Topic: XTblock is a hyper-capable network for a high-performance blockchain (Read 190 times)

Is XTblock’s Network Truly "Hyper-capable"?

“Hyper-capable” is not a buzzword. It’s the most apt way to represent the collective abilities of our network. For years, we have been working on solving the scalability issue in blockchain, and the greater the number of projects popping up in the ecosystem, the more pressing the issues have become. If you’ve ever done a transaction that was stuck for hours, and paid exorbitant fees, you know what we are talking about.

At the heart of XTblock, we have a network with massive capabilities and the potential to transform every industry in the world, while simultaneously creating a new decentralised Bot and AI computing economy. That’s what makes it hyper-capable. 

And the technology that qualifies the network as hyper-capable is based on XTblock’s unique concept of time-sharding, a powerful network architecture enhancement. This is what allows for high transaction speeds, massive scalability, low latency and other significant benefits. Essentially, by using time-sharding, we unlock a whole new world of capabilities, and make a multitude of new use cases possible, within blockchain and beyond.

Simply put, XTblock will remove the barriers to the widespread adoption of the blockchain, and make decentralised AI computing and bot computing a practical reality.

What is XTblock's Stress Test?

Stress testing (sometimes called torture testing) is a form of deliberately intense or thorough testing used to determine the stability of a given system. This form of testing is designed to overload the system and find the breaking point.
XTblock passed such a stress test for its network architecture in 2020, which proves its resilience, capability and reliability.

Another article, this time on Coincheckup!

There are several articles about our project online, and here’s another one we’d like to share. Today it’s a Coincheckup article titled "XTblock Set to Solve a Plethora of Blockchain Problems – and More"! It does a bit of a deep-dive into how we’re addressing the big challenges of blockchain scalability, speed and latency, and well as others beyond the realm of blockchain.

Want to see how our high-performance network can solve a whole spectrum of challenges?

📎 Visit the link to learn more:
https://coincheckup.com/blog/xtblock-set-to-solve-a-plethora-of-blockchain-problems-and-more

Why does XTblock have truly unlimited potential?

Blockchain uses a large infrastructure outlay including high-performance computers (CPU/ GPU/ RAM/ Storage/ Network) which, we have realised, are also good for algebraic calculations and fit for computing requirements for AI; however, existing blockchain implementations only use blockchain nodes and networks for the simple purpose of block verification.

XTblock’s core premise is that, by making the right system amendments intelligently and strategically, the same architecture, miners and infrastructure can be used for distributed problem solving (DPS), like AI computing services and Bot computing services.

As part of the results we aim to generate, by providing Decentralised Bot Computing (dBot) and Decentralised AI Computing (dAI) services, we also aim to create valuable Bots with distributed computing solutions, variably with or without AI solutions on our platform.

At its core, what we are building is a hyper-capable network. To facilitate the functioning of this network, a group of bots, i.e. a ‘bot set’, will help to create a wide variety of applications and services.

This could vary from a high performance blockchain network to decentralised live streaming services, AI computing services, bot computing services and a great deal more.

The possibilities are virtually limitless!

Why do we believe the future belongs to XTblock?

There are many reasons, such as powerfully enabling decentralised AI and decentralised bot computing with our hyper-capable network. But let’s tackle the matter of supercharging blockchain with our network first.

According to PwC, blockchain technology has the potential to boost global gross domestic product (GDP) by US$1.76 trillion over the next decade. However, in order for the blockchain  to be widespread, it is important to deal with some growing pains first. So, what are we talking about?

Problems with scaling — most of the modern blockchain platforms are incapable of handling a high-volume of transactions as the rate of adoption continues to soar.

Cost of deployment and application development can be prohibitive and vary greatly, based on individual users’ and enterprises’ requirements. 

While a few blockchain platforms like IBM’s which uses the Hyperledger framework, and Ethereum, are working hard to address these issues, XTblock is already set to address these challenges.

What’s also important is that our project doesn’t solve just blockchain’s scalability issues, but can provide a powerful alternative to legacy IT networks at a global level as well.

Our 4-week long price-stabilised IDO is now LIVE!

The time has come to make history with us, as we head for the stars.

Make your move and get your share of XTT-b20 tokens now!

We are ready to swap on PancakeSwap. Visit www.XTblock.io

Our IDO starts tomorrow!

Visit www.xtblock.io to link straight to Pancakeswap if you’d like to get a hold of some XTT, and tell everyone you know about it!

XTblock is going to be huge, don’t miss your opportunity.

Btw, we are the first project to launch an IDO with a clever pool-balancing bot that will maintain the rate at 0.51 BUSD per XTT for four weeks!

