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Publishing, like most industries in the digital age, is struggling to find a way to redefine itself. With more application publishers moving to online and electronic formats, traditional distribution and revenue models aren’t quite cutting it anymore, which is why blockchain systems are getting a lot of attention from developers, authors and content creators.
While different proposals have different mechanics, the core idea behind them is that a lot of the things that traditional publishers do, like managing copyright and licensing, distributing profits, and facilitating collaboration, could easily be done in a less centralized way using smart contracts and a blockchain record.
There are several application publishing platforms on the market; sometimes, it becomes confusing identifying the real and genuine ones. But one platform that has proven beyond every reasonable doubt to be real and beneficial to developers is the X42 Protocol platform. X42 stands tall on the market leveraging its unique selling proposition to help publishers curate and publish their applications.
What is X42?
X42 is a blockchain-powered cryptocurrency based in the Stratis technology but is not a fork instead just share most of its technology. X42 allows the creation of different decentralized applications. X42 is a feeless, nearly instant, proof of stake cryptocurrency that pays dividends in the form of stakes. Whether you are a small developer or you want to create large projects, X42 is a viable option to consider.
X42 Blockchain Project
Aside from having a pretty clever name, X42 checks most of the boxes on the publishing-chain wish list. x42 uses PoS (proof of stake) as a coin generation method as well as validation for newly generated blocks, which benefits the interest of organizations running the network, and securing it against attacks.
This is very useful because any user or organization can take advantage of running an x42 full node and the nodes needed for their own blockchain without the need for expensive and dedicated hardware. Block reward will be 2 coins per block until block number 400.000, after that all blocks will only generate 1 coins until the maximum supply of 42.000.000 x42 is reached.
Owners of x42 masternodes will be able stake their coins to generate new ones related to the amount they are currently staking until the total supply is created. Until and after that point owners will also receive a percentage of transaction fees from the games and decentralized applications hosted on the side blockchains that they decided to host on their masternode.
The main idea of setting up x42 is to enable publishers with zero capital to publish their application on the blockchain. The X42 protocol works around a main blockchain which hosts all the x42 coins and three types of nodes.
X42 coin is relatively unknown to so many investors for now which makes it seriously under-valued. Without the traditional launch, given there is no initial coin offering (ICO). The x42 core development team and community are working hard, and the value is already observable, the coin price is moving towards the higher side and with the potential, it could be amongst the next bumper hits.
In fact, Ripper, Tron, and other coins that are doing well now started like X42. From X42's potential, in the coming days, there is a chance that the price of X42 will skyrocket. Thus, it becomes one of the highly watched options to go for.
As a prospective investor, you can start staking with whatever amount you have, as there is no minimum amount required. It is a simple process, all that it takes is just 2 clicks of your mouse. By far, it is the safest and easiest coin to stake on the cryptoecosystem.
Now, let's see the other benefits of investing in the X42 project:
● Zero Fees: X42 will not charge you a dime for your decentralized applications to be published. This means more profits for you.
● Scalable: X42 is absolutely scalable. You can test the scalability anyhow you want it.
● Fast: All transactions on the X42 protocol are very fast. According to the team behind X42, block time is about 60 seconds.
● Private: All your transactions would be kept private. Regardless of the location of your team, they will receive every unit sent to them.
● Security: Are you scared of losing your investment? X42 takes the issue of security very strongly.
x42 is one of very few coins with a tiered masternode system, more information can be found on discord: https://discord.gg/sCWgZwf
Anyone looking to take it up can do it through these exchanges –
Stex (https://app.stex.com/en/trade/pair/BTC/X42)
Graviex (https://graviex.net/markets/x42btc#)
Altmarkets (https://altmarkets.io/trading/x42btc)
All further information at: https://www.x42.tech/
