XYO Network Is a System Without Trust

Author (doblok)

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Introduction

The purpose of the XYO Network is to create an unreliable and decentralized oracle system that is resistant to attack and produces the highest certainty when asked about available data. The team hopes to achieve this through a series of abstractions that greatly reduce the risk of location spoofing through a zero-knowledge proof chain along the system components. The XYO network has four main components: Sentinel (Data Collector), Bridge (Data Provider), Archivist (Data Printer), and Forecaster (The Answer Aggregator). Sentinel collects location information through sensors, radios, and other means. The bridge took this data from Sentinel and gave it to the Archivist. The archivist keeps this information for the Divinators to analyze. Forecasters analyze the heuristic locations of the Archivists to generate answers to questions and provide accuracy scores to them. The Divinarians then deliver these answers back into the smart contract.

What is XYO?
XYO is a blockchain-based, trusted, zero-knowledge proof, cryptographic site network that eliminates the need for central location data collection. The XYO network enables the localization of an object or person across many device classes and protocols. To make this possible, the XYO team uses "proof of origin" and "bound testimony" to bring the decentralized Blockchain world together with our real data in a new breakthrough network.
This may sound like something from the future, but as I said at the opening of this article, we live the future, and the XYO project is already available and operational. They have the existing operational infrastructure of 1,000,000 tracking beacons, which are one of the largest consumer Bluetooth and GPS networks in the world, and for the XYO project this is just a start!

End to End Functionality

Sentinel Collecting Data • Sentinel collects real-world location heuristics and prepares their own Proof of Origin to be chained to nodes above it.

Bridge Collecting Data From Sentinel • Bridges collect the necessary data from Sentinel online and add Proof of Origin to their chain. Bridge then makes themselves available to Archivists in the Network.

Archivists Index / Assembly Data from Bridges • Bridges continually sends information to Archivists which are then stored in decentralized stores along with a heuristic index of locations.

Diviner Takes User Requests • Opinion poll for queries sent to the Ethereum smart contract and decides to start the process of formulating the answer

Diviner Collects Data From Archivists • The Diviners then decide to take the query by retrieving the appropriate information required from the Archiving network.

Diviner Defines Answers • The Diviners choose Best Answer for requests from the Archiving network that contains the best Origin Chain Score.

Diviner Proposes Blocks • The Diviners then propose blocks on XYOMainChain which contain the contents of the answers, requests, and Token XYO (XYO) paid through the Work Proof.

Diviner Returns the Results to the Query Initiator • The Diviners package the answer, Origin Origin Chain Score, and their digital signature series and send it to the secured adapter component to the XYO smart contract.

XYO Network Components Appreciated for Work • Components along the Origin Chain Proof are paid for their involvement in taking answers to questions.

Security Considerations

Counterfeit Diviner Attack. A set of digital signatures is sent to the XYO smart contract because the contract needs to verify the integrity of the Diviner who sent the answer. The contract can then verify the other Diviners who signed this list in a high confidence interval.

DDoS Sentinel Attack. t a certain point of time, Proof of Origin Chain can be verified by anyone because it is stored in XYOMainChain. This ensures that if one entity along the chain is compromised, the accuracy of the query answer (Origin of Chain Score) will drop to 0.

Token Sale

Public token sales have a tiered pricing structure that starts at 1 ETH: 100,000 XYO and maxes out on 1 ETH: 33,333 XYO.

Smart contract platform: Ethereum

Type of Contract: ERC20

Token: XYO

Token Name: XYO Network Utility Token

Total issuance: Limited and limited to the amount achieved after the Main Sale of Token 15

ICO Sale: March 20, 2018 - May 20, 2018

Amounts incurred during major sales: Unlimited

Unsold and Unallocated Token: Burned after token sale event. No further XYO tokens will be generated after the Main Sale ends.

XYO Network Components

The XYO network has four main mechanisms: Sentinels, Bridges, Archivists, and Diviners. These four mechanisms allow for geo-centric consensus and validation of unreliable location data. This means that when you write a smart contract that agrees with an object that appears on a particular XY coordinate, if it is there, you will know it on that page with absolute certainty. All this is done without the risk of misleading the location of the signaling device that is sent by thousands of Sentinel Verbs in the Oracle XY Network with the longest proven sequence (hence a lighter confidence than heuristics ).

SENTINEL

The key factor is a heuristic witness. They observe the heuristic and ensure the certainty and heuristic accuracy by creating a temporary ledger. The most important aspect of the Sentinel is that it creates the ledger that Divins can be sure of coming from the same source by adding a Proof of Origin to them.

