Good project, very informative whitepaper. Reading it I realized that IOTA hadn't had a consensus algorithm at all - just a DAG database with centralized server called the coordinator which decided in case of double spend and they were hoping find a solution - LOL! The good thing is that they recently invented new consensus algorithm which should implement very soon.
Talking for IOTA , I would like to highlight that this (in Tixl's whitepaper) is not the true though
Last but not least, Tixl makes usage of quantum secure cryptography, which is not used by any other
competitor.
as I know IOTA's transactions are quantum resistant so may be you should mention it in the white paper in the sake of objectiveness. IOTA's transactions are not private though so it is not direct competitor of Tixl.
Thanks for the feedback on our whitepaper. You are right, the quoted sentence is a little misleading and should be written differently. We will include that in our next whitepaper update.
I want to give you an idea because really like your project and will invest in it. Will be possible to use DHT to store your DAG structured database in order to reduce storage requirement for nodes and to remove the need for huge historical nodes?
Using a DHT might be an option in the future but we are not considering that for our prototype or first release.
Another idea is to change this name - tixl does not sound as currency. Brainstorm it and choose anotherone because later will be harder (for example raiblocks->nano). This is subjectivly anyway, may be only I don't like it, make a poll.
Actually, the feedback regarding our name was very positive by now. You are the first one who doesn’t like it. Or at least you are the first one mentioning that publicly ;-) However, we appreciate the feedback and will have that in mind in case we get more feedback on our name in the future.
One question, what this means in more details please
Last but not least, Tixl can only succeed if as many people as possible use TXL for their payments.
The last sentence is also not really satisfying anymore and is likely to be removed in the next whitepaper version. It just means that Tixl can only become a successful project if people are really using it (which is kind of obvious).