With over a decade n the development of blockchain technology, we have come far and have introduced several ground-breaking innovations in this field. It's true some innovations were outdone by others and that went soon obsolete while other projects evolved in isolation with specializing in blockchains that support some use cases better than what others can do.

With thousands of projects mushrooming up in blockchain sphere, there was a need to develop an integrated system that can imbibe the best of all that has been developed and can cater the interest and needs of a developer and a user within a single ecosystem. This will eliminate confusion and make it super-easy to onboard everyone on a single platform while reaping all the benefits invented by this technology until today. How great it could be!

Well, look no further. ProximaX is THE project that encompasses it all! ProximaX envisions a cohesive development offering every blockchain possibility worth offering on a single platform.

ProximaX Sirius Chain

With ProximaX everything is possible. It can support projects similar / better than
Facebook, Instagram, YouTube, Twitter, Steemit Amazon, Skype etc. Yes, you can use it to build your own blogging platform, micro-blogging platform, video streaming services and more. You can make any killer-app use case on ProximaX blockchain.

ProximaX is building a full-fledged blockchain platform that can facilitate universal application development and their seamless implementation on one platform. Yes, one platform for all!

ProximaX assembles all decentralized technologies and powers them with blockchain acting as the core to the tokenomics. The backbone of ProximaX to make all these possible is Sirius Chain. The building blocks of Sirius Chain are service units as smart contracts. This is actually a fork of highly successful NEM chain.

The core services include:
a decentralized encrypted storage through its unique DFMS i.e. Distributed File Management System.

Supercontract (Contracts that execute via a distributed manner with a pre-agreed consensus mechanism)

Sirius Streaming (pre-recorded or live streaming videos)

Speed and scalability (With 15 second block generation made possible as opposed to standard NXT's 1 minute time).

Sirius Database (to build hybrid architectures that can still access the core services of the public infrastructure though it's unavailable to public protocol.).

Mosaic (custom digital asset creation that can also be attached to a namespace)

Namespace is a plugin that creates a doomain name representation for a dApp or a business.

To incentivise the work and to secure the blockchain, ProximaX has a two layer token ecosystem.

XPX is its native token that is required to utilize ProximaX services.
XPX can be exchanged ofr different Service Units as needed to avail a service.
Service Units can be further classified as follows:
Storage units (SO) - One unit represents 1GB stored per month
Streaming units (SM) - One unit represents 1GB streamed between users
Supercontract units (SC) - One unit represents one supercontract code executed
Review units (RW) - One unit represents 1 XPX worth of paid content

All these service units and custom tokens generated through Mosaics can be traded and exchanged in ProximaX's Automated Inner Exchange

The basic consensus mechanism is achieved through the efficient and effective PoS (Proof of Stake) infrastructure. The node rewards are based on a reputation metrics that makes use of factors like funds, age and reliability of the node.

Aside this, ProximaX has an innovative PoG (Proof of Greed) protocol to limit and control the greed of putting higher transaction charges for validating block transactions.

Just like some pre-defined supercontracts, ProximaX platform also provides ready SDKs (Software Development Kits) for dapp developers. Applications can be made completely decentralized, semi-centralized, or completely centralized as per the need of dapp developers and managers. Dapp developers are free to use ProximaX core services directly or build their own platform for providing different core services according to their project needs.

In gist, ProximaX architecture is the most robust and all encompassing blockchain architecture that takes care of all developer and project needs.

It's highly configurable and supports both permissionless and permissioned environments for open as well as private bockchain. It's highly scalable with a bigger block size and faster transactions to handle large increases in user workloads and transactions. By combining both blockchain and prevalent off-chain distributed technologies, it reduces the barrier to onboard developers by providing them easy set of developer tools that doesn't require in-depth knowledge of blockchain tech. This protocol is highly secure, transparent and easy to use.

It has to its credit a wide range of user and enterprise level apps already. The apps range from offering of word processors, spreadsheets and presentations to secure file storage and sharing systems to note taking tools. It also has some apps that help in securing and providing sensitive personal data with permission and an app to assist forensic experts for accessing digital evidence easily. This is enough to prove that it's possible to onboard any kind of app on this system. In fact, it also supports the next big revolution of IoT (Internet of Things).

It would be good to see if this project also provides some offline assembly tools and programmable circuits to connect IoT enabled devices to plug in to this blockchain directly and interact seamlessly. Big data, Artificial Intelligence and Geo-spacing are the in-thing these days. All apps and dapps need to integrate some AI or robotic intelligence to automate as many tasks as possible without compromising on security and ownership. I hope some day scripting a code will be as easy as speech-to-text translation input!

There is no doubt ProximaX is the next big stepping stone in the evolution of blockchain technology and will help streamline and unify the scattered technologies into a single platform to deliver synergies and benefits to everyone.