In general, the main problem related to crypto-economy nowadays is diminishing the usage of many coins in comparison with fiat currencies. The reason is that a huge number of cryptocurrencies offer its clients an incentivized systems of reward but they do not create incentives itself for token users. So, this disbalance can create an ecosystem which will be unpleasant for every participant. But the biggest problem is any way centralization. As for the XYO, it is convinced that the token value has to remain directly to its usefulness. It means that it should depend on the amount of transactions which this token participates in.
XYO is a kind of networks where there are some Miners whose main aim is to answer queries to the XYO Network. In order to understand this process better let`s consider it step by step. First of all, a person buys XYO tokens and join this platform. Then this token owner sets the XYO Network a certain query. After that this client should wait for a certain short period of time until this query is processed and answered. While creating a query, every user can appoint his or her own desired confidence level and XYO gas price.
Moreover, this network uses in its work smart contracts for transferring different digital currencies and assets between parties. It revolutionizes the way in which people conduct their businesses because now you need neither third-parties nor middlemen for execution of an agreement. What smart contracts only need for successful performance is accurate and verifiable data. To sum it up, XYO is a consensus-based network which deals with recording and verifying events in the real world in order to introduce this data in a secure and trustless way. XYO Token Sale has already started and will end in more than 54 days. So, do not lose your opportunity to join the XYO and create a new future!
WEBSITE: https://xyo.network/index.html
ANN THREAD: https://bitcointalk.org/index.php?topic=3040825.0
TWITTER: https://twitter.com/XYOracleNetwork
FACEBOOK: https://www.facebook.com/xyonetwork
TELEGRAM: https://t.me/xyonetwork
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=773766
