Details Linxy Finance Ecossystem
Linxy Finance (LINXY) Cryptocurrency
The major project update will enable all project users to create smart contracts directly on the LINXY network, so tokens, Dapps and NFTs can be easily created quickly and cheaper than in other blockchains that offer the same service.
With the update the following products or services will be created:
IDLINXY (LINXY Digital Identity).
NodeSH (Node Secure HyperConnection).
Chain LINXY Platform.
NFT LINXY platform.
IDLINXY (LINXY Digital Identity)
Use our IDLINXY app to store your coins, or manage your tokens all in a simple and super secure way.
When creating your account, you will save your private key and export mnemonic (secure words) and then you can access our Android, Web, Chrome or Firefox wallet.
For login the same process is used, use your safe words or private key if you are logged in or forget to login.
NodeSH (Node Secure HyperConnection)
NodeSH (Node Secure HyperConnection) is certainly the most important technology. It is the heart of all data read and write operations, as well as the main data source for dApps across the entire network.
NodeSH is a NodeJS application written in TypeScript with a multitude of features:
Blockchain explorer: keeps track of all transactions and all blocks, can be used as a visual block explorer.
Relay: used by clients (LINXY-core) to send transactions to the network.
Data explorer: serves as an interface for reading information written in the blockchain; this is one of the most important features for dApp development.
IPFS: serves as an interface to the distributed file system (InterPlanetary File System), useful for uploading and downloading data.
Replica: NodeSH is the main replica of all the information and files loaded in the LINXY Blockchain.
Wallet : it can also function as a “client”, it can perform the same operations as LINXY-core clients, just call APIs and pass the necessary information.
Trusted Links: Trustlink operations are managed internally by NodeSh, including the creation and recording of information by a Trustlink.
Smart Contracts: Allows the execution of external code thanks to the internal virtual machine.
P2P network: allows instant communication between the different connected clients
Chain LINXY Platform
Create your token on the LINXY network in a simple way in just a few clicks, minimum requirements for creation to be accepted on the network:
Definition of genesis fields
Creating a new address by NodeSH
Trusted Link Creation (IDLINXY)
Submission of at least 1 LINXY by owner to trusted link
Genesis transaction written on blockchain
Sending the entire supply via the trusted link (IDLINXY) to the owner of the Sidechain
From the moment the trusted link (IDLINXY) transfers all the supply to the owner, it is possible to start making transactions using as USXO (Utxo related to the sidechain) this first transaction.
Transactions are done almost instantly due to reading the mempool in NodeSH, it is also responsible for guaranteeing uniqueness and guaranteeing the transaction even if it has not yet been committed in the next block.
Once updated, documentation will be made available with details and examples of how this technology works in practice.