Author

Topic: [ANN] Why.com: AI-powered mobile cryptocurrency (Read 2085 times)

newbie
Activity: 10
Merit: 0
luv this guys, congrats!
newbie
Activity: 26
Merit: 0
We have great respect for Bitcoin community and acknowledge its foundational role in transforming finance and technology. However, with the rapid influx of new entrants in blockchain and evolving forms of digital assets, it’s worth revisiting where Bitcoin stands today and what its future holds.

As we enter 2024, we’ve taken a fresh look at Bitcoin’s current position and its path forward in a landscape that’s growing ever more dynamic. We hope this analysis brings value to the community and sparks thoughtful discussion.

Enjoy the read!

Project Why Team


Bitcoin: Satoshi’s Memetic Revolution


Abstract

Bitcoin is often heralded as “digital gold” and a decentralized alternative to traditional currency. However, its extreme price volatility, lack of meaningful peer-to-peer adoption, and dependence on speculative investment instruments like ETFs raise concerns about its long-term viability as a true store of value or practical currency. This whitepaper critiques Bitcoin’s narrative as “digital gold” and argues that it functions more like a speculative asset or “memecoin,” dependent on hype and hope to sustain its market.

https://x.com/whydots/status/1854937524621525263

newbie
Activity: 26
Merit: 0
Hello all who have been following our journey  Cool

We are proud to announce our Tap 2 Earn mobile app has entered final QA testing. We should have it in the hands of users before the end of the year.

Our team is working tirelessly to bridge the gap between industrial mining like BTC & user "Proof-of-Participation" like Project Why will accomplish via a mobile app.

The token distribution model will rival the most fair for a layer-1 since Bitcoin with team allocation similar to Satoshi and majority of the rest of the tokens will be available to anyone with a cell phone to mine.

Feel free to contact team at Discord if interested in beta testing mobile app before launch.

Discord: https://discord.gg/dwj2ynqhGw

Project Why
newbie
Activity: 26
Merit: 0
Xana is now Why.com!

Network migrated (testnet): http://why.live/explorer/home

Updated litepaper:https://docsend.com/v/b4bcc/why_lite

Updated pitch deck (available upon request).

Twitter: https://x.com/whydots

Discord (same): https://discord.gg/dwj2ynqhGw

Have a good weekend everyone!

newbie
Activity: 26
Merit: 0
We are proud to announce we have completed a month-long effort to rebrand project.

Nothing changes in terms of angel investors, mobile app development or roadmap but our terms allow us to market as Why.com!

LFG!
newbie
Activity: 26
Merit: 0
We are excited to announce a development update for a “tap-to-earn” mining phase, set to roll out in the fourth quarter of this year. This feature will allow users to "mine" Xana with the Android mobile app through a simple tap interface.

Key Features (testnet):

•    User-Friendly: Designed for everyone, making the mining as simple as tapping a button.

•    Proof of Participation: Open to entire community, this will be our first opportunity for users to engage our testnet.

•    Security: Built on Xana’s network, ensuring all transactions are secure and transparent.


How It Works:

Users will be able to download the latest version of the Xana Android app and can start "mining" by simply tapping a button. The system leverages Xana's network to validate transactions and reward users in real-time.


Benefits:

•    Rewards: Users receive Xana (testnet) without the complexity or overhead of traditional mining setups.

•    Community Growth: Encourages more users to participate our testnet and stress the system.

•    Education: Introduces Xana to users in an engaging and accessible way.
newbie
Activity: 26
Merit: 0
Technical Roadmap:

Xana aims to develop an advanced cryptographic system that leverages Learned Index Structures (LIS)—statistically learned models that optimize database indexing through machine learning techniques. These structures are utilized to construct Large Index Models (LIMs), enabling Xana to deliver a flexible, high-performance infrastructure that integrates with a distributed system architecture.

Proposed Architecture:

    •    Unified Data Representation: Xana’s innovative architecture will allow for seamless integration across heterogeneous databases and datasets, eliminating the traditional silos seen in cross-platform data interactions. By leveraging LIS-based models, Xana enables more efficient querying, indexing, and retrieval of blockchain data.

