XYO - the first decentralized platform based on the world's cryptographic network

The need for a hard-to-maintain system to complement GPS has been known for years. GPS is very accurate and reliable, but clogging, spoofing, cyber attacks and other forms of interference seem to increase the frequency and severity. It has the potential to have a negative impact on our lives and economic activities.

What is XYO network project?

XYO Network (XY Oracle Network) is an abstraction that enables site verification layered across different types of devices and protocols. In essence, there is a new set of cryptographic mechanisms known as proof of origin and Bound Witness that connect the power of blockchain technology and real-world data collection in systems with direct applications. and also XYO Network does not approve of the world's first oracle protocol that allows two entities to transact in the real world without a centralized third party.

With the growing technology of the XYO Network platform connected, depending on our location, privacy and security is highly dependent on the accuracy and validity of the location information. Several attempts have been made to eliminate the need for centralized entities that control the flow of location data, but every effort depends on the integrity of the devices that collect this data in the physical world. XYO Network will propose a network of cryptographic locations without trust using a new formulation based on a series of zero knowledge tests to establish a high degree of data accuracy on location information. The oracle location falls into this category. The predictions of the physical world object depend on the components of the report, retransmission, storage, and processing of forecasts provided, all of which cause errors and can be damaged. Risks include data manipulation, pollution, data loss and collusion.

With a physical network consisting of unreliable nodes, it is possible to determine the accuracy of the data provided by edge nodes based on zeroknowledge knowledge evidence that two or more data are from the same source. Using this data set, combined with a set of similar data sets and knowledge of at least one absolute location node, the absolute location of another node can be determined.

Our platform system provides entry points into connected device protocols that provide great certainty to location data through a series of cryptographic tests. Users can issue a transaction, called a query, to retrieve location data on a chain block platform that has smart contract functionality. such as the following:

Sentinel

Sentinel watched the location. They observe data heuristics and ensure heuristic security and accuracy when creating temporary books. The most important aspect of Sentinel is to produce a ledger so it is known that other components come from the same source.

Bridge

Bridges is a location data transmitter. They safely sent the Sentinel ledger to the archivist. The most important aspect of Bridge is that Archiver can guarantee that the heuristic ledger received from the Bridge has not been altered in any way. The second most important aspect of a bridge is that they add additional evidence.

Archivist

The archivist stores the location information of the Bridge in a decentralized way with the purpose of storing all history books.

Fortune teller

Fortune tellers are the most complicated part of the XYO network. The purpose of fortune tellers is to extract the most accurate data for the XYO Network query and pass that data to the query editor. Guess what opinion from the prevailing blockchain platform (eg, Ethereum, Stellar, Cardano, IOTA, etc.)

XYO end-to-end network function

The workings of end-to-end component systems are:

Sentinel collects data.
Collect data from Sentinel.
Index archivists / Collect data from the bridge.
Diviner takes user request.
Diviner collects data from the archivist.
Diviner Formulate answers.
Diviner proposes Block.
The Diviner results back to the query initiator.
XYO network components are rewarded for their work.

TOKEN SALE XYO NETWORK

Specification Token XYO

Public token sales have a tiered pricing structure that starts at 1 ETH: 100,000 XYO and maximizes 1 ETH: 33,333 XYO.

Smart contract platform: Ethereum.
Contract type: ERC20.
Token: XYO.
Name Token: XYO Network Utility Token.
Token Address: 0x55296f69f40ea6d20e478533c15a6b08b654e758.
Total issues: Limited and limited to the amount achieved after the token's primary sale.

Determination of Token

5%: Support for an important ethereum platform project.
5%: overhead
15%: the operating platform of the Oracle Xy network.
35%: Engineering and R & D
40%: XYO network growth: marketing, strategy, partnership.

The XYO Token is allocated in accordance with XYO Network's long-term development objectives, which include financing of major Ethereum projects (eg Casper Protocol, Sharding, scale initiatives and site-specific blockchain projects managed by teams from smaller developments).

Platform partner

The XYO network works natively with the following smart contract platforms, as well as with other blockchain platforms with Turing-complete functionality.

When we talk about blockchain, they will use their own chain and it will be called XYO string. This will be an agnostic platform which means it can interact with all other chains. It will use the so-called oracle location and this is the number one million lighthouse. They are spread all over the world and will be used to provide data, for example, that will be transmitted to blockchain.

Access will be voluntary, you must choose whether you will use it. It will use zero-proof knowledge which is a way to provide authentication without exchanging personal data to keep everything private and secure. It will use heuristics, oracle, this location will be able to show the time, temperature and to obtain information from the real world and to send it back. Because they use blockchain, it will obviously be less reliable, personal if necessary and also a less important identity. Then, when you use it, you will not enter as yourself, you can be completely unidentified and anonymous. They use what is called proof of origin, what they call the transient key chain and the easiest way to explain the security of this device,

There are four major components in the network. The first is Sentinel, sentinel is a device that accumulates in nearby locations, environments and other XYO network devices and stores this information on top of digital books. It can also be used for heuristics, so you can see if it's clear, dark, and say any temperature. Then you have a bridge or data relay. This bridge forwards sentinel information to the public blockchain where it is stored in a string. Then you have file or data storage. The archivist stores the index information sent over the bridge and eventually has a forecaster or answer collector. Forecasters access information to verify locations or answer specific questions or questions that are challenged.