ProximaX（token: XPX） is an advanced extension of the Blockchain and Distributed Ledger Technology (DLT) with utility-rich services and protocols. Businesses, enterprises, and innovators can avoid costly and failure prone centralized architecture by utilizing an all-in-one sustainable platform which provides augmented secured services, content delivery, storage, and media streaming. ProximaX is developed by some of the people behind the NEM blockchain platform.
ProximaX (XPX) is a blockchain-based platform that extends the functionality of traditional blockchains by integrating storage, streaming, and messaging services. It aims to provide a comprehensive decentralized solution for developers and businesses.
ProximaX combines blockchain with decentralized storage, streaming, and messaging, offering a more versatile infrastructure compared to standard blockchains that focus solely on transactions.
ProximaX uses a hybrid consensus mechanism combining Proof-of-Stake (PoS) and Delegated Proof-of-Stake (DPoS) for efficiency and scalability, while its layered architecture supports multiple decentralized services.
XPX has a fixed maximum supply, with coins distributed through block rewards and network incentives, ensuring controlled inflation and long-term sustainability.
XPX can be stored in compatible wallets like the ProximaX Wallet or third-party supported wallets. It's used for transactions, network fees, and accessing platform services.