    •    Optimized for Onchain Assets: Xana’s initial market application focuses on the digital assets and blockchain space, where it addresses critical issues like fragmented liquidity, cross-chain compatibility, and security risks associated with bridging between chains. The system achieves non-fragmented liquidity across decentralized applications, ensuring assets are easily accessible without requiring intermediaries or bridges, thus eliminating zero-bridge risk.

    •    Minimal Latency in Cross-Chain Operations: The architecture also minimizes latency in inter-blockchain transactions by employing Dynamic Trilemma Optimization (DTO). DTO dynamically balances the blockchain trilemma (scalability, security, decentralization) by aligning the infrastructure and application layers with Learned Index Structures, resulting in an optimal trade-off in real-time based on current transaction loads and network conditions.

    •    Distributed System and Mobile Node Integration: Xana operates with an integrated node architecture that enables transaction validation and processing to be distributed across a scalable network of participants.
newbie
Activity: 26
Merit: 0
Validator node instructions available in Discord!
newbie
Activity: 26
Merit: 0
Ignore the anticipated FUD. Mostly from founders of unsuccessful projects looking to hate on something new. Team has not launched any tokens anywhere. Including Xana.

Feel free to drop by Discord to engage community.

Blocks are being produced. You can click "Transactions"

http://xana.network/explorer/transaction/44743OYZ6J4XTU3OAYAYSEBDFOOKB5D4V4ZE2NQFS4TOI7B6FWFA

Hope this helps!

Team Xana
newbie
Activity: 26
Merit: 0
don't trust anyone endorsing this one, it's a side scam that is probably connected to the 'team' that is running a few x11 artificially pumped scams on xeggex
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
We just crossed 1M blocks produced on testnet

Check it out Xana Explorer  Cool

it shows zero transactions though, can you check maybe a glitch or some technical error.
newbie
Activity: 26
Merit: 0
Our architecture supports cryptographic participation keys that is inserted into a VRF via a mobile device.

This is all detailed in our litepaper: https://docsend.com/v/b4bcc/xchain

In terms of fairest chain since BTC, we are developing our initial distribution that will be definitely satisfy this requirement.

Join our community to follow along.
sr. member
Activity: 1274
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
Xana: An idea whose time has come

Bitcoin is unique and revered for its immaculate conception, creating a revolution and open financial network that is borderless, fair and functionally immutable.

We propose an updated payment protocol that solves distribution through "Proof of Participation" and is fully compatible with modern mobile devices.

Also, we welcome Sybil attacks due to a modular design and data availability sampling that with will scale the blockchain and allow it to run smoothly on phones.

Please review project at: https://docsend.com/view/5frhfza5b68dyatv

Xana is an evolution in cryptocurrency involving a verifiable random function consensus mechanism, data availability sampling & proposed private features. It solves fair distribution and ushers in a mobile era for block production and rewards.

Join our journey early and contribute to the next step in decentralized and fair money.

Team Xana
https://xana.org



It's interesting to see how ambitious you are first of all going with the narrative of the fairest layer 1 since bitcoin. Another thing I noticed which I am impressed but still find it a bit difficult to accomplish is the mobile agnostic blockchain participation.

How do you intend to achieve hosting a network on a phone while the phone is still functioning optimally on its day to day operations? I'm assuming any phone that would be doing a proof of participation on the network is likely going to be idle and can't be used to do anything else due to the intense computation power it may need to process other stuff.

If you can throw more light on this, I believe members of this forum will appreciate that a lot.
newbie
Activity: 26
Merit: 0
And we would like to thank everyone who participated in our successful private sale last month.

Good things to come! BTC

newbie
Activity: 26
Merit: 0
We continue building and delivering value to community.

Team is super excited about direction project is headed. Stay tuned!
newbie
Activity: 3
Merit: 0
SCAMMING 101
newbie
Activity: 26
Merit: 0
Major announcement coming soon....BTC

https://discord.gg/dwj2ynqhGw

newbie
Activity: 26
Merit: 0
Yes, we know. Just wanted to give everyone a heads up.
newbie
Activity: 26
Merit: 0
Please note, details for private round are only available via team account on Discord.

