just saw update on twitter, looks like public beta is comign soon

dont sleep yall

good stuff

nevermind, found this in the discord https://discord.gg/XJUW29tvdJ

Xana’s VRF (Verifiable Random Function) consensus mechanism is integral to its Proof-of-Participation (PoP) protocol.

Here’s how it works:

Selection: VRF is used to randomly and securely select a subset of cells (nodes) to propose and validate blocks. No stake is required, ensuring fairness and inclusivity.

Block Proposers: Selected cells propose new blocks. The selection is random and verifiable, ensuring no single entity can predict or manipulate the process.

Block Validation: Another subset of cells, also selected via VRF, validates the proposed blocks. This two-step process ensures that the block is valid and adheres to the network rules.

Finalization: Once a block is proposed and validated, it is added to the blockchain. The process repeats, maintaining a fair, decentralized and secure network.

Advantages:

Security: The randomness and verifiability of VRF ensure that the selection process is secure and resistant to manipulation.

Decentralization: By allowing anyone to participate, Xana ensures a high level of decentralization.

Efficiency: The use of VRF and PoP allows for quick consensus and high transaction throughput.

Let us knoW any updates

cool stuff guys. saw twitter tagline, fairest block reward distribution since Bitcoin

that would be game changing

Read your litepaper. Very cool.

have a good weekend everyone 

Xana is the future!

hope you had a good weekend, come join us for a good discusssion!

https://discord.com/invite/whrm6tNSXf

We plan to collateralize the first asset. Join us for a discussion on "Bitsols"

Fixed, come discuss the future of Bitcoin Layer 2 for RWAs

https://discord.gg/EtqxHMHcnT

Thanks so much! UPDATED

Anybody know why we didn't get the [ANN] tag

Cetiss is an innovative Bitcoin Layer-2 rollup that leverages the security and trust of the Bitcoin network to collateralize real-world assets using Runes' UTXO model.    
                      
Core Features:

* Optimistic Rollup: Cetiss uses an optimistic rollup to process a high volume of transactions off-chain while still relying on the underlying security guarantees of the Bitcoin network. This layer 2 solution significantly reduces fees and improves transaction speeds, providing a seamless experience for users.
* Real-World Asset Tokenization: Collateralizing RWAs bridges the gap between tangible assets and the digital economy. From real estate to treasuries, our protocol simplifies the process of converting real-world assets into digital tokens, providing collateral to back issuance.
* Collateral System: The protocol introduces a novel collateral mechanism that enhances security and trust in the system. Participants can lock in their Bitcoin as collateral, which is then staked in a multi-layered security model. This innovative approach ensures that the system remains solvent and secure, with assets backed by the value of Bitcoin BTC.


Vision and Goal:

Our vision is to unlock the value trapped in trillions of illiquid assets by providing a secure, scalable, and decentralized platform for Bitcoin RWAs. The goal of Cetiss is to democratize access to asset ownership, enabling a global audience to invest in and benefit from a diverse range of real-world assets. We aim to bridge the best of Bitcoin with the transformative potential of real-world asset tokenization, fostering a new era of digital finance.

Join us:

We are launching a Discord TODAY to discuss and document this journey: https://discord.gg/EtqxHMHcnT

Our team wants to build more than just a protocol; but a movement. We invite developers, community members, and innovators to join us in shaping the future of asset tokenization. Together, we can build a more inclusive, efficient, and secure financial ecosystem on the most trusted blockchain of all — Bitcoin BTC.

Let’s build the future of finance together!

Cetiss Team
https://cetiss.com
https://twitter.com/cetissio