xGroup developers Next Generation Blockchain” unwavering stability and zero volatility. By design, we have removed the dynamics of “gamification mining”, and replaced it with enterprise cloud computing offering a fully recoverable, fixed or zero transactional fee structure.
Navigating the labyrinth of platform preferences, including the complexities of best functional utility, xGroup recognizes that product and commodity backed, zero volatile crypto-currencies are the future for the crypto-world and will out perform all others.
If your vision is to maximize the potential of your assets, we want to show you how xGroup “Next Generation Blockchain” will not only be the easiest option to leveraging your assets with a crypto-finance solution, but you will also expand your customer base by offering your crypto-currency for greater and more frequent usability.
Your “Next Generation Blockchain” will have all the built-in frame-work and functionality as described below:
Next Generation Blockchain is a database with a twist. It is decentralized (the blockchain is not stored in any single location), meaning the records it keeps are not falsifiable and at the same time easily audit-able by design. The blockchain has a tamper-resistant and authorized transaction history assured via cryptography.
Next Generation Blockchain can be public or private, with differences that can essentially be crystallized to default permissions built into the network to allow new blocks to be written to the chain.
Next Generation Blockchain optimizes:
Decentralization: No single point of failure or excessive influence.
Immutability: Transactions are view-able by all parties creating transparency. Transaction history cannot be unnoticeably altered or deleted.
Cryptographic proofs: Everything stored in Next Generation Blockchain is secured with cryptographic proofs, ensuring the data you provide won’t be tampered with or altered.
Next Generation Blockchain payment and transactional system is a game changer: no more “game” style system, no more irrational payments for extreme-volatile crypto. Traditional Bitcoin mining has been by definition “One person meeting another at a specific time and location and saying I agree with what he said”. For Next Generation Blockchain, we understand that it’s computers that take this role and not humans. Miners want to be paid for: a) having purchased hardware and b) providing the computing energy for confirmations. We at Next Generation Blockchain once again remove the interloper. We strategically use AWS enterprise services to do our computing power and consensus mining with greater efficiently, safely, and at a far lower cost. In return, this allows us to give back to the Next Generation Blockchain Community instead of the mining interloper.
Ubuntu is an open source Linux operating system for cloud enterprise computing. Ubuntu runs on the most popular architectures, including Intel, AMD, and ARM-based machines. Ubuntu is the most popular operating system running in hosted environments, so-called "clouds", as it is the most popular server system in Linux distribution.
The simple truth is Ubuntu is used by most enterprises for its security, and features of speed in cloud computing. Matched with robust hardware it is the top choice of all enterprise computing giants.
AWS has the top global enterprising companies, and most popular hardware enterprise user systems on the planet. Next Generation Blockchain is hosted on a 64-Bit (AMI) 61Gib Memory, (8)eight virtual cores, Multi location (1,900) nineteen-hundred NVMe SSD Storage, with the highest volume Ethernet Network connectivity.
Next Generation Blockchain uses RAFT a consensus algorithm that keeps your data safe without needing to “mine” blocks, even in the case of a situation where your nodes malfunction or become susceptible to the actions of bad actors. This feature also makes it near impossible for a bad actor to add incorrect data or change the history of the Next Generation Blockchain. And, in case of many compromised nodes, the RAFT consensus algorithm still maintains its fundamental security properties, protecting the data. Next Generation Blockchain also updates immediately with the addition of every new block. This consensus algorithm also allows your up to 8,000 transactions per second (within a global, distributed network) with a clearing latency of 2.5 seconds, and can handle up to 15,000 TPS in custom cases.
Next Generation Blockchain handles up to 8,000 transactions per second with a clearing latency of 2.5 seconds, and can handle up to 15,000 TPS in custom situations.
Next Generation Blockchain can function even if up to 1/3 of the nodes in the network are offline or compromised.
In the rare case all of Next Generation Blockchain nodes are compromised, bad actors cannot circumvent fundamental security properties.
