Category

Why Xank?
Information about Xank's network, governance, use cases, and other aspects.
15
Mar

Centralized Governance? Not with Xank’s Masternodes

Governance models in cryptocurrencies have always been the subject of debate. Which model is immune to collusion and centralization? Which model prevents an individual or group from dominating the network?
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26
Feb

What Happens in the Event of an Oracle Feed Failure?

In our previous story, we introduced Xank’s oracle system of decentralized oracles implemented at the masternode level with staker node participation in the event of interruptions or losses.
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22
Feb

Xank’s Oracle System

If you watched the epic film 300 starring Gerard Butler as the mighty King Leonidas, you may remember the scene where the Spartan leader pays a visit to a female Oracle, the connector between the divine world and that of mortals.
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15
Feb

Xank’s Extreme Volatility Safeguard (EVS)

One crisp, spring day in April 2013, Bitcoin plummeted from $263 to $126. A 52% drop in just six hours.
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24
Jan

Xank’s Block Reward Distribution

When Xank’s blockchain goes live, blocks will be produced on Xank’s very own main net, which will implement a proof-of-stake consensus algorithm (you can read more about Xank’s consensus mechanism here).
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27
Dec

The Xank Constitution: Embedding Meritocratic Values into a Decentralized Network

In previous posts, we discussed Xank’s meritocratic governance and how consent is necessary when growing a decentralized network that is based on voluntary participation.
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05
Dec

Xank Governance: Inspired by Bridgewater’s Meritocracy System

Since Bitcoin’s creation, cryptocurrency governance has been a hotly contested issue. Governance is an inherent component of every network, be it a school lunch committee or Segwit implementation.
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09
Nov

Breaking Down Xank’s Proof-of-Stake Consensus Algorithm

The principle guiding philosophy of Xank is that of meritocratic governance. To achieve this in cryptocurrency relevant terms, network consensus is created by engaging the network’s ‘most able and most willing.’
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15
Oct

The Xank Reserve: An Autonomous Self-Funding Stabilizing Mechanism

Establishing a currency price peg to any underlying asset traditionally involved holding a reserve of the underlying asset.
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14
Sep

Xank Use Cases: Funding Innovation and Worthwhile Causes

So far in this blog series, we examined the workings of the Xank cryptocurrency and how it can exert stability to this ecosystem by virtue of its stablecoin functionality.
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08
Aug

Stablecoin Benefits for Cryptocurrency Exchanges and Merchants

A cryptocurrency achieving stablecoin functionality can not only have a wide-ranging impact on the cryptocurrency and digital currency ecosystem, but it can also have a positive impact on the broader financial system.
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25
Jul

Xank Stable Pay: Achieving Stablecoin Functionality On-Demand

Cryptocurrencies are inherently priced unstable due to the market interactions of supply and demand.
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13
Jul

Inherent Stablecoin Challenges That Xank Is Set To Overcome

The stablecoin concept came about as a way to mitigate against the price volatility that most cryptocurrencies face which has ultimately hindered their adoption.
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