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BEXAM IEO on X-Hive Exchange

Bexam ieo on x-hive exchange

BEXAM IEO on X-Hive Exchange

Bexam ieo on x-hive exchange

On 13th of May, X-Hive, a crypto-to-crypto exchange with advantages of both Decentralized exchange (DEX) and Centralized exchange (CEX), will launch the pre-IEO of the BEXAM token ($BEXAM) with 10% discount. Users are able to purchase $BEXAM with bitcoin (BTC) on X-Hive exchange with this discount until the 20th of May. The second phase of the $BEXAM IEO is scheduled to start on the 27th of May.

What is Bexam?

Bexam, the next generation blockchain/DAG hybrid platform, is focused on providing a solution for large enterprises worldwide using blockchain. A solution for cross-industry platforms operating multiple transactions on the same chain, solving speed and scalability issue. Bexam builds custom applications for enterprises with distributed ledger technology using the Grid Ledger System (GLS). In the GLS network, this technological system gives roles to each individual nodes; similar to the process of sharding, by formulating a node hierarchy consisting of Super Nodes, Master Nodes, and Normal Nodes and Signal Nodes. This system is able to conduct optimization through data sharing and parallel processing in transactions, which is suited for DEXs as they are slower in speed compared to CEXs. As such, X-Hive Exchange is the first to be on the Bexam network.

BEXAM Token Utility

The functions of $BEXAM are as follows:

  • Master Node and Super Node staking/rewarding
  • Smart money
  • Functional cryptocurrency

Merit of holding the BEXAM token

  • Owning the $BEXAM gives you ownership of the Master and Supernodes; 500,000 $BEXAM for a Master Node, 100,000 $BEXAM for a Super Node.
  • Users will receive a 50% discount on the trading fee, by using $BEXAM to pay for the trading fee on X-Hive exchange, starting from the official launch of X-Hive.

Quantity Sale:

During pre-IEO starting 200,000 USD worth of $BEXAM will be distributed on X-Hive.

Pre-Sale Price:

10% discount from 0.12 USD = 1 $BEXAM

X-Hive exchange is scheduled to be officially launched in June 2019, which is when $BEXAM will be available to be traded on X-Hive.

About X-Hive

X-Hive benefits from Bexam’s unique technology; Not only does X-Hive solve the scalability issue present in decentralized exchanges, but also maintain a very high transaction speed of up to 40 million TPS. X-Hive can pair up any coin/token even with different original blockchain. With this, X-Hive aims to operate as the exchange with the most pairs in the world.

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.

Published at Sat, 04 May 2019 17:31:31 +0000

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Bcoin Protocol Gets Major Development Funding With New Agreement

Purse Introduces New Bcoin Protocol Agreement

Purse has announced a new agreement with Bitmain Technologies, F2Pool, Bitcoin.com and Bixin that will allocate millions of dollars to its bcoin protocol development.

When working with bitcoin, decentralization is king. Purse CEO Andrew Lee, through bcoin, extends that logic to the bitcoin protocol itself.

“For bitcoin to take off, we need multiple implementations with even market share,” Lee explains in a Medium post. “Decentralizing protocol development will lead to multiple clients, diverse communities, more developers, better security and more innovation.”

So what is bcoin? Put simply, bitcoin was written in C++ coding language, which has a steep learning curve and remains a bit out of reach for many developers. Bcoin helps to solve that problem by re-implementing bitcoin in Javascript, arguably a more widely used language. This opens the door for more innovation in bitcoin because more developers will be able to create apps and protocol improvements in Javascript instead of the more complex C++. In October of 2016, Purse announced that it would be running its online market service on top of bcoin.

An important feature of this new agreement is that the participants will gain no equity in any of the projects that arise from the funding. “Bitmain, bitcoin.com, Bixin and F2Pool donated funds for a non-equity stake to specifically help with supporting the development of multiple implementations. Similar companies also donated to Parity (who is working on a Rust implementation of bitcoin). The more client diversity bitcoin has, the better,” explained Steven McKie, head of Growth & Product Content at Purse, in correspondence with bitcoin Magazine. “Bcoin remains an independent project.”

As for how the funding will be allocated, McKie explains, “The funding will help directly with onboarding and training new developers to commit to the bcoin full-node implementation, open-source project.”

The timing of this announcement is important as it comes almost immediately after the announcement of the 2MBHF + SegWitSF agreement. According to McKie, “Bcoin will work to implement support for the 2MBHF + SegWitSF proposal into the codebase as we stated in our support for the proposal.” This funding agreement will go a long way toward helping that initiative.

“Bcoin is built for modularity and for developers to quickly be able to start utilizing bitcoin’s robust global network and start hacking together useful tools and applications. Our full node is built on a stack that is attractive to as many developers as possible (node.js). Bcoin has support for all of bitcoin’s latest features; it’s secure and production-tested by companies like Purse, BitPay, Bixin, Ripio and Bitwala — with more to come.”

The post Bcoin Protocol Gets Major Development Funding With New Agreement appeared first on Bitcoin Magazine.