A blockchain based public infrastructure to inform the community about verified token issuers. Will be implemented via smart contract(s) which will store and manage a registry of verified token issuers.

•   INCREASED TRANSACTION

Lightning network coupled with P2P optimization to increase TPS can help to make network produce blocks of bigger capacity at a faster rate. Also, special serialization will be implemented on SonicX protocol for empty blocks ( reduction in the size of blocks from ~1KB to ~80 bytes) which will result in increased block rate. With the required network parameters configuration, we will bring 20-100% increment (2500 up to 5000 TPS).

•   SHORT LINKS PAYMENT ADDRESS

A very useful feature in P2P payments, make blockchain transactions human-readable, can strongly influence mass adoption. Currently, addresses are represented in a very complex form, like SMGos4tWSdFA6Binj8iL3u7EFrnGpLTp28. It makes payments rather irksome. High chance to make a mistake. Shortlink addressing allows using of shorter and more user-friendly form.

•   PROOF OF TIME STORAGE

Proof-Of-Time Storage. Will allow participants to share their storage capacity for a specified price in SOX. Others can buy storage capacity among storage providers. To become a storage provider, one needs to install the blockchain software, allocate storage capacity and specify a minimum price rate. It uses Merkle paths and RSA trapdoor permutation to prove that data is still stored and that it's stored on exactly the same node.

•   SELF UPGRADABLE BLOCKCHAIN

Provable self-upgradable blockchain by the decision of Governance Layer. Tron protocol allows to update network parameters, and SonicX will be able to implement more deep modifications and nearly eliminate chances of blockchain splitting after some nodes choose not to upgrade.



SONICX WALLET


•   MULTI CURRENCY WALLET

Hold different types of cryptocurrency in our wallet and pay instantly using our fast and efficient payment gateway. Our network is optimized for speed with our integrated digital exchange and master nodes which handle transaction processing upwards of 5,000 TPS.

•   SONICX EXCHANGE

Our app provides access to a digital exchange that offers an easy way to transfer value, trade digital assets and keep up to date on cryptocurrency market cap. All this from the convenience of your mobile device.

•   MESSENGER PAYMENT

We have integrated a payment feature which you can use with your messaging application. This provides an easy way to send payments to friends, family, and other recipients. You can do this easily from the comfort of your laptop, tablet or smartphone too.






Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!