Xana: An idea whose time has come
Bitcoin is unique and revered for its immaculate conception, creating a revolution and open financial network that is borderless, fair and functionally immutable.
We propose an updated payment protocol that solves distribution through "Proof of Participation" and is fully compatible with modern mobile devices.
Also, we welcome Sybil attacks due to a modular design and data availability sampling that with will scale the blockchain and allow it to run smoothly on phones.
Please review project at:
https://docsend.com/view/5frhfza5b68dyatvXana is an evolution in cryptocurrency involving a verifiable random function consensus mechanism, data availability sampling & proposed private features. It solves fair distribution and ushers in a mobile era for block production and rewards.
Join our journey early and contribute to the next step in decentralized and fair money.
Team Xana
https://xana.org It's interesting to see how ambitious you are first of all going with the narrative of the fairest layer 1 since bitcoin. Another thing I noticed which I am impressed but still find it a bit difficult to accomplish is the mobile agnostic blockchain participation.
How do you intend to achieve hosting a network on a phone while the phone is still functioning optimally on its day to day operations? I'm assuming any phone that would be doing a proof of participation on the network is likely going to be idle and can't be used to do anything else due to the intense computation power it may need to process other stuff.
If you can throw more light on this, I believe members of this forum will appreciate that a lot.