http://res.cloudinary.com/nixar-work/image/upload/v1531809802/Screen_Shot_2018-07-17_at_09.41.09.png


We already implemented the Decentralized Tokenization Platform based on Ethereum for communities to give them a tool for community building and secure token sales. Each community is able to adjust smart-contracts according to their local rules and we will not able to regular it because the software will be installed in community servers and we will not have access to change it. It gives a lot of benefits to reduce the regulations but produces some possible security gaps. The user should be protected by the blockchain itself.

We would like to close this gap by providing secured transaction. Unfortunately, we cannot do it in current Ethereum and forced to redesign the Ethereum EVM in creating new blockchain.


Token0x Blockchain is a modified soft-fork of the Ethereum.
The modification includes extends features of the Ethereum:

• Each Transaction is a contract (refundable)
• Enabled Oracalized Transactions

Below we show these features in details and use cases of them.

Each Transaction is a contract

As you see in the screenshot, the difference between Ethereum and Token0x that all transactions are contracts.
Once you send funds you are able to refund it in the specific time frame.
http://res.cloudinary.com/nixar-work/image/upload/v1531543607/Token0x_Economy_w.png

Enabled Oracalized Transactions

We extend Ethereum with Oracle Contract to enable External data validation by Ethereum before invoking the contract. Once the validation is failed the transaction is failed as well with spent gas for oracle validator.

http://res.cloudinary.com/nixar-work/image/upload/v1531543702/Oracle.png

Let’s consider possible use cases of refundable transactions.

http://res.cloudinary.com/nixar-work/image/upload/v1531543820/Use_cases_of_Token0x_Copy_w.png

The consensus between team and contributors will be configurable in smart-contracts but in our case, the team will not be able to revert the refund method

http://res.cloudinary.com/nixar-work/image/upload/v1531545674/Screen_Shot_2018-07-14_at_08.20.28.png

Oracle enables other uses cases like:

• Anonymous transaction powered by authority
• External domain, email validation
• Exchange Rate Service
• External Voting

Also, we would like to add the possibility to send anonymous transactions by using a ring signature from the smart contract like it implemented in CryptoNote.



Conclusion

We do not create a new blockchain like EOS but we create the next version of Ethereum.
We reuse and extend the existent Ethereum infrastructure
This extension is enable new layer of protection and provide the logical and easy way to switch from Ethereum to Token0x.
http://res.cloudinary.com/nixar-work/image/upload/v1531545673/Screen_Shot_2018-07-14_at_08.20.46.png


Consensus
Proof-of-work, DAG (mixed)

The initial supply for sale
50,000,000 ETH

Total supply
100, 000, 000 ETH

Mining Supply
50,000,000 ETH will be mined for a 10 years[/b]

Price of Token0x ETH on ICO
0.001 ETH (Ethereum)

Estimated Development Roadmap

Ganache (Javascript Version)
3 month after ICO

Golang Version (TESTNET)
5 month after ICO

Mainnet  (Refundable ETH, Trusted Oracle)
7 month after ICO

Token0x Token to ETH migration (airdrop)
8 month after ICO

Mainnet  (Anon Contract)
12 month after ICO

Mixed Consensus DAG Proof-of-work
16 month after ICO




Main Website https://token0x.io
Our telegram community https://t.me/token0x
Our blog  https://medium.com/token0x
Our instagram https://www.instagram.com/token0x_platform
Our youtube https://www.youtube.com/watch?v=vrN3giPnFSw&t=5s
Our reddit https://www.reddit.com/r/token0x
Our company (Switzerland, Zug) https://www.moneyhouse.ch/fr/company/blockstarter-gmbh-13915353201/messages?toggleMessage=4130781

Proof-of-ability of the team

We implemented the Decentralized Tokenization Platform https://token0x.io
This is our design team https://www.behance.net/token0x
This is our open source multi-currency wallet ethnamed.io  available demo http://wallet.ethnamed.io/