ProximaX (XPX)

What is  ProximaX?

ProximaX Sirius is a platform that extends beyond traditional blockchain protocols by integrating blockchain with distributed and decentralized storage, streaming, contract, and database1 service layers available in private, public, hybrid, and consortia network configurations.

Features

Account

An account is a mutable state stored on the Sirius Chain maintained by a key pair: private and public keys. In other words, you have a “deposit box” in the blockchain, which only you can modify with your private key. As the name suggests, the account owner must keep the private key secret. Anyone with access to it will be able to control the account.

Namespace

Namespace enables you to create on-chain unique and easy to remember names for your accounts and SDAs. A Namespace starts with choosing a name that is not already reserved, similar to an internet domain name. By an alias transaction, you can associate a Namespace with an account or an SDA identifier (ID). Namespace works under a rental contract executed on-chain, paid in XPX, and with a duration period calculated according to block height.

Sirius Digital Assets (SDAs)

You can create any digital asset on the platform. SDAs are built-in contracts defined on the blockchain protocol to enable consumers to make digital representations.

Multi-level Multi-signature Transaction

Multi-signature is a cosignatory agreement (a one-time disposable contract) between account signatories (e.g., how many need to sign to execute a transaction or add/remove a signatory). Multi-level Multi-signature enables you to have multiple levels of agreements between other cosignatories, making it useful for comprehensive approval processes. Multi-signature agreements have an expiry time to execute, after which it will lapse.

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