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Author Topic: [ANN] Xana: A scalable, decentralized mobile cryptocurrency  (Read 920 times)
lemonandfriesonetwo
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May 17, 2024, 02:36:02 AM
 #21

Interesting concept. I will watch its progress.  Cool
cetiss
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May 21, 2024, 04:58:36 AM
 #22

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

that would be game changing
cetiss
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May 24, 2024, 01:47:24 PM
 #23

Let us knoW any updates
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May 26, 2024, 02:06:28 AM
 #24

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.
cetiss
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May 31, 2024, 01:25:34 AM
 #25

good stuff
xanaorg (OP)
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June 05, 2024, 05:49:57 PM
 #26

Xana Protocol Update:

Development is proceeding ahead of schedule. Team will likely will have an internal devnet next week!

Once completed, we will have an incentivized testnet for community and on our way to the fairest token distribution since Bitcoin BTC

Community is growing steadily, join us https://discord.gg/XJUW29tvdJ

Or engage with us on twitter: https://x.com/xanaorg

Thanks for your continued support and interest everyone Smiley

Team Xana
xanaorg (OP)
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June 07, 2024, 02:17:58 PM
 #27

Have a great weekend everyone!  Cool
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June 10, 2024, 03:11:44 PM
 #28

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

dont sleep yall
xanaorg (OP)
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June 13, 2024, 02:57:24 PM
 #29

Confirmed, we have a private beta, followed by a public testnet in a week or so!
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