Proximax ico

ProximaX is a propelled augmentation of the Blockchain and Distributed Ledger Technology (DLT) with utility-rich administrations and conventions. With a NEM.io roused blockchain layer at its center, a decentralized stockpiling layer through IPFS, and a P2P sight and sound gushing and informing layer controlled by PeerStream Protocol (PSP), ProximaX will empower a rich, across the board stage for more extensive cross-industry application and decentralized application advancement.

BLOCKCHAIN

ProximaX influences NEM innovation to give private and open blockchain, empowering anybody to join and take part in the system. A boost system will be executed to urge more clients to join and partake in the system.

Capacity

ProximaX is a capacity arrangement dependent on InterPlanetary File System (IPFS), a Distributed File Management System (DFMS) convention. Basically, it is a decentralized stockpiling system utilizing a shared disseminated engineering that opens up clients from the impact of any outsider stockpiling supplier. ProximaX will use PeerStream Protocol (PSP) to be given by PeerStream, Inc. The convention will give hub protection in P2P informing, online nearness, directing and constant spilling convention intended for verified off-chain correspondence channels between crypto characters.

Consensus

ProximaX will utilize multi-layered accord conventions for democratic, administration, reaping and to reward arrange hubs for contributing stockpiling and transfer speed assets on the system. ProximaX hubs, DApp designers, and substance makers will be compensated in XPX tokens dependent on their different plans of action on the stage. To keep up its honesty and worth, ProximaX steps up the game from conventional blockchain and presents simultaneous progressed and complex accord calculations with a blend of

1. Proof of Importance (PoI), consummated by NEM;
2. Proof of Storage (PoSt), for estimating distribution of distrbuted circle space,
3. Proof of Bandwidth (PoB), an exorbitant and all the more valuable item in conveyance of information and spilling media – in a side chain. Data transmission estimation is infrequently considered into standard blockchain extends as a reward metric to the hub workforce. ProximaX is changing that

Group: -

• Lon Wong
• Alvin Reyes
• Tim Chia
• Nicholas Watson
• Prasanth Chaudhury