Quote from: Yartis on August 21, 2019, 08:42:35 PM

What happens to XPOS with function X?

XPOS will be upgraded once Function X is ready. XPOS will both operate as a decentralized point-of-sale device and much more as a node. As a node, the XPOS will also be able to get transaction fees and contribute to the decentralized network.

Quote from: irtaris on August 21, 2019, 09:08:08 PM

Utility of fx coin? what is it about? the coin.

Services rendered in the ecosystem will be transacted with the f(x) Coin. Possible scenarios include:
For service providers: To get paid by developers, companies and consumers for providing storage nodes, DDocker and speeding up of network connections. The role of service providers will described in other sections.
For consumers: To pay service fees for using DApps, nodes, network resources, storage solutions and other services within the f(x) ecosystem.

For developers: To pay for services and resources rendered in the ecosystem such as smart contract creation, file storage (paid to IPFS service provider), code hosting (paid to DDocker service provider), advertisements (paid to other developers) and others. To get paid by the enterprises or organizations which require the developer’s service.
For enterprises or organizations: To pay for service fees, developer fees and advertisements. Services provided to consumers will be charged and denominated in f(x) Coin.

For phone and hardware manufacturers: To pay for the Function X Operating System customization. Note: we plan to only build a few thousands of the XPhone flagship handsets and leave the rest to third-party manufacturers to build more using our operating system.

For financial institutions: to receive payment for financial services rendered for the ecosystem.

Many more future scenarios.

Hence f(x) Coin can be used as ‘currency’ for the below services:
In-app purchases
Blockchain calls
Smart contract creations
Transaction fees
Advertisements
Hosting fees
etc

We believe f(x) Coin utilization will be invariably higher than coins in traditional chains due to the breadth of the f(x) ecosystem. This includes storage services and network resources on f(x) which will utilize the f(x) Coin as the “fuel” for execution and validation of transactions.

Quote from: supermarioo on August 21, 2019, 09:08:38 PM

I see you replace http with fxtp why??

FXTP is different from HTTP because it is an end-to-end transmission whereby your data can be sent, received and displayed based on a consensus mechanism rather than client-server based decision-making. In HTTP, the server (which is controlled by an entity) decides how and if the data is sent (or even monitored), whereas in FXTP, the data is sent out and propagates to the destination based on consensus.

Quote from: gberts on August 21, 2019, 09:42:33 PM

Quote from: metalbean on August 16, 2019, 02:41:06 AM

Quote from: Ghild on August 14, 2019, 09:58:23 AM

This blockchain phone looks just like razer phone which was bought by razer from some chinese company...

The new XPhone (which introduced as BOB "Blok on Blok") has customizable design and each unit of BOB will come with a MOD Assembly Kit, which means that user will build their your own unit, and be able to customize how their BOB looks. You will have complete control over not only your data but also your phone’s look.

More info in here: https://medium.com/functionx/getting-ready-for-the-world-the-first-fully-blockchain-powered-phone-96f1d656bb69

This one is the first new design.
https://i.imgur.com/8zIHrBu.jpg

ello there,

How can someone buy this phone? Is it expensive?

You can subscribe at www.functionx.io to receive the latest updates about BOB.

Also more info can be found at:

https://www.functionx.io/#/bob

Gokhshtein has featured Function X President @DavidBenKay in its August issue about his thoughts of growing talents, startups as well as the opportunities that Function X ecosystem will bring to both developers and users. Read more https://twitter.com/davidgokhshtein/status/1163623163747610625?s=21

F(X) Chain

What is f(x) chain?
f(x) chain is a set of consensus algorithms in the form of distributed ledger, as part of the Function X ecosystem. The blockchain is the building block of our distributed ledger that stores and verifies transactions including financials, payments, communications (phone calls, file transfers, storage), services (DApps) and more.

Will Function X launch a mainnet?
Yes. The f(x) chain is a blockchain hence there will be a mainnet.

When will the mainnet be launched?
TBA (projected).

