Draft:Xx network
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Denominations | |
---|---|
Code | XX |
Development | |
Original author(s) | David Chaum |
White paper | https://xx.network/wp-content/uploads/2021/10/xx-whitepaper-v2.0.pdf |
Initial release | November 17th, 2021 |
Code repository | gitlab |
Development status | Active |
Ledger | |
Timestamping scheme | Nominated Proof of stake |
Website | |
Website | xx |
The xx network is a blockchain platform that combines cryptocurrency functionality and communication features. It was developed by cryptographer David Chaum, known for his pioneering work in digital currency and privacy technology dating back to the 1980s.[1][2][3][4][5][6]
xx coin (abbreviation: XX[a]), (previously known as Elixxir[7]), is the native cryptocurrency of the xx network.[8]
The xx network integrates quantum-resistant blockchain technology with privacy-focused communication features. It is designed to protect against both current and future privacy threats, including those potentially emerging from advances in quantum computing.[9][10][11][12]
History
[edit]The xx network launched in 2020, with its mainnet becoming operational in 2021.[13][14] The project was founded by David Chaum, who previously developed eCash[15] in the 1990s and conducted research in anonymous communication systems, particularly mix networks.[16][17]
Technology
[edit]The xx network incorporates several technological elements in its architecture:
cMix Protocol
[edit]The network employs a mixing protocol (or mix network) called cMix, designed to protect metadata in communications and transactions.[18][19][20]
xx consensus
[edit]The xx network uses a nominated proof-of-stake (nPoS), as its consensus mechanism similarly to the Polkadot blockhain, which allows token holders to participate in network governance and node operation.[21][22][23]
Quantum Resistance
[edit]The network incorporates cryptographic methods intended to resist potential future attacks from quantum computers.[24][25][26][27][28]
xx coin
[edit]The xx coin (XX) serves as the native cryptocurrency of the xx network. It is used for:
- Network governance
- Payment for network services
- Staking and node operation
- Transaction fee settlement
Applications
[edit]Several decentralized applications operate on the xx network:
- xx messenger: A decentralized messaging application, using the cMix protocol aiming to offer metadata protection and quantum-resistant encryption.[29][30]
- Phoenixx.io: A decentralized application (dApp) that integrates Web3 functionality with private communication features.[31]
- Proxxy: A privacy-enhancement tool that acts as an intermediary between users' wallets and RPC providers to reduce metadata collection.[32][33]
- haven.xx.network: A decentralized social networking platform that prioritizes privacy and resistance to surveillance.[34][35]
Team
[edit]The project is led by David Chaum, who serves as the founder and CEO. Chaum's previous work includes DigiCash (eCash), Elixxir, and Praxxis. The xx network team comprises experts in cryptography, distributed systems, and blockchain technology.[36][37]
References
[edit]- ^ Greenberg, Andy (January 6, 2016). "The Father of Online Anonymity Has a Plan to End the Crypto War". Wired Magazine. Archived from the original on May 7, 2023. Retrieved February 8, 2022.
- ^ "Meet The Godfather Of Crypto, Who's Been Working On Digital Currency Since The Early 80s". Bloomberg News. May 27, 2019. Archived from the original on 2022-03-05. Retrieved 2022-03-05.
- ^ https://www.wsj.com/articles/crypto-pioneer-david-chaum-says-hes-built-a-better-bitcoin-1537405201
- ^ https://web.archive.org/web/19990427142412/https://www.nextmagazine.nl/ecash.htm
- ^ https://bitcoinmagazine.com/culture/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream
- ^ https://chaum.com/
- ^ https://bitcoinmagazine.com/culture/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream
- ^ https://cointelegraph.com/news/elixxir-announces-its-new-privacy-minded-token-the-xx-coin
- ^ https://www.insidequantumtechnology.com/news-archive/the-quantum-future-is-coming-and-david-chaums-xx-network-is-ready-for-it/
- ^ https://cointelegraph.com/news/ethereum-quantum-emergency-cryptography
- ^ https://techcrunch.com/2022/01/25/crypto-pioneer-david-chaum-says-web3-is-computing-with-a-conscience/
- ^ https://xx.network/blockchain/
- ^ https://xx.network/blog/mainnet-announcement/
- ^ https://www.prnewswire.com/news-releases/xx-network-sells-9-7m-in-xx-coins-301045456.html
- ^ https://www.investopedia.com/terms/e/ecash.asp
- ^ Chaum, David L. (1981). "Untraceable electronic mail, return addresses, and digital pseudonyms". Communications of the ACM. 24 (2): 84–90. doi:10.1145/358549.358563. S2CID 30340230.
- ^ https://hackread.com/new-anonymous-communication-network-privategrity-launched/
- ^ https://hackread.com/new-anonymous-communication-network-privategrity-launched/
- ^ https://www.csee.umbc.edu/news-events/post/144345/
- ^ https://xx.network/wp-content/uploads/2021/10/xxcMixwhitepaper.pdf
- ^ https://www.investopedia.com/polkadot-definition-6362436
- ^ https://xx.network/blockchain/
- ^ https://learn.bybit.com/en/glossary/definition-nominated-proof-of-stake-npos/
- ^ https://www.coindesk.com/markets/2019/10/21/watch-david-chaum-explains-his-new-quantum-resistant-crypto-praxxis/
- ^ https://www.coindesk.com/layer2/2022/06/08/i-jumped-in-with-all-4-legendary-cryptographer-david-chaum-on-the-future-of-web-3/
- ^ https://www.insidequantumtechnology.com/news-archive/the-quantum-future-is-coming-and-david-chaums-xx-network-is-ready-for-it/
- ^ https://www.coindesk.com/video/father-of-cryptocurrency-david-chaum-discusses-quantum-resistant-digital-currency-web-3-development-satoshi-identity-mystery-and-more/embed/
- ^ https://cointelegraph.com/news/david-chaum-says-his-new-cryptocurrency-is-quantum-computer-resistant
- ^ https://play.google.com/store/apps/details?id=io.xxlabs.messenger
- ^ https://git.xx.network/elixxir/client-android
- ^ https://phoenixx.io/
- ^ https://proxxy.xx.network/
- ^ https://learn.xx.network/dapps/proxxy/
- ^ https://haven.xx.network/
- ^ https://git.xx.network/elixxir/speakeasy-web
- ^ https://xxfoundation.org/directory/
- ^ https://www.crowdfundinsider.com/2019/11/154425-digital-currency-pioneer-david-chaum-announces-upcoming-release-of-xx-network-a-blockchain-for-conducting-secure-transctions/