Ongoing support is broken into two categories: Hourly and Unlimited. Hourly is calculated to provide 20 hours of support for the first year and is rounded to 30 minute intervals. Once you have used 40, thirty minute intervals, you will be required to prepay for maintenance packages of 10 hours at the contract rates. Support is given by submitting a ticket online. All tickets are considered priority and will be followed up by email or phone at your convenience.
Unlimited support is considered the highest priority and will receive full attention until you are satisfied. The support covers everything listed in your package. You will incur zero cost. At the end of the year, you can choose to renew your unlimited support at a set discounted rate.
Next Generation Blockchain is based on RUST, the most secure programming language to date. Rust is a systems programming language designed to be safe, concurrent and practical. It is similar to C++ with em- phasis given to thorough memory management which protects against many common errors in program- ming. Rust is currently faster than Java and Go programming languages and continues to improve.
Rust uses a powerful static code analyzer and type system inspired by functional programming languages to assure execution safety.
Rust is a Top-3 fastest programming language together with C++ and C. Rust is alsopredictable in its use of resources (CPU, memory, I/O, etc).
Specific IOS and Android apps that create a traders dreams come true. All IOS and Android apps are specifically designed with your organization and new clientele in mind. Branded and designed for everyday high-end transactional usage. All API's are designed to be driven for marketplace and easy GUI administration panel for servicing clients.
The complete project requires 12-16 weeks without client delays and quick approvals. Because we have completed similar projects, 12 -16 weeks is very conservative. The following timelines are by general development practices.
Week 1: Website Consult (4-6) Client Hours / UI Development (Approvals needed) Week 2: Blockchain Development (No Approvals needed)
Week 3: Database Tables and Ubuntu Configuartions (No Approvals Needed)
Week 4: Algorithm Development
Week 5: Raft Consensus Build and Migration (No Approvals needed)
Week 6: Website Development (Approvals Needed) Week 7: Currency Created for Testing (No Approvals Needed)
Week 8: Phone App UI consult (Approvals Needed)
Week 9: Phone App Development (iOS and Android Store Approvals)
Week 10: Website Finalization Meetings (Approval on Changes)
Week 11: Final Website / Phone Apps finished (Final Approvals)
Week 12: Enterprise Server configurations (No Approvals Needed) Week 13: Multi Server Ledger Modifications (Requires Consult and Approval) Week 14: API Development Consult (Requires Consult and Approval) Week 15: Admin Panel / App Release and Training up to (2) Hours Week 16: Launch of completed project
If you are ready to purchase your own “Next Generation Blockchain” the next steps will require that you sign a General Use and Terms Contract, and an Non-Circumvention / Non-Disclosure Agreement, and remit 25% deposit. Following this, we will create an open source “collaboration” account that will keep you in touch with the development team. Note, all projects can be followed step-by-step through inception to completion with decisions made through the open source ecosystem. You should know the entire process will take 12-16 weeks from the time the documents / deposit is received until the time we have “full launch” of your crypto-currency, inclusive of the apps.
This complete concept is developed as an independent blockchain and is wholly owned by you once final payment has been made. xGroup charges a fixed $1-2 transactional fee for all transactions made on the blockchain, this is covered by your own crypto-currency, thus, it does not cost you anything! For each transaction we will recover an amount equal to one dollar of your crypto to cover the monthly cost of running the enterprise servers and cloud consensus computing. This fee covers limited maintenance of your Next Generation Blockchain and your crypto-currency. At any given time within the first year, xGroup reserves the right to exchange with you your crypto-currency for fiat or equal value of your backed commodity.
Along with the signed General Use and Terms Contract, the Non-Circumvention / Non-Disclosure Agreement, and deposit of 25% we need the following documents:
Documents proving value and ownership of the underlying Asset you intend to use to back your crypto-currency
KYC (Know Your Customer Documents)
Identification of Principle - Passport / Cedula / Drivers License
Business Reference Letter
Bank Reference Letter
Corporate Documents indicating Domicile / Ownership / Corporate Resolutions Anti-money Laundering Statement
Patriot Act Compliance statement
At the end of this 12 week period you will own your own Next Generation Blockchain and your own crypto-currency.
Have a Representative contact you.
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30 North Gould Street, Sheridan Wyoming