All other inquiries are not to be taken as legitimate. Thanks & be safe!

Team Xana
newbie
Activity: 26
Merit: 0
We are proud to announce our testnet Android app is now available!

Early investors are given priority access.  Roll Eyes

If interested in supporting our project, come by https://discord.gg/dwj2ynqhGw and team will accommodate.

Team Xana
newbie
Activity: 26
Merit: 0
Thank you, more to come!
newbie
Activity: 26
Merit: 0
We just crossed 1M blocks produced on testnet

Check it out Xana Explorer  Cool
newbie
Activity: 26
Merit: 0
Public testnet on Android app coming soon...  Grin
newbie
Activity: 26
Merit: 0
Thanks cetiss, everyone is always welcome to come to the Discord and ask questions.

https://discord.gg/dwj2ynqhGw

Have a great weekend everyone!
newbie
Activity: 10
Merit: 0
Xana's Proof-of-Participation (PoP) will verify cell phones to qualify for token distribution.

Here’s how it works:

Key Generation:
Each participant (e.g., cell phone owner) generates a key pair (private key, public key) when downloading Xana mobile app.
The public key is shared within the network, while the private key remains confidential.

Input Collection:
The unique identifier of the cell phone (IMEI number or other unique identifier) is used as the input for the VRF.
This identifier will be combined with a timestamp to prevent replay attacks and ensure freshness.

Random Output Generation:
Each participant uses their private key and the unique identifier to generate a random output and a proof using the VRF.
The function will look like: ( \text{VRF}_{\text{PrivateKey}}(\text{IMEI} + \text{Nonce}) ).

Distribution Calculation:
The random output determines the winner of tokens each block.
The distribution algorithm ensures fairness (lottery-based).

Verification:
Anyone in the network can use the proof to verify the legitimacy of the random output and the token distribution.
The verification ensures that the distribution is fair and cannot be manipulated by the participants.

Consensus Mechanism:
Participants collectively agree on the token distribution by verifying the VRF outputs and proofs.
The consensus protocol ensures that the distribution is transparent and tamper-proof.

Key Advantages:

Security: The use of VRFs ensure that the distribution is unpredictable and cannot be manipulated.
Fairness: Using unique identifiers like IMEI numbers ensures that every participant has an equal opportunity
Transparency: The verifiability of VRF outputs allows for transparent and trustless verification by anyone in the network.
Decentralization: No central authority is required to manage the distribution, making the process decentralized.

Considerations:

Privacy: ZKPs are being considered to protect IMEI numbers so that they are used in a privacy-preserving manner.
Scalability: Xana protocol is scalable to handle a large number of participants.
Security of Private Keys: Participants must securely manage their private keys to prevent unauthorized access.

By leveraging VRFs and cell phone unique identifiers, Xana consensus protocol fairly distributes tokens over time, enhancing the security and fairness of the network.
newbie
Activity: 10
Merit: 0
there's a good litepaper on their website xana.org

also a ton of info in the discord bro  Shocked.

i copied from #technology channel:

xChain’s Two-Layer Cryptographic System

Cryptographic Framework:

Our protocol utilizes VRFs to provide secure, random number generation that is essential for cryptographic guarantees. The two-layer system involves the creation and management of node operator & end user participation keys, enhancing the security and reliability of the network.


Ephemeral Key Generation:

Both archival nodes and mobile end users can generate ephemeral cryptographic keys, referred to as “alpha strings.” These keys are linked to unique hardware identifiers such as IMEI (International Mobile Equipment Identity) and MAC (Media Access Control) addresses. This linkage ensures the validity of each participant’s physical hardware within the network.


Proof-of-Participation (PoP):

The participation keys are utilized to validate PoP. The Xana consensus mechanism is designed to confirm active and legitimate participation in the network. This validation process helps maintain the integrity and security of the network by ensuring that only genuine users can participate in consensus activities and limits the advantages of operating a bot network.


