Dxchain
June 17, 2018
Scalable, public and expandable blockchain designed for large data and machine learning. It is aimed at providing the most stable and universal solution for distributed storage and data computation.
Dates and Metrics
TBA. Private sale is over, wait for the public sale.
According to the answer of telegram admin they will sell 13% for 16000 ETH. If the information is correct, then the final cap will be 123 000 ETH.
Social metrics
Age of the site: 1 year and 160 days
Attendance: 616 per day
Alexa: the main traffic from United States - 35.6%
Twitter: March 2018, 20k readers (bounty wrapped), 61 tweet, more or less interesting posts.
Telegram: created on May 8, 2018, 20k subscribers, telegrams wrapped by airdrop, communicate a little, a couple of messages per hour at best.
Additionally: Medium - 12 articles, from 60 to 1k hand.
Youtube: 323 subscribers, 2 videos about the bounty and airdrop.
Facebook: 72 subscribers, 27 posts, mostly about the project.
Team:
The team has 8 people (4 men and 4 women).
Allan Zhang – co-founder. Founder of a fairly successful company Trustlook (USA since 2013. 50 employees), is engaged in security developments. Created an application for Android devices Antivirus Free-Mobile Security more. 10 million downloads. User rating 4.5 points. The clients of the company are Huawei, Oppo, Qualcomm.
Wei Wang – co-founder is an expert in artificial intelligence and a specialist in working with databases.
Two co-founders are from the Trustlook, firm mentioned earlier.
Taosheng Shi. Blockchain engineer. For five years he worked at Nokia and has experience in distributed systems.
This is a trifle, but still - the first project that specifically made a photo shoot for the ICO. And almost everyone in their LinkedIn recorded DxChain as a place of work.
Advisord:
Leo Wang – is a partner of PreAngel Partners fund (invested about $ 100 million in Chinese companies, mostly Internet games).
Fan Zhang – adviser of Iotex, Boosto. He previously worked as a partner in Sequoia Capital China and as a director of DFJ ePlanet Ventures. Mentioned in the rating of Forbes as one of the leading venture capitalists in the annual list of Midas in China.
Investors:
Node capital (aelf, fortuna, gifto).
Signum capital (Traceto, Fantom, Libra, Eximchain, Quarkchain, Sentinel, Rate3 and others).
DFund (invested in Libra).
Block VC (gifto, medicalchain, republic, zipper, iotex, NKN, odyssey, slrumble).
Fenbushi Digital and a lot of other less known funds.
A little deeper about the project
Whitepaper: create a block with Dapps and implement platforms for processing Big Data. Users will store data, trade and use a platform for data analysis.
The system will be held by network providers: they will provide storage and processing power. The first adequate dudes who do not just declare big data, but promise to implement Hadoop - a platform for working with large data (they, Google and + 5 competitors allow real processing of large data). No cryptostart will ever make a solution that closely resembles the reality of use. It's good that DxChain understands this.
There will be a master chain and two side chains: (1) data / storage side chain - storage; (2) computing side chain. The project is very similar in its idea to the Quadrant protocol.
Tokens
First ERC-20, then swap on their token. Token for commissions, rewards to miners and network members, etc.
Structure
Side Chains. The data side chain will check through the Proof of Spacetime mechanism whether the provider is actually storing the file.
The computation side chain will be the main for the big data of the Hadoop platform. Through two mechanisms of verification (verification game and Provable Data Computation) tasks will be distributed and the work of nodes (which provide computing power) will be monitored. The Verification Game mechanism controls the correctness of calculations for, through 3 types of users: solver, verifier, judge.
The Computation Chain will be able to take data from the Data Side Chain and bring the result back. When everything is calculated, the result and the required rewards are saved as a smart contract in the master chain. Interestingly, Storage & Computation Chain is a "working" solution that does not need to store all the used data. The project promises to implement the mechanism of chain circum.
MVP is not present
Github: no