How Linix intends to redefine true decentralization
Blockchain technology emerged as an answer to the question of how to manage financial and other systems without an overbearing central presence to regulate, and often, suppress its effectiveness. Blockchain continues to make major headways as increasing amounts of aspirational ideas continue to focus on technology as a way to implement true democratization in different industries and services.
Linix is a DAG powered blockchain that intends to solve the current issue facing blockchain: How to ensure the security and scalability of blockchain without any resulting performance deficits.
Blockchain has serious merit in the realm of decentralizing transactions, but of course, as within any other system, transactions on a more grandiose and wide-scale are subject to their own host of issues. Linix has responded with rigorous research backed by math-based proofs to ensure a legitimate and improved method of carrying out transactions of all types and scales in a safe manner.
A strong foundation to build on
Linix operates by focusing their attention on enhancing the efficiency of payments and transactions while also curbing the often lofty costs related to having a middle man in the process.
Of course, no decentralized entity can fully succeed and refer to itself as an equalized system without implementing widespread effectiveness and efficiency, which requires all users in the ecosystem to be fully on board. Linix can accomplish this objective using a personalized reward incentive system to encourage each and every user with the ability to stay active and get rewarded in the process.
Their main attack pattern is to seamlessly combine a DAG-based ledger system complemented by the decentralized facets of blockchain technology.
As the world’s very first DAG-integrated blockchain, Linix will be able to provide ultimate security for all transactions and could even be completely shielded by the infamous 51% attack.
One of their unique features called Coin Object focuses on assets rather than accounts to allow for a broader range of transparency and legitimacy of ownership. Linix will use the embedded Coin Object in order to effectively keep tabs on ownership for a variety of digital assets. The Coin Object is connected to every wallet and embedded in it is a dedicated list of pointers to indicate all owners, both previous and current.
Linix implements State Matrices for data management purposes, giving it the task of storing critical asset ownership related information. These State Matrices will flawlessly keep track of all information stored on various Coin Objects.
This will authenticate all transactions and ensure that common issues such as double spending are prevented.
In this manner, Linix will be able to effectively remedy the challenges associated with widespread scalability. With increasing scale, transactions of various complexities become more difficult to handle as they can be spread across various network partitions.
Unprecedented access and exposure for developing applications
Linix will also provide a highly advanced virtual computing machine which will allow for the development and simultaneous use of DApps provided by developers. Established on a completely decentralized foundation, Linix will give users more democratization and unbridled access compared to their counterparts.
Linix’s system will provide both developers and various entrepreneurs the opportunity to build and showcase their projects with much less of a regulatory impasse to open up the gates. Not only that, but they will be able to capitalize on much more efficient transaction speeds and workloads while also being able to access Linix for tech or business support.
Essentially, Linix will establish a fully decentralized gateway to stimulate a stronger and more capable connection between developers, entrepreneurs, and an application platform to promote increased creativity and innovation in the sector.
Linix is here to provide a fully accessible platform where people from all around the globe can purchase and trade assets to their heart’s delight, completely unencumbered by location, local regulations, or other barriers. It would seem that Linix is well on their way in keeping to their promise of establishing a truly democratized and decentralized system to transform the industry.
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