Function X-Decentralized Internet Powered by Blockchain Technology

Blockchain is one of the best technologies today. The presence of this technology, creates a new change in the digital world. One of them is development of crypto currencies, now development of crypto currencies has been increasingly large and spread throughout the world and anyone can now use it for transactions or investment.

Transactions nowadays are not only through ordinary computers or laptops, but can also be done via smartphones. The development of smartphones is also growing rapidly, because the benefits and conveniences are more flexible to carry anywhere, compared to having to carry a laptop or computer.

These conditions make developers create new ideas to create a system or program that can run on smartphones. The presence of blockchain is also something that can be combined with smartphones to create something new in digital internet technology like today.

Large companies compete to create a new innovation that can facilitate work or help someone's activities. Now I have discovered something new in development of blockchain, in which this company makes a technology that is different from the others. This project is called Function X. Function X is here to combine blockchain technology with smart devices.

Function X
The Internet was just the beginning
The advent of the Internet has revolutionized the world. It created a communications layer so robust that it has resulted in TCP/IP becoming the network standard. The Internet also created a wealth of information so disruptive that a company like Amazon threatened to wipe out all the traditional brick-and-mortar bookstores. These bookstores were forced to either adapt or perish. The same applies to the news publishing sector: the
offerings of Google and Facebook have caused the near extinction of traditional newspapers.

The digitalization of the world with the Internet has enabled tech behemoths like Apple, Amazon, Google and Facebook to dominate and rule over traditional companies. The grip of these tech giants is so extensive that it makes you wonder if the choices you make are truly your own or influenced by the data they have on you as a user.

The Blockchain revolution will be the biggest digital revolution
Function X or f(x) is an ecosystem built entirely on and for the blockchain. Everything in f(x) (including the application source code, transmission protocol and hardware) is completely decentralized and secure. Every bit and byte in f(x) is part of the blockchain.

What we have developed is not just a public chain. It is a total decentralized solution. It consists of five core components: Function X Operating System (OS); Function X distributed ledger (Blockchain); Function X IPFS; FXTP Protocol and Function X Decentralized Docker. All five components serve a single purpose which is to decentralize all services, apps, websites, communications and, most importantly, data.

FX Coin is made for empowering the f(x) ecosystem

In the article "f(x) ecosystem and tokenomics explained", we have discussed the aim of f(x) ecosystem is to create a decentralized network that does not rely on any individual, organization and structure. f(x) will run autonomously. f(x) Coin will be the lubricator and connector to facilitate the operation of f(x) ecosystem with various utilization scenarios. In this article, we will focus more on the how the service providers can be motivated and grow in the f(x) ecosystem.

The theory behind the computation

Blockchain has integrated almost everything, such as storage, scripts, nodes and communication. This requires a large amount of bandwidth and computation resources which affects the transaction speed and concurrency metric.
In order to do achieve the goal of being scalable with high transaction speed, the f(x) blockchain has shifted out all the 'bulky' and 'heavy duty' functions onto other service providers, such as IPFS, FXTP, etc. We leave alone what blockchain technology does best: Calibration. Thus, the role of the Tipping Jar is to distribute the appropriate tokens to all participants.

f(x) Coin / Token Allocation
Token allocation
We believe great blockchain projects attempt to equitably balance the interests of different segments of the community. We hope to motivate and incentivize token holders by allocating a total of 65% of tokens from the Token Generation Event (TGE). Another 20% is allocatedto the Ecosystem Genesis Fund for developer partnerships, exchanges and other such related purposes. The remaining 15% will go to engineering, product development and marketing. There will be no public or private sales for f(x) tokens.

NPXS / NPXSXEM is used to make crypto payments as easy as buying bottled water, while f(x) is used for the operation of a decentralized ecosystem and blockchain, consisting of DApps and other services. NPXS / NPXSXEM will continue to have the same functionality and purpose after the migration to the Function X blockchain in the future. Therefore, each token will be expected to assume different fundamental roles and grant different rights to the holders.

Introduction

Conclusion
This project is very good, they also collaborate with several other blockchain projects. Thus creating a multi-function system in various aspects and businesses. In addition, the development of their tokens also has very good value and is now spread on various well-known exchange sites.

I recommend you to take part and support this project, so that in the future this project will continue to grow and benefit everyone.

For more information you can see social media and official sites from Function X:

Website: https://functionx.io
Concept Paper: https://functionx.io/assets/file/Function_X_Concept_Paper_v
Telegram: https://t.me/functionx
Twitter: https://twitter.com/functionx_io
Facebook: https://www.facebook.com/FunctionX.io
Medium: https://medium.com/functionx
Youtube: https://www.youtube.com/channel/UCmS83bWNR43jwEOC6EJaOyw

Author:
Bitcointalk user: geekinlearn
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2577011