Artax is a community managed platform with its own currency built upon third generation blockchain architecture. A dedicated committee directly manages the direction, development and marketing of the coin. Utilizing the Artax proprietary Encryption Cache Persistence (ECP) protocol in our ART (Accelerated Redis Transfer)node network, the limitations on traditional blockchain protocols have been lifted and a new era in greatly expanded and improved functionality is upon us. Expansion into spaces traditionally dominated by centralized service providers are now far closer to reality given enhanced efficiency built into our third generation blockchain and platform.
Coin Specifications: Mining: 100% Proof-Of-Stake with ARTnodes (Beyond standard masternodes-proprietary ArtaxQ hashing algorithm improves security and functionality) Algorithm: ArtaxQ (Custom Quark-Hash algorithm with thoroughly tested proprietary cipher as a secondary layer of security) Coin Ticker: XAX Max Supply: 20,000,000 XAX MN Collateral: 2,500 XAX Blocktime: 2 Minutes Transactions: 160tx/sec Coinbase Maturity : 24 hours Nominal Confirms : 5 Premine: 500,000 (Controlled by a decentralized committee on a Public Ledger) Rewards: 85% Masternode, 10% Proof-Of-Stake, 5% Governance Protocol
As a third generation blockchain protocol with 3 years of back-end research and development, Artax is built from the ground up to function as a multi-tiered platform with scalability in mind for future use cases such as concurrent blockchains running on single nodes with the ability to utilize mobile devices to secure, transmit and store the blockchain leading to significant increases in efficiency, security and censorship resistance. All of this is made possible utilizing what we are calling Encryption Cache Persistence (ECP).
Encryption Cache Persistence
Encryption Cache Persistence is a proprietary protocol created by the Artax team which is a fundamentally new way of storing and managing blockchain data as well as other forms of data and works well with decentralized networks. Artax gains significant advantages in efficiency, speed and scalability especially when taking into consideration its use in decentralized protocols where you want to be as efficient with data so that you may allow for sufficient decentralization of the network while maintaining data speed transfer across the entire network without running into the theoretical limits of bandwidth lag (ie. big block size debate as seen with bitcoin vs. bitcoin cash). The base upon which ECP was built by the Artax development team is the Redis (Remote dictionary server) open-source, in-memory, key-value database, Redis is essentially a data structure server that is capable of storing and handling high-level data types and ECP utilizes the Redis architecture as its base and builds additional functionality into the protocol creating a completely new platform specifically tooled to greatly expand the functionality of the Artax platform in the cryptographically secured blockchain space. It is not an understatement to state that ECP implementation could drastically change how the world views the functional capabilities of the blockchain technology space in the years to come. For example, a simple use case for the efficiency gains from the ECP protocol would be the ability to secure, transmit and maintain the blockchain with mobile devices, which no other platform on the market is capable of doing at this moment.
Further enhancements to the Artax protocol could eventually lead to an interface that acts not simply as a wallet, but also incorporates a service exchange (DEX and marketplace capabilities) and also browser integration.
ARTnodes
Accelerated Redis Transfer (ART) Nodes are a significant paradigm shift in how masternodes will function in the future. ARTnodes go far beyond the features and capabilities of regular masternodes with first-in-class advanced features borne out of ArtaxQ such as:
-Proprietary hashing algorithm that restricts and reduces the flotation of orphan blocks and makes available shared blocks for future use -Based off of the highly efficient Quark-hash algorithm with additional Artax improvements -Thoroughly been tested on both Redis and RFID protocols opening the platform to revolutionary real world applications -Light-weight cryptographic functions with the advanced capacity to adapt -Secondary layer of security provided by a proprietary cipher overlaid on the Quark-hash algorithm -Input bitstreams are altered in a fashion to future proof Artax (XAX) in the cryptographic landscape and to anchor it in a sponging construction
With the improvements upon the Quark-hash algorithm leading to the development of ArtaxQ, ARTnodes are a significant advancement in masternode technology that run intensive yet lightweight hashing functions to protect, secure, and expand the capabilities of the Artax network.
Standard features are also incorporated in our ARTnodes and are those included in other copy and paste masternode cryptocurrencies:
-Increased privacy of transactions -Instant transaction functions -Governance and voting functions -Budgeting and Treasury functions
In summary, ARTnodes not only fully encompass standard functions of masternodes, but greatly heighten the functional capacities of decentralized systems to new levels in the blockchain space.
Speed PayPal : 193 transactions per second on average
Artax : 160 transactions per second on average
Bitcoin : 3 to 4 transactions per second on average Ethereum : 20 transactions per second on average
Swap Info The initial phase for Boxy and ARTX coin swap has concluded, Please visit our Discord server for more information regarding coin swaps from the old chains going forward.
Roadmap/Whitepaper/Litepaper Coming Soon!
Committee The Artax Committee is composed of dedicated volunteers of varying backgrounds. It was this committee that came together to decide the specifics of the coin swap for Boxy and the previous Artax blockchain to the new Artax (XAX) specification. Assisted by several developers, the committee will continue to work on the future success of Artax and its relevant technologies. Please note: The is no further affiliation with BoxyCoin. No one from the Artax team has anything to do with BoxyCoin. It was taken over by another developer for completely different purposes and goals. Moving forward the sole focus is the Artax(XAX) platform.
Do you have talent in development, media production, or marketing? If so, please consider joining the Artax committee.
Come visit us on our discord channel for more information on how to get involved: https://discord.gg/RMT9Cw