Or go to https://binosaur.finance/swap our DeFi platform for the XTT community – you can swap our tokens here, and our farming pools are coming soon!

Atozmarkets About XTblock!

Another article about our project! Today it’s an Atozmarkets article titled "This Could Change Everything"!
And it’s true, because our hyper-capable network will supercharge blockchain, AI, not computing and more.

Visit the link to learn more about us: https://atozmarkets.com/news/xtblock-a-hyper-capable-network-to-supercharge-blockchain/

What is "The dBot Economy" by XTblock?

Our network’s super-computer architecture, as well as other enhancements, will help enable a high-performance blockchain, decentralised AI and bot computing, as well as a potentially limitless stream of significant use cases.

As part of the results we aim to generate, by facilitating Decentralised Bot Computing (dBot) and Decentralised AI Computing (dAI) services, we also aim to create valuable Bots with distributed computing solutions, variably with or without AI solutions on our platform. We call this “The dBot Economy”.

At its core, what we are building is a hyper-capable network. To facilitate the functioning of this network, a group of bots, i.e. a ‘bot set’, will help to create a wide variety of applications and services. The possibilities are virtually limitless.

What's next for our decentralised live-streaming solution?

We have spoken about how one of the applications for XTblock lies in creating a decentralised live-streaming video platform, but what makes this solution different?

Blockchain uses a large infrastructure outlay including high-performance computers (CPU/ GPU/ RAM/ Storage/ Network) which are also good for algebraic calculations and fit for computing requirements for AI; however, existing blockchain implementations only use blockchain nodes and networks for the simple purpose of block verification.

XTblock’s core premise is that, with system amendments, the same architecture, miners and infrastructure can be used for distributed problem solving (DPS), like AI computing services and Bot computing services.

But it doesn’t stop there – our network will have a much wider range of applications. What this means is that, beyond a high performance blockchain network, AI computing and bot computing, a powerfully decentralised live-streaming service is also possible, among many other very diverse use cases.

With the test of our decentralised live-streaming toolset already completed successfully, the next phase is related to deploying our live-streaming tech on our XTblock network, and the debut of our decentralised live streaming platform, version 1. Stay tuned, and visit our website https://xtblock.io to learn more.

iHodl article on XTblock

ihodl.com recently published an article about our project – and we’re excited to share it with you! José Rodríguez dove deep to understand what we’re building and the many positive implications it has for technology and industry at large. The article also touches on how crypto and blockchain can be enhanced by the capabilities of our network.

Check it out here: https://ihodl.com/analytics/2021-08-30/xtblock-envisions-use-its-hyper-capable-network-transforming-entire-industries/

Information about our token: Frequently Asked Questions

We continue answering quick questions about our project, and this time, specifically about our token.

What is the token ticker?

Currently, it is XTT-b20 on BSC, XTT-e20 on Ethereum. At a later date, it will be XTT on our Mainnet.

What is XTT?

XTT will be a protocol & utility token on our mainnet. Its issuance is to enable users of the XTblock network to avail and use services on the platform.

How will the XTT token be used?

XTT is designed for users of XTblock to avail and use such services on the platform as:

🔹 Access to the services and products offered by XTblock;
🔹 Network node requirement: A staking method for being a node of the network;
🔹 Participation in XTblock’s ecosystem governance as a voting right;
🔹 Protocol changes and upgrades;
🔹 Parameter changes;
🔹 Roadmap or Tokenomics adjustments;
🔹 Other governance options that could appear;
🔹 DeFi: Swapping, Staking, Farming, Lending, NFT Exchange (but not just limited to these);
🔹 Network and storage fees

The XTT token will fuel our platform: all XTblock services will be served in exchange for XTT!

FYI – Our official IDO will be on PancakeSwap and is scheduled for 15 September, 2021. Pair: XTT-b20/BUSD

🔺 You can always find more information about our token in our Tokenomics: https://github.com/xtblock/tokenomics

What you wanted to know: competitive advantages of XTblock

What makes our project stand apart? You need more than just a genius idea with the potential to change the world – and those changes need to be specific, truly catalytic and practical!

Let’s start with the most important bit: XTblock's hyper-capable network. At the core of our tech, time-sharding is our uniquely powerful enhancement to network architecture that enables true scalability, low latency and high transaction speeds. Combined with the technique of time-sharing, it sets the stage for a whole new dimension of capability across blockchain and beyond. This means it can plug into virtually any industry and bring about massive computational and other benefits to these industries.

Importantly, the XTblock network will also be able to enable two critical and high-potential realms of technology: Decentralised Artificial Intelligence and Bot computing.

