INTRODUCTION The breakout of decentralised applications has done a little bit of good for users except that there is no way they can make use of their favorite existing applications that cannot be neglected. However, those decentralised application have their shortcomings in some wwys because of the centralised network they are under. So even the peer to peer operations are still done while the dapps are controlled by the centralised network. Now functionX has just been introduced to be the platform to withdraw the control the central parties have on decentralised applications. Now all the issues will be taken care of with the solutions and features it possesses.
WHAT FUNCTION X PORTRAYS
This platform has a use case of Shari economy with the ability to strengthen service providers in the DApp as it drives towards decentralisation that need no intermediaries in the operations between users. Then using the XPhone makes it all a complete package for users to know how to use, share or store up their data. The same thing will be done to creators of data in the ecosystem for them to be in control and have a knowledge of how their works are used.
CUSTOMIZABLE FEATURE
This is platform gives easy access to the customizing feature which of course will be done during the registration of the users. The unique identity created by the users makes them unique and able to easy personalise what is theirs. There is a name tagged to each node just like the DNS system but better off than the traditional system. With the NNS, function X will make users give themselves an identity that can be formed from either numbers or letters.
XPHONE CHARACTERISTICS
This platform makes blockchain calls, sms and mails possible. Users can use such services as provided by the XPhone. The service providers will benefit from it anyways but the services will be top notch. When profit is made.from such services, this platform allows the passing of such profits to those that matter and even to the service providers. This will reduce heavy billing and also help users achieve privacy with their calls and other confidential activities they perform in the community. For any fees, the f(x) coin is used and it override all other currency in the community. The coins makes them have bonuses when they own it.
HOW FUNCTIONX CONTROLS DATA USE AND STORAGE
Ethereum smartcontracts are used to develop the system and enhance the storage of data files. From this platform, users can get incentives and also get some earnings once they become used to its operations. Users with extra data storage space can easily lease them out for rental and get paid. It will be more better to be part of the early adopters to take advantage of this form of earning. The structure of this network has made it possible to have decentraliser storage without bordering about backup. This is due to the presence of the XPOS, the nodes and other infrastructures that protects the system. There will be no other setback in the course of dealing with data because that is the main reason for creating this platform in the first place and there is no way it will fall short of its objectives. The usecase for this network is quite more than what have been shared, it is a versatile platform with so much to offer with real practical applications.
Apart from being a decentration setup, it is also autonomous thus needing no supervision as it works. It can serve both individuals or companies well. It relies on the digital ledger for effectiveness and that is how the f(x) coin also function to allow its easy distribution, use and for other activities. The aim of the coin is to support the system and to be the legal currency through which all users can relate with the platform more intimately.
CONCLUSION
The team are a bunch of perfect individuals with a common interest. They are trusted with the activities and activeness of functionX so that they act as the initiators. They fight against all odds against the network and provide a fair community where all the stakholders can play their parts the right way. The team would see to it that the best set of players rise from the network even as they will monitor their growth. This platform need not to be enhanced because it is sufficient on its own just as it has been designed it to be. The team will not always be the backbone for a long time, they will only play this role for a while and when the platform is able to stand on its own they will allow it to thrive on its own effortlessly.
USEFUL LINKS
USEFUL LINKS
Website: https://functionx.io/#/
Concept paper: https://functionx.io/assets/file/Function_X_Concept_Paper_v2.0.pdf
Twitter: https://twitter.com/functionx_io
Telegram: https://t.me/functionx
Facebook: https://www.facebook.com/FunctionX.io/
Medium:https://medium.com/functionx
YouTube: https://www.youtube.com/channel/UCmS83bWNR43jwEOC6EJaOyw
Wallet Download: https://xwallet.pundix.com/