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Will the xpx token be used only in the public network? Alvin Reyes
True, only in public. The plan for the development of the application is the following - there will be a set of SDKs that will be available to developers on the public network.
We will have 2 tokens - xpx and stable coin. Both can be used for platform services. When you use storage (for example) for your applications, they must pay for services depending on the revenue model specified by the storage host. The fee is divided into different system participants, including verifiers and validators of the blockchain.
The monthly subscription will be set by the service provider that uses the proximax.
Therefore, in fact, it is not proximax that determines the revenue model, but providers of services and resources (storage, streaming).
In terms of adaptation, there is an economic game. Besides just running mainnet, we have to look at supply and demand.
The concept is that when using storage or streaming services, the network will also look for the location of the node (this is part of PoCA). There should be resource providers and users. You cannot have a location where all are resource providers and there are no users, because no one will work.
Part of the strategy is to make sure that proximax hosts rerurs in the region + public nodes. We are committed to business development so that we can develop applications that will use the resources located in this area.
Therefore, we balance supply and demand.
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Does the corporate solution use only your private chain? How and what is the payment in XPX? Alvin Reyes
When everything is done, we will offer both options (both private and public), but at the moment we are aggressively promoting private. This is what we have now. We have a private blockchain, storage and database, and most companies prefer to have a private setting.
We are working on a model of revenue-licensing so that XPXs fees for these services are paid. If they use, for example, KYC, they must pay a certain amount of XPX to obtain a license. They will use the license to confirm their ownership.
Programming languages: Blockchain (Catapult) = C ++, Storage / Streaming = Go.
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When the release of the public network? Alvin Reyes
The release of the test version will be phased. We aim to launch test network nodes this month, storage network test nodes by the end of December or January and streaming test network nodes by January or February. But our goal for the public chain is Q2 next year.
Now we are in the thick of development. Everything is loaded and contributing by working on the kernel and applications. 😊