EXRT Network (EXRT) Coin Guide & Detailed Review

Introduction EXRT Network (EXRT)

EXRT Network All issues mentioned in last update (new vectors of double-spend attacks, desync of nodes and tx fence synchronization failures) are fixed now and 9 other bugs in the experimental implementation of alphanet were fixed as well. With that done after many failed trials we have finally launched the earliest version (v0.1) of EXRT alphanet that is fully compatible with alpha protocol technical specification that defined last update.

EXRT Network This version of private alphanet has been stable for 25 days now so we consider it a success on development roadmap. Next up they need to develop improvements to the alphanet stability and to backend codebase that will allow us to try first ‘real-conditions’ cross-testiest transactions to happen (such as connecting real BTC and ETH testnets). EXRNex, EXRNswaps, EXRNpay and Alias are going to be actively developed after beaten as they all rely on cross-chain functionality.

EXRT Network Basic Point Table

Who Are Founder ?

EXRT Network TAI (Trustless Asset Identification) development has been pretty successful this year thanks to the funding started to utilize. Zhuan Wen (head of TAI development) delegated some segments of work to third party developers while also improving his existing code. TAI chain will be a separate light-chain (likely EXRT side-chain relying on EXRT validating power) and will likely have a token. Portion of TAI tokens will be reserved for EXRN/EXRT community.

Any other network/protocol will be able to utilize TAI technology within their own projects. They are planning to release EXRT mainnet with a simple early version of TAI initially and then put more of our resources into working on full potential of it. Trustless Asset Identification is now in the alpha stage of development.

Highly Scalable Innovative Blockchain

Built to empower hyper-responsive & secure decentralized cross-chain applications

Fast Finality

EXRT Network Sub-second block times ensure high throughput (1,000 TPS – 100,000 TPS) needed for EXRNchain crosschain ecosystem and massive scalability for smart contracts and DApps.

Decentralized Applications

EXRT VM is based on Ethereum Virtual Machine (EVM) codebase which allows for support of reliable decentralized applications and cross-blockchain DApps (running on EXRNchain).

Reliable Consensus

EXRT Network is exploring different consensus algorithms (DPOS, Threshold Relay, Tendermint, PoH, DBFT, CPOS) and will be based on the most secure and reliable of them (after sufficient amount of testing).

Crosschain Interoperability

EXRT Network is the core securing the EXRNchain ecosystem that allows for crosschain transactions and has dozens of use cases. This allows EXRT network to be an interoperable blockchain.

Instant Scalable Cheap Transactions

EXRT Network is focused on building scalable blockchains, be it EXRT chain itself or scaling for the whole ecosystem of blockchains, including Ethereum. EXRT will implement Layer-2 scaling Rollups for EXRT Network mainchain and EXRN crosschain gateway, which allows for instant, secure, fee-efficient and unstoppable transactions & inter-blockchain apps. EXRT team is exploring Optimistic rollups, zkSync and Fuel as a backbone for EXRT Network layer-2 scaling.

EXRT Token

EXRT mainnet will be a sidechain of Ethereum. It is going to be a sidechain built exclusively for EXRN crosschain network. In case Ethereum network is congested or slow, transactors will be able to use EXRT mainnet. 50% of EXRT tokens were distributed to EXRN token holders over the course of two years (2018 – 2019). When EXRT mainnet launches, EXRT tokens will be swapped to mainnet native tokens.

Vision of EXRT token utility after mainnet launch:

1. Crosschain Fees & Fuel : Any crosschain transaction on EXRNchain crosschain network will be making a purchase of a small EXRT amount as a fee. EXRT is a digital fuel to interchain transfers and ecosystem of applications.
2. Governance: EXRT will be a governance token that will allow holders to vote on changes that happens on the network (forks, protocol upgrades, integrations, difficulty, staking).
3. Staking : EXRT Network is proposed to have staking in a form of a) rewarding nodes for securing the network; b) crosschain fees distributed to holders. Staking mechanics are not final and may be subjected to changes prior to launch

Token Distribution

50% Fair Distribution To EXRN Holders
20% Team
20% Investors & Partners
10% Ecosystem Development

EXRT Network Roadmap

EXRT Network roadmap shows current achievements and sets project’s objectives for the next years.

Faq Of EXRT Network