OVERVIEW:
The Internet has come to stay and it’s expanding, we witnessed an era were communication became seamless with the advent of Tcp/Ip. We also witnessed a suitable bank of information in that data or whatever is required can be accessed on online partially wiping out traditional methods which forced to either adapt or die out. This advancement has given rise to what we know today as tech giants, Apple, Google, eBay to mention a few, they have so dominated the space that every one of us is a part of it.
Then came the cryptographic ledger, developing rapidly with the introduction of Btc, Ethfully called ethereum which made owning digital asset possible.
FUNCTION X ON THE INTERNET SPACE
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Bringing change to new tech, it is mandatory of emerging tech to bring to the table massive improvement that will in aspect out best the former, in terms of speed, accuracy, transparency, and consensus.
F(x) is entirely block operated platform from the source code, to every other detail with 5 core functionalities
Components of F(x)
Operating systemDecentralizationIPFSFXTP
All which serve a single purpose of decentralizing all that pertains to mobile phone communication ( apps, services, data, website)
Function x is basically to incorporate decentralization into IoTs and hardware of mobile. This will first be achieved on F(x)phone. When other companies determine to adopt the same they would all have their mobiles in an ecosystem where each will be identified by a node and private key.
FUNCTIONALITIES
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Function x design
The design is based on the fact that blockchain should deal with the growing market demands of a p2p network. It gets high throughput which are results of a combination of non-centralized hardware’s ( XPOs, phone). The Xphone will fully be integrated with the Xoswhich is the operating system and then finally added to the chain.
Operating fully on the blockchain and like a crypto ledger where transactions are recorded on blocks likewise, phone call records, websites, etc. are recorded on the block. However, only the owner of a key would have the right to determine how stored data would be processed ( shared, destroyed ).
The F(x) os
This is an Android-based system that is fully optimized making it possible for users to switch between either of the systems. In the blockchain modeL, every activity is fully private and in the other, it functions traditionally. Android Os is chosen because of its open and public nature allowing the engagement of third-party developers.
The f(x) hardware
It works on the ARM architecture making it compatible with smartphones, computers, and TVs.
F(x) FXTP
Defined as a standard that defines how network commune with each other and exchange data using IP layers for delivery. We are familiar today with the HTTP which serves as the control to how data are being sent and displayed over the internet. Just like HTTP, FXTP is the protocol of the decentralized network.
The FXTP is different in that data is being processed based on a consensus system rather than the traditional client-based system.
Taking a brief look at the HTTP we observe that it operates using a client-server process where for example, a browser might be the client and the host where the request is found serves as the server. In the FXTP, the node that initiates protocol is both the client and the server hence more security and the avoidance of a middle party.
F(x) IPFS
This is a system where data is stored in a distributed system. With this, data can be retrieved using hash it then searches the nodes and supplies the requested file. The file is stored on the IPFS network. IFPS is secure which allows faster data transfer.
Xphone
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The first phone to incorporate cryptic ledger. Just imagine the numerous benefit of the cryptographic ledger and envision it in the way we use the mobile and internet. Way waxy beyond the financial scope. No need for a controlling service provider users can route whatever be it messages, calls through the ledger node without the need for phone numbers.
If user data is to be accessed (public shared data) the user just need to enter a private key and this shared data can be accessed. In access, all that happens with this technology is the decentralized network communication and sharing through the exchange of public and private keys.
Conclusion
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This tech advancement was drawn out of the need to create a crypto usage that goes beyond finance. Thus creating a better medium for point of sale network and in general improving our everyday lives and a better blockchain-oriented network.
To get further insight about the project, please click on the links below:
Website: https://functionx.io/#/
Facebook: https://www.facebook.com/FunctionX.io/
Twitter: https://twitter.com/functionx_io
Concept paper: https://functionx.io/assets/file/Function_X_Concept_Paper_v2.0.pdf
Telegram: https://t.me/functionx
YouTube: https://www.youtube.com/channel/UCmS83bWNR43jwEOC6EJaOyw
ANN thread: https://bitcointalk.org/index.php?topic=5166702.0
Author's Bitcointalk Username: Jannyh
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1883625