The announcement, published as an addendum to the xx network Whitepaper, adds detail and clarity to the economic incentivization of stakeholders within the xx network ecosystem. Network token economics address how the decentralized xx network will align the interests of stakeholders such as node operators, dApp developers, and ordinary users. Members of the public can read the updated whitepaper at xx-coin.io.

"The xx coin is a digital currency designed to support and incentivize the decentralized ecosystem of the xx network," said David Chaum. "The token economics of the xx network are a critical building block of our strong foundation to assure longterm privacy, usability, and security. We are excited to share these details with the community."

To promote public understanding of the xx network, xx coin, and token economics, the xx network team is currently hosting an eight-part series of free webinars. Community members can register to attend the webinars, ask questions, and provide feedback via the Praxxis website.

This token economics announcement comes soon after the release of the xx network Whitepaper and technical documents published by Elixxir and Praxxis. Elixxir technology enables the xx network to provide unprecedented privacy protection by shredding user metadata. Praxxis technology provides the xx network with its xx coin currency and a consensus protocol which incorporates endorser sampling, linear scaling, committed randomness, and compact endorsement signatures to deliver efficient quantum security.

About David Chaum:
David Chaum is widely known for inventing the first digital currency, e-Cash, in the early 1980s, which he later deployed in the 1990s at his company DigiCash. He has also recently been credited with proposing the first decentralized blockchain as his PhD dissertation at Berkeley in 1982.

About xx network:
The xx coin is a digital currency that will support decentralized messaging, payments, and dApps on the xx network. The xx network was designed in response to growing public concern for user privacy as well as the emerging threat of quantum computing. The Elixxir cMix network layer provides groundbreaking privacy and security by shredding user metadata. Praxxis provides a denominated coin structure that breaks payments into individual coins to provide privacy, and distinctive hash-based cryptography, which is secure against attacks from current nation-state adversaries and future quantum computers.

About Praxxis:
Praxxis is a digital currency and a consensus protocol underpinning a full-stack blockchain. Praxxis has been designed and developed by WBM Corp. Led by William Carter, WBM Corp. is one of the first companies officed in the Cayman Enterprise City in the Cayman Islands. Carter is a computer scientist with an extensive systems design background gained working in the blockchain space, in optics R&D, and earlier at JPL in Pasadena. The WBM team is made up of cryptographers, developers, operational personnel, and marketing professionals. Early work on the Praxxis chain was conducted at Privategrity Corporation in the Los Angeles area.
praxxis.io

SOURCE Praxxis

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Chaineum :
Fondée en 2015, Chaineum est une boutique STO offrant une expertise de premier plan en matière d’ICO et STO, avec une vision stratégique orientée tant vers le métier de ses clients que sur la technologie blockchain. A ce titre, Chaineum a participé à la mise en œuvre de bonnes pratiques dans le secteur (ICO Charter, Security Token Network).
La division services blockchain de Chaineum, développe la technologie Chaineum Segment, une blockchain privée orientée objets.

About Chaineum:
Founded in 2015, Chaineum is a STO Boutique with a strong expertise in ICO and STO, and a strategic focus on both its clients' business and blockchain technology. As such, Chaineum paved the way in the implementation of certain best practices in this sector (ICO Charter, Security Token Network).
Chaineum's blockchain services division, is developing Chaineum Segment technology, an object-oriented private blockchain.

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