BRIDGE

The bridge is a heuristic composer. They have safely delivered a heuristic checkbook from the Sentinel to the Diviners. The most important aspect of the bridge is that Diviner can ensure that the heuristic ledger received from the bridge has not been altered in any way. The second most important aspect of Bridge is that they add Exhibit Evidence.

ARSIPIS

The storage component stores the heuristics in the form of decentralized storage for all historical purposes, but without them. Even if some data is lost or temporarily unavailable, the system remains active, but only by reducing the accuracy. Archives also index the ledger so they can return a series of ledgers if needed. Archives only store raw data and are only paid for data retrieval. Archive is always free.

GOVERMENT

Diviner answers the questions given by analyzing the historical data that has been stored by XYO Network. To achieve this, heuristics stored in the XYO Network must have high level of evidence of origin to assess the validity and accuracy of the diagnosis by assessing evidence based on evidence of origin. Since the XYO network is a system without trust, Diviners should be encouraged to provide an honest analysis of heuristics. Unlike Sentinels and Bridges, Diviners use Proof of Work to add answers to blockchains.

How does it work?

When the customer confirms the order, the Ethereum Smart Agreement is established and will pay the agent after the shipment of the product has been successfully purchased. The distribution will include the XYO Network Sentinel, a low cost electronic device that records its connections to other devices on the XYO Network in its blockchain log. Other XYO Network Devices also record their interactions with sent packets. Each of these interactions will be independently verified, confirming the location network provides all the way back to the origin of the delivery. When delivered to its endpoint, confirmed by its interaction with the XYO network equipment inside the buyer's home, a smart contract will be met, and payment will be issued. There must be an argument.

ROADMAP

2017

• XY Track Track Track Track: "XYGPS"
• XY launches the world's first Bluetooth GPS and Bluetooth hybrid. XYGPS can report its location anywhere in the world where mobile data and GPS are available.
• XY releases XY4 + device
• XY has released an XY4 + device that makes it possible to act as a XYO Network node through software updates.
• XY passes 1,000,000 Flags
• There are already a million XY devices.
• Blockchain is based on the Oracle XY Born network
• Developed to remove the network platform from the internal XY position to open the implementation of the starting block: Oracle XY Network was born.

2018

Q1 & Q2

• XY Mints "Xyo Token" was first used for the Smart Contract for Network Access
• The first XYO Token is created and represents the official currency used in the XYO Network.
• XY to complete XYO in the test network ("XY TestNet")
• XY will complete the development of the Oracle Testnet XY and begin the location block procedure focusing on its Sentinel device.

2018

Q3 & Q4

• XY will launch the XY Oracle Main Network ("XY MainNet").
• XY will launch the full deployment of the Oracle XY Network to XY Sentinel lights and begin testing with new Sentinel partners (mainly IoT companies and mobile application developers).
• XY to Complete API for Smart Contract Developers to Interact with Oracle's XY Network
• The release of the XYO Network API allows smart contract developers to write contracts to interact with XY networks. The library will be set up: the Ethical Unity Library, the Ethereum Viper Library, and the JavaScript Library for websites that work with the XYO Network (similar to Web3.js merged with MetaMask).
• XY will release XY Sticker-Based Tracker, which can be added to the E-Commerce Package
• Launch of the "XY-Stick" product allows e-commerce retailers to track each of their products in real time.

2019

• XY to Develop a Global Network of Multiple Sentinel Location Devices
• Develops XY Sentinel coverage (the location of data providers and testers) as well as other components of the Oracle XY Network (Bridge, Archiver, Burial).
• XY Satellite Launches SatoshiXY and VitalikXY LEO Satellite
• Shares will be sold on XY's Low Earth Orbit satellite; This bet represents ownership in the XYO Token Awards.
• XY for businesses, retail organizations, and companies with more use cases to verify location.
• Formalized business relationships with larger companies and entities that can take advantage of hierarchical and untrusted locator instincts (eg logistics systems, companies supply chain, hours of auditoras, ecommerce businesses and countless other niches).

2020+

• XYO to extend the global reach of the entire Oracle XY network

MORE INFORMATION PLEASE VISIT LINKS BELOW:

Website: https://xyo.network/index.html
White Paper: https://xyo.network/whitepaper/
Twitter: https://twitter.com/XYOracleNetwork
Telegram: https: // t.me/xyonetwork
Facebook: https://www.facebook.com/xyonetwork