How is the Function X blockchain designed?
The f(x) chain is designed based on the philosophy that any blockchain should be able to address real-life market demand of a constantly growing peer-to-peer network. It is a blockchain with high throughput achieved with a combination of decentralized hardware support (XPOS, XPhone, etc.) and open-source software toolkit enhancements.

What are the physical devices that will be connected to the Function X blockchain?
In due course, the XPOS OS will be replaced by the f(x) OS. On the other hand, the XPhone was designed with full f(x) OS integration in mind, from the ground up. After the f(x) OS onboarding, and with adequate stability testings and improvements, XPOS and XPhone will then be connected to the f(x) Chain.

What are the different elements of a block?
Anything that is transmittable over the distributed network can be stored in the block, including but not limited to phone call records, websites, data packets, source code, etc. It is worth noting that throughout these processes, all data are encrypted and only the owner of the private key has the right to decide how the data should be shared, stored, decrypted or even destroyed.

Which consensus mechanism is used?
Practical Byzantine Fault Tolerance (PBFT).

What are the other implementations of Practical Byzantine Fault Tolerance (PBFT)?
Flight systems that require very low latency. For example, SpaceX’s flight system, Dragon, uses PBFT design philosophy. [Appendix]

How do you create a much faster public chain?
We believe in achieving higher speed, thus hardware and software configurations matter. If your hardware is limited in numbers or processing power, this will limit the transaction speed which may pose security risks. The Ethereum network consists of about 25,000 nodes spread across the globe now, just two years after it was launched. Meanwhile, the Bitcoin network currently has around 7,000 nodes verifying the network. As for Pundi X, with the deployment plan (by us and our partners) for XPOS, XPhone and potentially other smart devices, we anticipate that we will be able to surpass the number of Bitcoin and Ethereum nodes within 1 to 2 years. There are also plans for a very competitive software implementation of our public blockchain, the details for which we will be sharing in the near future.

Quote from: gberts on August 21, 2019, 09:48:38 PM

Quote from: indrawinrt on August 16, 2019, 03:46:38 AM

Quote from: Byte Produce on August 16, 2019, 03:36:49 AM

Zac Cheah (CEO and Co-founder) and Pitt Huang (CTO and Co-founder) from Pundi X share with us what Function X is all about, our motivation behind creating it, and how it will power this new era of the decentralized world.

The 5 key components of Function X are:
- Function X Blockchain
- Function X OS
- FXTP (Transmission protocol)
- IPFX (Decentralized file storage system)
- Function X Docker

https://youtu.be/z-EfzJXkJAw

More details added to help community to know more about Function X.

What is f(x) chain?
f(x) chain is a high performance and secure public blockchain. High speed is achieved via both software and hardware implementation (XPOS, XPhone, etc.). More information on the f(x) public blockchain is available in other sections.

What is the f(x) Operating System?
The f(x) Operating System (OS) is an Android-modified blockchain-enabled operating system. Users can switch seamlessly between blockchain and traditional mode. In the blockchain mode, every bit and byte can be fully decentralized including calls, browsers, data storages and text messages. DApps are also housed in the f(x) OS (we will create a strong DApps ecosystem by allowing easy porting of current mobile apps; more on that in the following sections). In regular mode, it supports all Android features including Android apps. More information on the f(x) Operating System is available in the next section.

What is f(x) FXTP?
FXTP is the Function X transmission protocol. As the name suggests, it is a fully decentralized transmission protocol, similar to HTTP. It will allow total decentralization and P2P transmission of data in a distributed network. More information on FXTP is available in the f(x) FXTP subsection.

What is f(x) decentralized docker?
Decentralized docker, i.e. DDocker, is an open platform for developers to build, ship and run distributed applications. More information on the f(x) decentralized docker is available in the f(x) DDocker subsection.

What is f(x) IPFS?
InterPlanetary File System (IPFS) is a protocol and network designed to store data in a distributed system. More information is available in the f(x) IPFS subsection.

Is there a document for this? Any source? Thanks much man

They can be found at FAQ at www.functionx.io.

Direct link: https://www.functionx.io/#/faq

Everyone,

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