Description
Praxxis is a cutting-edge blockchain project that emphasizes scalability, security, and simplicity for cryptocurrency users. Its distinctive consensus mechanism is crafted to mitigate the common compromises among scalability, security, and decentralization found in other blockchain technologies. The project aims for the mass adoption of cryptocurrencies by enabling transactions that are both swift and private, addressing the need for high-speed transactions without sacrificing confidentiality and security. Praxxis leverages the privacy-protection technology of Elixxir and presents a quantum-resistant blockchain architecture developed by David Chaum, setting a foundation for a secure digital finance ecosystem. It features novel cryptography that diverges from mainstream methods, alongside a unique approach to transactions that involves breaking payments into denominated coins. These coins are then mixed with others to ensure privacy, all while maintaining a high-performance consensus protocol that supports low-latency, high-volume transactions globally without centralizing power. Praxxis's integration with web3 functionalities paves the way for a new digital financial era, prior...
Praxxis is a cutting-edge blockchain project that emphasizes scalability, security, and simplicity for cryptocurrency users. Its distinctive consensus mechanism is crafted to mitigate the common compromises among scalability, security, and decentralization found in other blockchain technologies. The project aims for the mass adoption of cryptocurrencies by enabling transactions that are both swift and private, addressing the need for high-speed transactions without sacrificing confidentiality and security. Praxxis leverages the privacy-protection technology of Elixxir and presents a quantum-resistant blockchain architecture developed by David Chaum, setting a foundation for a secure digital finance ecosystem. It features novel cryptography that diverges from mainstream methods, alongside a unique approach to transactions that involves breaking payments into denominated coins. These coins are then mixed with others to ensure privacy, all while maintaining a high-performance consensus protocol that supports low-latency, high-volume transactions globally without centralizing power. Praxxis's integration with web3 functionalities paves the way for a new digital financial era, prior...