Network Scaling:

As the network scales, both in terms of nodes and user base, the protocol naturally adjusts its difficulty. This adjustment is expressed in the block reward lottery mechanism, where increasing protocol difficulty raises the cost for potential malicious activities, thereby discouraging such behaviors.
newbie
Activity: 78
Merit: 0
It would be great if you provided more details about your project here. You should provide us with more information than just links to unverified and less than transparent documents.
newbie
Activity: 26
Merit: 0
If you would like a sneak peak of our internal testnet, drop by the Xana Discord https://discord.gg/dwj2ynqhGw

We are working on developing our android app for public testnet. Exciting times!

Team Xana
newbie
Activity: 26
Merit: 0
Confirmed, we have a private beta, followed by a public testnet in a week or so!
newbie
Activity: 10
Merit: 0
just saw update on twitter, looks like public beta is comign soon

dont sleep yall
newbie
Activity: 26
Merit: 0
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
newbie
Activity: 10
Merit: 0
cool stuff guys. saw twitter tagline, fairest block reward distribution since Bitcoin

that would be game changing



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.

[moderator's note: consecutive posts merged]
newbie
Activity: 26
Merit: 0
Thank you for your interest. We are working on a Q3 devnet. In the meantime, we are sharing project for feedback.

Join us and provide your perspective. Constructive conversations are happening.

https://discord.gg/y5uhabCRea



Happy Halving Day. Join us for a celebration



It has happened. Block reward reduced



Xana will be the first fairly distributed blockchain since Bitcoin. Read more about our "Proof of Participation" lottery via VRFs

https://docsend.com/view/5frhfza5b68dyatv




Excellent feedback and support from this community. The team is more than inspired and motivated in pursuit of our mission. Stay tuned!



Come discuss future of crypto https://docsend.com/view/5frhfza5b68dyatv



We just got Xana Foundation verified on twitter (gold check mark) and will provide weekly updates!

Please follow us https://twitter.com/xanaorg  Roll Eyes

Also, community is forming fast on Discord: https://discord.gg/zdyczVf3vf

Xana Team

[moderator's note: consecutive posts merged]
newbie
Activity: 109
Merit: 0
This project has only one well-written homework and not a single line of code to begin with! What is the purpose? Looking for developer support or just sharing an idea? Give a little more information.
newbie
Activity: 26
Merit: 0
I believe it linked to team profile

But just created a server here https://discord.gg/y5uhabCRea



Add some channels, let's kick off a lively discussion on "Proof of Participation."



We are gathering a nice community. Check out litepaper and be part of something great. You are early!

https://xana.org

https://discord.gg/y5uhabCRea



Wanted to thank community for all the support.

Our "Proof of Participation" will change crypto. Excited to have everyone on this journey!

https://xana.org

[moderator's note: consecutive posts merged]
newbie
Activity: 39
Merit: 0
Why discord invite is not working on your website ?
newbie
Activity: 26
Merit: 0
There is 20 page litepaper on hosted on docsend.

https://docsend.com/v/b4bcc/xanaorg

Happy to respond to any questions after review.
newbie
Activity: 22
Merit: 0
Yess I agree, this is what olacoin tried to do and that coin is just a failure. Giving a discord and more descriptive details here would prove to be more beneficial.
jr. member
Activity: 148
Merit: 1
You should provide us with much more information than a link to an unverified document.
newbie
Activity: 26
Merit: 0
Why.com: Question everything!

We have merged with Why Inc. (formerly xana.org)

Bitcoin is unique and revered for its immaculate conception, creating a revolution and open financial network that is borderless, fair and functionally immutable.

We propose an updated payment protocol that solves distribution through "Proof of Participation" with a Tap-2-Earn mobile app.

Also, we welcome Sybil attacks due to a modular design and data availability sampling that with will scale the blockchain and allow it to run smoothly on phones.

Please review project at: https://docsend.com/v/b4bcc/why_lite

Testnet: http://why.live/

AI answer engine: https://why.com

Why.com is an evolution in cryptocurrency involving a verifiable random function consensus mechanism, data availability sampling & proposed private features. It solves fair distribution and ushers in a mobile era for block production and rewards.

Join our journey early and contribute to the next step in decentralized and fair money.

Project Why
https://why.com



Jump to: