Speaking of Blockchain, many readers may feel not familiar with it. Bitcoin represents the era of Blockchain 1.0, which exists just as an account book system, not sup- porting any app development. With the advent of the era of Blockchain 2.0, Ethereum offered the value proposition of supporting smart contracts. This enabled Developer Apps to operate on the blockchain. However, Ethereum characterized by a poor performance and incomplete framework design, can only run simple app scenarios. The era of Blockchain 3.0, which adopts a new consensus mechanism and technical framework, generally focuses on blockchain efficiency.
Out of the pursuit of consensus efficiency, many new solution plans adopt Super node approaches, this technology offers more versatility than nodes and allows for broader nodal analysis. This resulted in a quality over quantity paradigm; while there was improvement in the confirmation speed of blockchain, there was a concurrent rise of the community’s participation threshold due to lacking and restrictive resources. Contrary to its perceived success, This has gone against the principle of decentralization – the original intention of the blockchain. How do they do that?
So far, most blockchain projects have been in the exploratory phase, X-Block mainly employs third methods.
In the first place, X-Block is the first global public chain built on the Fog computing framework, which aims at creating a user-friendly, convenient and open light eco-blockchain.
Secondly, Relying on the Fog computing framework, X-Block can, utilize various heterogeneous devices (including personal computers, smartphones, routers, etc.) to form a decentralized computing engine. By creatively designing the “Galaxy Super-Contract”, it enables the smart contract to maximally invoke the powerful Fog computing proprietary technology. Meanwhile, computing resources of the surrounding idle equipment can be integrated via X-Block. This will further empower the blockchain to be integrated into everyday technological processes. Such as artificial intelligence, big data and Internet of Things. Thus, a disrupting smart blockchain era can be ushered in to deeply promote applications of blockchain technology in day-to-day life.
The third approach is committed to the construction of a complete blockchain ecosystem. It has built X-Change along with X-Block’s fog computing and blockchain tools to accomplish the token ecosystem. X-Change is a community-autonomous exchange that incorporates X-Block tokens with trading and mining.
Except for the above third measures, X-Block ultimately forms an ecological chain with stronger overall performance, higher carrying efficiency, more practical applications, and accessibility for everyone.