What is DxChain
The slogan for DxChain is “BIG DATA MEETS BLOCKCHAIN” but what does this mean?
DxChain aims to build a computing centric blockchain. It will be a decentralised network, which can handle big data, and leverage the power of machine learning across a decentralised landscape.
DxChain are having an ICO, and if youd like to check them out. I suggest you head over to their telegram group where the admins will be on hand to help, the instructions are well documented in the announcement channel! But ive also linked their steemit article below with a step by step:
https://t.me/DxChainBot?start=n6vzik-n6vzik (my referral link if your decide to sign up, and found this article useful)
https://steemit.com/blockchain/@dxchainnetwork/kyc-and-whitelist-scoring-system-part-two
What makes DxChain stand out from the crowd?
DxChain will consist of a master chain, as well as two side chains. This will help them scale much more robustly than other blockchains. One chain will be responsible for computing, the other data! Both will be confirmed by the master chain! This is a much needed improvement in blockchain technology, not so long ago Ethereum was brought to its knees, by the notorious dAPP crypto kitties! As the Ethereum network is only able to handle 14TPS, it is subject to bottle necking! Its good to see projects such as DxChain tackling these issues head on!
Provable Data Computation, or PDC. As the DxChain network is completely decentralised. There will be no questions as to the computing power, as it can all be verified by the public ledger. This is networks are leveraging the power of blockchain.
Furthermore, DXChain will incorporate Hadloop to make machine learning and big data more efficient. As well as support business data, as they require.
Use case's for DxChain
Healthcare, and patient confidentially are extremely sensitive issue's. DxChain will be able to encrypt data as well as store it in a secure fashion. This data can then be used to facilitate machine learning in this industry, to better monitor and understand patients health and vital signs.
Developers will also be able to build ontop of DxChain. According to their website, they intend to support the smart economy. Where developers from different industries will be able to leverage DxChain. These use case’s include smart cities, data can be collected from the abundant devices out there and used in their machine learning algorithm.
Token Metrics
Amount Raised 17.5 million in the private sale, and 4million is allocated to the public sale.
Price for Private sale participants was 1 DX =$0.0009 and in the Public sale it will be $0.0014.
This may seem like a poor deal at a first glance, but Public sale Contributors will have no lockup!
Where as the private sale investors will only receive 25% of their tokens up front, as well as an additional 25% every 3 months after that. Until they receive their full allocation after 12 months.Others may not share my views but I think this makes the project extremely bullish for public sale investors!
If we take a look at QuarkChain which had a similar token strategy it done a 15x at launch. Therefore I think this is fair compromise from the Team!
Public sale is expected to take place in late July or early August! In order To give yourselves the best possible chance of participating in this ICO I suggest you head over to their medium article, that I have linked below. It shows you the ways in which you can increase your score, and enhance your odds at being selected and able to participate in the DxChain
Public sale.
Good Luck if you decide to white list, I would greatly appreciate anyone who uses my referral link!
https://t.me/DxChainBot?start=n6vzik-n6vzik
Thanks for reading
Disclaimer : All investing is speculative. This isn't financial advice. Just one man's opinion of a complex fractal world with infinite variables, affecting the system, at exactly the same time.
If you like to find out more about DxChain, you can find information across their social media links!
Website: https://www.dxchain.com/
Telegram: https://t.me/dxchain
Medium: https://t.me/dxchain
Facebook: https://www.facebook.com/DxChain-179719632741800/
Youtube: https://www.youtube.com/channel/UCNIWZiYjMKVjF1LIY9uIslg