Elixxir announced on 10 September the launch of the network public alpha, maintained by a team of nodes run by independent operators.
Elixxir commenced by conveying that the network provides unprecedented consumer privacy and security. The firm further added that in the coming time users would have a chance to test the network for themselves. Elixxir stated that currently, select partners were testing the public network. Elixxir noted the potential of the network quoting processing speeds of 500 transactions per second, scaling to 2,500-5,000 transactions per second.
Elixxir is a platform that supports secure messaging, payments, and decentralized application (dApp) data transfer. Elixxir is capable of supporting high volumes with extremely fast processing. This is in a bid to support global consumer adoption of the decentralized blockchain.
David Chaum, the renowned cryptographer leading Elixxir cited –
“We’ve worked very hard over many years to design and develop the Elixxir privacy protecting platform and now users can access the platform for private communication. It’s one thing to talk about and describe such a platform, it’s quite another to make it available for use on a smartphone. I’m very proud of our team for getting this done.”
Elixxir maintained that the network public alpha nodes are run by a portion of reputed node operators around the world. The firm continued that the operators include Bitcoin.com, Chainzilla, Everstake, Incrypt, Iqlusion, and Simply VC. Elixxir summarized that selectively chosen, these node operators would contribute their feedback to inform the next version of the network later in the year.
David Chaum, announced a new virtual coin, Praxxis, supported by a quantum-resistant blockchain. Praxxis informed that the currency had been designed to leverage the power of its privacy-protecting platform, Elixxir. The blockchain firm further added that the Praxxis consensus protocol overcomes the scalability, privacy, and security challenges. Such adversities are faced by legacy blockchains. Praxxis scales to deliver the seamless peer-to-peer version of electronic cash.
Elixxir concluded by throwing some light on the novel network. The network is the global community supporting projects and includes over 3000 community members who have joined to secure early access. The network is available on iOS and Android to support participation in the Elixxir privacy platform. The support is also extended to Praxxis blockchain on the way to professional release.