XYO, one of the oldest decentralized physical infrastructure network projects, announced the launch of a public beta version of its own layer 1 blockchain.
Xyo is moving away from the ethereum layer 2 ecosystem (ETH), where he was previously worked, towards a layer 1 blockchain specially designed to improve the capacity of the network to manage large volumes of data in real time with high speed and low latency.
The new Blockchain of Xyo layer 1 introduces a new consensual mechanism called Proof of Perfect. This system allows decentralized nodes to identify the correct chain in a deterministic manner to add a block by classifying algorithmic chain tips according to their “perfection”, assessing the validity, the reorcess and alignment of the protocol of each trick. This method eliminates the need to treat the history of the complete chain, improving efficiency without relying on models of consensus with high energy intensity.
This is activated by a look window mechanism which limits the active memory of each node to recent transactions, while archiving older data for future access.
Double token architecture with XL1
Xyo also announced a new utility token, XL1. The original XYO token will continue to fulfill the governance and development functions while XL1 will manage the operational needs of the network, including payment of basic and gas costs for transactions and execution of intelligent contracts, priority costs and rewards for participants in the active network.
This structure is intended to balance governance in the long term with real -time operational efficiency, offering tailor -made incentives for token holders and participants in active networks.
“By decoupling the governance of transactional utility and designing performance and safety incentives, this new generation token model laid the basics of a truly scalable and decentralized infrastructure network which is optimized for the next wave of depolition innovation,” said company in the press release.
