Tylx stands out as a pivotal moment in the Web3 and Metaverse gaming world. This decentralized in-game currency aims to provide players and developers with a more free, transparent, and secure experience by breaking away from the limitations of traditional gaming economies. Players can transform their in-game achievements and assets into real-world value with Tylx. Through decentralized control, players can have more say over in-game economies. Fast and secure transactions allow players to save time. They can enjoy a richer gaming experience by transferring their virtual assets between different games. Game developers, on the other hand, can attract new players with Tylx integration. They can increase the participation of existing players and create new revenue models. Through inter-game collaboration, they can build a larger and more vibrant community. Tylx establishes a standard among Web3 and Metaverse games, enabling players and developers to interact more easily. It contributes to the growth of virtual economies and accelerates the integration of blockchain technology into the gaming industry. In the future, Tylx will play a significant role in the development of virtual worlds by being used in a wider range of areas such as in-game financial services, reward systems, and community management. It will offer new opportunities to players and developers. Additionally, Tylx can create a fairer competitive environment among players. Developers can make their games more innovative and user-centric. Tylx is seen as a revolutionary technology in the gaming industry. Its blockchain-based structure provides a reliable and transparent economic system. This fosters greater trust between players and developers. Tylx is not just a currency but also a tool for building a gaming ecosystem. This ecosystem supports the long-term success of both players and developers.
Our presence on social media platforms is vital to interact with our community and bring our project to a wider audience. Every share, comment and interaction you make on platforms such as Telegram, Instagram, X (Twitter) and LinkedIn will directly contribute to the growth of our project. By following us on these platforms, you can instantly access our latest news, announcements and events. You can help us increase the awareness of our project by sharing the content we share with your own followers. In particular, the comments you make on our posts both show your interest in our project and attract the attention of other users. Your questions, suggestions or feedback allow us to improve our project and better meet the needs of our community. By sharing our project on professional platforms such as LinkedIn, you can support us in connecting with other professionals in the sector and creating collaborations. Your social media interactions strengthen the digital footprint of our project and help us become more visible in search engines. In this way, we can more easily reach potential supporters and investors who are interested in our project.
Proof of History is a sequence of computations that can provide a way to cryptographically verify the time passage between two events. It uses cryptographically secure functions written in such a way that the output cannot be guessed from the input and must be fully executed to generate the output. The function is executed in a sequence on a single core, taking its previous output as the current input, periodically recording the current output and the number of times it has been called. The output can then be recomputed and verified by external computers in parallel by checking each sequence segment on a separate core. The array can be timestamped by appending the data (or a hash of the data) to the state of the function. Recording the state, index and data as they are added to the array provides a timestamp that can guarantee that the data was created some time before the next hash is generated in the array. This design also supports horizontal scaling because multiple generators can synchronize between each other by shuffling their states into each other’s arrays.
Excerpted from whitepapper read chapter 4 of whitepapper for more information.
Testnet is a virtual network designed for developers to create, experiment, and test new coin projects in a risk-free environment. The coins used on Testnet function similarly to those on the mainnet, but they hold no real monetary value, making them ideal for testing purposes. One of the key advantages of Testnet is the absence of network congestion and transaction fees, allowing developers to test transactions quickly and efficiently. This enables them to identify and fix bugs, optimize performance, and ensure the security of their projects before launching on the mainnet. Additionally, Testnet provides a sandbox environment where developers can simulate real-world scenarios without the fear of financial loss. It also encourages collaboration, as developers can share their Testnet projects with others for feedback and improvement. By using Testnet, developers can refine their blockchain applications and ensure a smooth transition to the mainnet, ultimately contributing to the growth and innovation of the blockchain ecosystem.
Long-range attacks involve obtaining old discarded private keys from clients and creating a fraudulent ledger. Proof of History (PoH) provides some protection against such attacks. A malicious actor with access to old private keys must reconstruct a historical record that takes as long as the original record they are trying to imitate.
This process requires access to a processor faster than what the network is currently using; otherwise, the attacker can never catch up to the historical length. Additionally, a single time source allows for the creation of a simpler Proof of Replication (PoRep) mechanism.
Since the network is signed in a way that ensures all participants trust a single historical event record, PoRep and PoH together provide both storage (space) and time-based defense against a fraudulent ledger.
Tylix operates on the Ethereum network under the ERC-20 standard, ensuring fast transaction confirmations. The token benefits from smart contract audits and strong security measures, ensuring that users' transactions are secure. Additionally, the token burn mechanism limits supply, fostering value appreciation over time.
Tylix stands out by providing full-range liquidity support, enabling trades across all price ranges. It also features a community-driven governance model, where token holders can actively participate in decision-making. The token burn mechanism and continuous ecosystem development further distinguish it from other tokens.
Tylix staking can be done through specific platforms within the ecosystem. Users can stake their tokens by providing liquidity or participating in ecosystem development programs to earn rewards. This process allows users to actively contribute while earning passive income.
Tylix is listed on decentralized exchanges like SushiSwap. Users can purchase Tylix with Ethereum (ETH) or other supported cryptocurrencies. The token may also be listed on additional platforms in the future.
The token burn mechanism is designed to reduce the overall supply of tokens, which can lead to value appreciation. By regularly burning tokens, Tylix aims to maintain a healthy token economy, ensuring long-term sustainability and benefiting users through increased scarcity and potential value growth.