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XYO Matrix is Now LIVE on Mainnet – XY Oracle Network –

XYO Matrix is Now LIVE on Mainnet – XY Oracle Network –

Hey there XYO Community,

A powerful update to share with the Community.

The XYO Matrix is no longer confined to Testnet. XYO launched the network publicly back in November 2018, and we have now set our own version block explorer — The Matrix — LIVE on the Ethereum Mainnet. Users wanting to put our XYO network through the paces without putting actual money behind their activities, please continue to use Testnet (Kovan). For those ready to get into actual staking, head to the live network.

There is a bit more to explain, and for those of you better with images, we have a visual explanation of how to move to Mainnet, how to stake and what it means for you as a Community member, I’ve enlisted our lead technical writer Phillip Lorenzo for a helpful video overview. Watch the video below.

On The XYO Matrix, users can connect their Ethereum and Kovan wallets in the browser to both networks, then move seamlessly between Testnet and Mainnet. Just be aware that if you do switch from Testnet to Mainnet you will manually need to change your wallet’s network as well. And remember that when you make the change to Mainnet you’re no longer using your Kovan XYO Tokens that we provide for free from a Kovan faucet. Mainnet is the real deal and the engagement and staking are actual. For those technically minded, The Matrix is now connected to the SCSC and Ethereum which is the kernel of what we are announcing.

With the launch of the XYO network, we have a live, distributed geospatial cryptonetwork with thousands of nodes globally, and Bound Witness Interactions and Mainnet transactions happening daily. Our network allows users to confirm relative location of sentinels as they come into contact with other sentinels. Over time, the data being made available will also include other heuristics such as light, temperature, vibration, pressure, air quality and more, driving broader applications for consumers and businesses everywhere. And users will be able to see and follow this activity on The Matrix.

Published at Fri, 26 Apr 2019 13:12:40 +0000

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