XAG Public Chain Group is favored by many institutions, experts are keen to discuss the white paper.

July 16 06:21 2019

According to xrpgeek news, Xrpalike gene system has completed performance and contact operation tests, including Argentina Tigre, USA WR, Australia BCG Community and other institutions (organizations) become super-node operators, the XAG website built by community volunteers has been published. The website is https://www.xrpgen.com; Twitter: xrpalike

According to its website white paper, it is learned that the public chain advocates liberal economic philosophy, and its main structure is composed of main chain, sub-chain and storage. The financial blockchain system is constructed in accordance with the four open principles of trust foundation, community governance, practicality, and full open source code. Industry experts believe that the system chain group can realize practical scenarios such as value exchange protocol (VEP), distributed data storage (DDS), blockchain as a service (Baas), self-financing applications, individual cross-border payment and settlement, asset Tokenization, data Tokenization, consensus free economic profit distribution, etc. In addition, it also includes self-established ecological governance system performance. Some researchers say that the public chain group is the product of the urgent demand of the market for the practical application of the mature public chain. With the mature market foundation of XRP network system, XAG can play an expected role of the financial and derivative fields in a wide range of commercial and social activities.

Some researchers say that the public chain group is the product of the urgent need of the market for the practical application of mature public chain, because XAG technology is based on XRP block chain technology, which ranks third in the world market at present. XRP network is a block chain system which has been accepted and used by banks and financial payment institutions for the longest time, the widest cross-border area and the largest number of customers so far.

The centralization of its main services is a necessary condition for financial institutions to access, but the POS system adopted technically has always been a significant feature of its transaction security and smoothness. With the mature market foundation of XRP, XAG enters the same offline wallet with the same key as XRP, which gives users a deep sense of security and convenience. Based on the block chain group system, which is developed for individual self-financing applications, developers will open the source code completely, which is expected to play a free and independent role of the financial and derivative fields in a wide range of commercial and social activities.

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