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What are xCores and xServers software wallets?

Gabriel Guarienti Machado edited this page Jun 20, 2020 · 1 revision

What are the xServer software wallets?

It is a piece of software designed to host decentralized applications and get secondary or even tertiary streams of income due to dapp hosting. This special wallet allows for the gatekeeper to choose the desired application, and Tier. Additionally, a xServer owner has the freedom to unhost a project they no longer desire to support.

xServer - The x42 blockchain allows for the support of several types of server. The xServer is a special type of software wallet that runs on dedicated hardware to allow for the decentralization of applications (DApps), processing, data storage and validation. xServers run not only those types of processes, it will also support the network by signing transactions, propagating network information and allowing for the server owner to both get paid and pay for hosting applications of the most diverse types.

xCore - An xCore node is any device that is running the software installed, has the entire blockchain saved and is connected to the x42 main blockchain. The xCore node will seed the main chain to all users (allowing client nodes to run), and it also has all the functionalities of a client node. The xCore can stake coins on the main blockchain, delegate cold staking balances to register xServer nodes and it can also run applications hosted on xServers all across the network after having it installed on the local machine.

Hot Wallet - The x42 hot wallet will be the only online wallet a xServer owner will keep connected to the internet. This wallet will never hold funds, as the staking rewards will be rewarded to the cold wallet, as well as the fees generated by applications, prioritized transactions and private transactions.

Cold Storage Wallet - The x42 cold storage wallet will be responsible for holding the collateral for the server, this wallet will be kept offline in a secure manner, and all of the servers staking rewards will be paid out to this wallet. This wallet will be used for signing and verifying important changes to the xServer and applications.

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