Greetings Friends;
Opportunities are always welcome, even more when they appear out of nowhere or fall into our laps like pillows, right? And in this case I'm talking about Xenofhyte a project created in the C# language developed by Microsoft, programmed in a different way. Interesting information, isn't it? Thoughts may arise with this question but it's worth pointing out that I'm not saying that this is an important factor but we know how much this can mean and how things tend to follow in the process of ascension of this project. So, according to the development of the project, the idea is to prove that a centralized blockchain is also efficient when it comes to security and access to network data, and all of this without the need for distributed delivery, where centralization is the basis of all network distribution, ensuring speed and lightness as a whole. We can associate this project as a milestone for the crypto market where the biggest discussion is the decentralization of networks and their infrastructure in general, but this project was born to show that it's possible to centralize focusing only on a central node that shares and complements the entire network. What can we expect? Leaving the technical terms aside, this project is a great opportunity because it's opening the way in the opposite direction of the market and everything new is always welcome, becoming a direct entry option for governments, large corporations, financial institutions, companies of all sizes.
Is this bad?
No, this is very interesting because it makes the Xenophyte project a key entry point from the conventional world into the digital world.
What is Xenophyte?
Being a project developed using Monodevelop technology, a technology that allows developers to quickly write desktop and web applications on Linux, Windows and macOS, in compatibility with NetFramework making their language also accessible for Android and other operating systems where the access of these systems connect to your blockchain without the need for distribution; as it occurs in a decentralized network. So in connection with the introduction the idea is also to prove that it's possible to protect the network against ASIC's or 51% of your network. In practical terms Xenophyte is centralized cryptocurrency, where transactions, payments and interactions as a whole are processed and verified at a single central point.
The current proposal of the network is characterized in:
- Provide transactions, to be sent and received quickly, being only linked to the natural activity of users in sending transactions and not linked to mining activity.
- Linking each value of a total wallet balance to a mining block identification number to ensure that the value exists and is duplicated.
- Provide the user's total balance linked to a bulk mining quantity list without the need to synchronize all Blockchain data.
- Provide the history to its users, while encrypting the transactions where they can be read only by the users involved in a specific transaction.
Is the current network beneficial to society?
There is no doubt that the current network of the current Xonophyte project is beneficial to society and all this stems from the fact that institutions of all levels can enter and enjoy a network to understand and experience the process of a blockchain and there is nothing better to do this than using a centralized blockchain. Another important point is that it is an interesting network for those who want to learn about crypto because they will understand step by step the validation and distribution processes of a blockchain.
Segurachain decentralized version project(Xenophyte)!!!
This update is under development and is still in the process of testing and analysis by the developers. What is the idea?
The idea of this update is to provide the process of decentralized blockchain, where unlike the centralized network that was located in only one central point, the new network will interact and distribute at various points in the blockchain as it occurs in conventional decentralized networks. In practicality this will allow updates to occur without the need to edit the content of the blockchain.
Won't this update affect the purpose of the project?
Evolution is inevitable and we see recently what is happening with US banks and others that deny crypto as the new financial era. So decentralization is an evolutionary and natural process of centralization. At its core, the Xenophyte project will not disappear due to the fact that its purpose is still to deliver speed and security in its transactions.
Android Wallet? A different step...
Yes my friends, the Xenophyte project has its own mobile wallet and is currently located on the Playstore. In practice, this makes the project more accessible and makes it possible for mass adoption.
Xenophite Specifications:
Name: Xenofhite
Symbol: XENOP
Total Supply: 26 Million
Exchange:
In my opinion it's an excellent project to learn how the fundamentals of a blockchain work and its interaction and updating process. Its development is open and we can see the files on github and see how the process of a centralized network really works. In general, l my idea of this article is to highlight how important it's to have projects like this to show people and society in general that affirmations without practice is not the way where we see a centralized network in its development process and rise.
Despite being in a process of evolution to a decentralized network, its centralized network still continues to perform transactions and interactions in a normal way.
What can you conclude? We can conclude that there will always be new paths to follow.
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