GXChain GXC White Paper

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Hello and welcome to this blog post about GXChain GXC White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the GXChain GXC white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the GXChain (GXC).

I can ensue you that, you will be able to understand every bits and pieces related to GXChain (GXC) after going through the GXChain GXC white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

GXChain GXC White Paper

GXChain GXC white paper will be going to provide you, all the information that is needed to get started with GXChain (GXC), including the inspiration for creating, the problem it is trying to solve and the solution proposed by GXChain (GXC).

Abstract

“ GXChain is a fundamental blockchain for the global data economy, designed to build a trusted data internet of value. GXChain has evolved rapidly since its inception, which started from a decentralized data marketplace (commercialized on September 2017), to a fundamental blockchain ecosystem.

The ecosystem is currently serving millions of users and software developers. To help people better understand what we are doing now, and where we are going in the future, we are continuously updating the whitepaper of GXChain. This version of the whitepaper focuses on the following topics:

Elaborated GXChain’s governance structure, which can faciliate democratic, transparent and decentralized governance of GXChain. GXChain is growing from the early stage of team operation to the community-based governance, further improving consensus.

Introduced the GXChain TrustNodes election, and earnings. The election campaign will make GXChain more distributed, improving the security and stability of the GXChain main net. Influential teams in the world will be introduced to the election campaign and participate in the governance of GXChain.

Optimized technical and system structure of GXChain and the addition of smart contracts 2.0, cross chain technology, oracle machines, and trusted data modules. We also give examples of the applications of a trusted data internet and our technical strategies, thereby setting guidelines for developers.

Announced to swap GXS to GXC with a ratio of 1:1, GXC will be the core asset and act as the main token for utility and governance of GXChain. Later, in the GXChain ecosystem, GXC will be the key utility token for payments, transactions, governance, and development.

Illustrated business models of GXC, and its value, generation, and distribution mechanism.

Announced the road map of GXChain, which focuses on improving its competitiveness through technical innovation, collaboration, and community governance.”

White Paper Link: GXChain GXC White Paper

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