We don’t know of any other project that has the same combination of capabilities and goals as we do.

XTblock reliability and security: frequently asked questions

Have questions about our reliability and security? Here are some answers:

Is this project contract safe? Has the project passed an audit?

Our Token contract and Token Locker contract passed MythX's audit, but we decided to go the extra mile. We received ‘Secured’ and ‘Well secured’ results in 2 additional audits by Hacken, one of the world’s leading cybersecurity service providers.

Do you have a Github repo with the code?

Sure. You can find all the necessary information on the project’s Github page. Simply visit https://github.com/xtblock

Who’s behind the project?

XTblock is led by a passionate team on a mission to revolutionise blockchain, AI computing and bot computing from the ground-up. More information on our team can be found in our White Paper: https://github.com/xtblock/whitepaper/blob/main/XTblock-WhitePaper.pdf

Where can XTblock be applied? What are some of its use cases?

Being a hyper-capable network, XTblock aims to deliver not only a high-performance blockchain but also the ability to decentralise artificial intelligence and bot computing.

Have a look at our roadmap, which lists what we are in the process of developing, i.e. various scientific and commercial use cases, which will demonstrate the performance and real-world viability of our technology.

Our plans include:

Launching a decentralised live-streaming video platform;

Developing a decentralised market analysis bot, as well as a decentralised trading bot;

Launching a dApp development terminal and implementing a speed package subscription model;

Launching our DEX alongside an NFT marketplace.

This is only the tip of the iceberg, and these use cases are intended to demonstrate that our technology can be applied to virtually any industry. There’s lots more, besides.

In summary, some of our key milestones are various applications within the realms of decentralised finance [DeFi], decentralised AI computing, decentralised Bot computing, decentralised live video streaming, an NFT marketplace, crypto market analysis bots, crypto trading bots and more.

In a nutshell, how will XTblock address the problems facing blockchain today?

It's no secret that blockchain technology has tremendous potential. But let's face it: it has a plethora of issues that make using it that much more complicated, and often impractical. For example, limited scalability leads to overall slow transaction speeds and higher fees.

Do you recall August 2020, for example, when the Ethereum network suffered issues that led to stratospheric fees and glacial transaction speeds? This is just not sustainable in the long term.

XTblock seeks to deliver solutions that will effectively tackle the problems that continue to plague the blockchain industry – namely limited scalability, high latency and low transaction speeds. Our unique time sharding architecture, as well as several other enhancements have been designed and developed to solve these problems. Importantly, XTblock's hyper-capable network will also be able to enable two critical and high-potential realms of technology: Decentralised Artificial Intelligence and Bot computing, which opens up a whole new universe of possibilities.

Thanks for the support! Thank you for your interest in the project!

From the technical point of view this project sounds so complicated. Even after I read some basic information it wasn't easy to imagine what this project will bring to people But anyway new technologies is good, so good luck to the team

XTblock’s plans for the near future

If you are subscribed to XTblock on social media, you might have read something about our project, but do you know of our plans for the near future?

XTblock will deliver an innovative, powerful and hyper-capable network that can help create a high-performance blockchain, and enable decentralised AI computing and decentralised bot computing.

Here’s a glimpse of some of the goals on our roadmap:

Launch of our own decentralised live video streaming service;

Launch of our own crypto market analysis and decentralised crypto trading bots;

Launch of our decentralised computing platform to support decentralised applications with decentralised AI Computing and Bot Computing services.

Launch of an NFT marketplace and our own DEX (Decentralised Exchange).

You can review the rest of our roadmap on our website, https://xtblock.io

The future belongs to decentralisation technologies

Thanks to non-stop innovation, ever-improving technology, and decentralisation, cryptocurrency provides tremendous opportunities.

In one of his reports, Mitch Steves, a Royal Bank of Canada analyst, noted that financial market decentralisation is here to stay. The technology is what enables us to make transactions quicker, and in a more secure and transparent way.

The main benefit of decentralisation is the lack of a central authority, a proverbial administrator who can decide who gets to participate and who doesn’t. In decentralised projects everyone is equal, which makes them much more reliable. These days, the number of decentralised projects and protocols is growing rapidly, and with it, the load on the blockchains that host them (more often than not it is Ethereum). This is where XTblock comes in. We are big believers in decentralisation, and will deliver a hyper-capable network that will help enable a high performance blockchain, decentralised AI computing and decentralised Bot computing.

Imagine for a second: true blockchain scalability... advanced DeFi applications...cutting-edge tech to catalyse entire industries... this is the future, and it starts right here!