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Author Topic: [ANN][IXI] Ixian Testnet | DLT, secure streaming platform and chat messenger  (Read 253 times)
kaido19
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August 05, 2018, 02:41:24 PM
 #21

maybe to build a new internet, you need a lot of things, for example careful planning, system experts, and a large community, that sounds very ambitious, but if you will make the internet easier to use with existing basic systems, it's not impossible, and it sounds more fun, I am very interested in knowing your team more, and hopefully the team can be relied on well to achieve all the missions that have been planned

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Kharz
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August 05, 2018, 02:42:02 PM
 #22

wow 2,000,000,000 Ixi tokens? I think it is very large amount of token supply. I don't see about how much the price for 1 token. Can you tell me about the price to be?

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Ixian
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August 06, 2018, 05:53:08 PM
 #23

You write that you are going to build a new Internet. Will it be built on the basis of the already available Internet or will it work autonomously?
maybe to build a new internet, you need a lot of things, for example careful planning, system experts, and a large community, that sounds very ambitious, but if you will make the internet easier to use with existing basic systems, it's not impossible, and it sounds more fun, I am very interested in knowing your team more, and hopefully the team can be relied on well to achieve all the missions that have been planned

The internet as a transport layer and the infrastructure itself works just fine, so in our opinion we don't need to build a "new" internet. Main issue with the internet today is getting the data from one user to the other user securely without the need for centralized (trusted) systems and costs connected to them. Ixian aims to overcome these problems using a custom made blockchain-like technology that runs on top of the existing internet infrastructure.

Ixian DLT network handles transactions and manages Ixi coins in a similar way that other crypto currencies do. It also maintains a presence list of other nodes, which can be Ixian DLT nodes, Ixian S2 nodes or end-user clients (i.e. Spixi).
Ixian S2 network while using the DLT network, handles secure end to end data transfer between users.

With these 2 platforms operating side by side anyone now has the ability to build a range of secure applications that previously required large amounts of centralized servers and bandwidth (and in turn large investments in infrastructure) to handle large amounts of users.
Imagine streaming a video securely in Full HD to a user. You would require about 5 Mbps of upload bandwidth at home to do this. Not a big deal right? Now imagine if you wanted to stream this same video to 1000 users at the same time. You would require 5Gbps of upload bandwidth and servers that can handle the load. Ixian technology will allow other nodes connected to the network to "re-stream" your video to users (on-demand scaling), giving any content the ability to scale with users for all practical purposes infinitely.

So it would be correct to say that we are evolving the way everybody is using the internet, while at the same time making the entire experience more secure. We are hoping that as Ixian technology evolves and adoption grows, it will be easier to replace some centralized systems, which are quite wasteful in terms of energy and resources.

You can find more information on https://www.ixian.io
Ixian
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August 07, 2018, 12:17:02 PM
 #24

Hi, I have setup some nodes on my machine. I see that I need 2k ixis in the wallet to participate, but i dont understand how to get it? I created an account already.

Thank you for helping us with tests.
To get the necessary 2000 IXIs, you have to create an account on https://www.ixian.io first, then register your Ixian address in "My Testnet Addresses" section of your dashboard.
Your Ixian address is displayed when starting Ixian DLT.
You can also view your Ixian address using the localhost:8081 web UI when the DLT is running.
Detailed instructions can be found here: https://www.ixian.io/?page=post&title=Ixian+DLT+Setup+Guide


Tnx for clearing it out Smiley i wasnt sure if i did everything correctly

So for test to be successful, i need to try client also or just these nodes?

Thank you for participating in our Testnet minexhudex. Running the nodes is sufficient at the time, and Spixi client will be available soon. We will post all developments and updates in this thread and on our website, stay tuned Smiley
Ixian
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August 10, 2018, 12:14:57 PM
 #25

wow 2,000,000,000 Ixi tokens? I think it is very large amount of token supply. I don't see about how much the price for 1 token. Can you tell me about the price to be?

We're actually worried it won't be enough. 2 billion Ixi coins (not tokens!) is just the pre-mine. With PoW and PoS we expect to have over 50 billion Ixi coins in circulation in 5 years. Reasoning behind it is mostly that we expect Ixis to be heavily used for micro-transactions (paying per transferred kilobyte of data). If you consider a million people streaming a video in Full HD at the same time, they'll be transferring a whopping 5120 Gbps if you factor this in with our estimated initial price of 0.0002 Ixi per kB of relayed data, you'll notice that just for that we would need about 640 million Ixis per second to be transacted.

Ixi coin is intended to actually be used and not HODL, as such the supply must be big enough to cater to all of Ixians needs.

Note that the 2 billion pre-mine will be used in the following way:
- 1 billion Ixis reserved as a team reward and will be released to the team gradually
- 1 billion Ixis will be used for partners (~50%), bounty rewards (~10%), sold off on an exchange (~10%), reserves (~30%)

Actual initial price of 1 Ixi in USD will be determined by the free market. We estimate it at around 0.003 USD per 1 Ixi.
minexhudex
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August 14, 2018, 04:30:48 PM
 #26

So I am now running both nodes, and later in mainnet, from what I understood, I can mine Ixi coins? What is the difference between the nodes, do I get ixis from running both nodes? Im not sure I understand the combination of mining and staking in this case. Tnx!
green dragoon
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August 15, 2018, 06:38:43 PM
 #27

wow 2,000,000,000 Ixi tokens? I think it is very large amount of token supply. I don't see about how much the price for 1 token. Can you tell me about the price to be?

We're actually worried it won't be enough. 2 billion Ixi coins (not tokens!) is just the pre-mine. With PoW and PoS we expect to have over 50 billion Ixi coins in circulation in 5 years. Reasoning behind it is mostly that we expect Ixis to be heavily used for micro-transactions (paying per transferred kilobyte of data). If you consider a million people streaming a video in Full HD at the same time, they'll be transferring a whopping 5120 Gbps if you factor this in with our estimated initial price of 0.0002 Ixi per kB of relayed data, you'll notice that just for that we would need about 640 million Ixis per second to be transacted.

Ixi coin is intended to actually be used and not HODL, as such the supply must be big enough to cater to all of Ixians needs.

Note that the 2 billion pre-mine will be used in the following way:
- 1 billion Ixis reserved as a team reward and will be released to the team gradually
- 1 billion Ixis will be used for partners (~50%), bounty rewards (~10%), sold off on an exchange (~10%), reserves (~30%)

Actual initial price of 1 Ixi in USD will be determined by the free market. We estimate it at around 0.003 USD per 1 Ixi.

So for each transfer of data (this means sending pictures and streaming video?) user have to pay ixi coins, but sending messages will be free? Why would i use this if I can transfer data for free?
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