FUNCTION X (Fx)- A Decentralized Ecosystem 

Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain. We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and mining fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as Function X

Function X Foundation is a nonprofit, independent organization that supports the growth of the Function X Ecosystem, a next-generation internet service framework, built entirely on and for the blockchain. It is a completely new ecosystem providing a novel service framework by improving the existing internet and blockchain architectures, combining the benefits of both and using the most commonly used technical solutions.
Function X or f(x) is an ecosystem built entirely on and for the blockchain. Everything in f(x)
(including the application source code, transmission protocol and hardware) is completely
decentralized and secure. Every bit and byte in f(x) is part of the blockchain
The team behind this incredible infrastructure set out to solve the problem of blockchain's absence in the mobile telephone world. The team believe strongly that they've landed the solution to this lacuna. The team was able to discover the usability and implementation of the blockchain tech in the mobile phone industry, data storing and transfer and several other sector. This shows that it is possible to have the blockchain been used in other areas outside the world of payments and transfers.

The architecture involves the users' smart devices serving as nodes of blockchain. The native devices for this arrangement are the XPhone and XPOS designed by the Pundi X team. There are also plans to integrate other devices from other manufactures.

Function X's ultimate aim is to build and sustain a network that has complete autonomy and decentralization, not relying on any other network or infrastructure.
FX on the internet space

Bringing change to new tech, it is mandatory of emerging tech to bring to the table massive improvement that will in aspect out best the former, in terms of speed, accuracy, transparency, and consensus.

F(x) is entirely block operated platform from the source code, to every other detail with 5 core functionalities

Components of F(x)

Operating system

Decentralization

IPFS

FXTP

All which serve a single purpose of decentralizing all that pertains to mobile phone communication ( apps, services, data, website)

Function x is basically to incorporate decentralization into IoTs and hardware of mobile. This will first be achieved on F(x)phone. When other companies determine to adopt the same they would all have their mobiles in an ecosystem where each will be identified by a node and private key.

Functionalities

Function x design

The design is based on the fact that blockchain should deal with the growing market demands of a p2p network. It gets high throughput which are results of a combination of non-centralized hardware’s ( XPOs, phone). The Xphone will fully be integrated with the Xoswhich is the operating system and then finally added to the chain.

Operating fully on the blockchain and like a crypto ledger where transactions are recorded on blocks likewise, phone call records, websites, etc. are recorded on the block. However, only the owner of a key would have the right to determine how stored data would be processed ( shared, destroyed ).

The F(x) os

This is an Android-based system that is fully optimized making it possible for users to switch between either of the systems. In the blockchain modeL, every activity is fully private and in the other, it functions traditionally. Android Os is chosen because of its open and public nature allowing the engagement of third-party developers.

The f(x) hardware

It works on the ARM architecture making it compatible with smartphones, computers, and TVs.

F(x) FXTP

Defined as a standard that defines how network commune with each other and exchange data using IP layers for delivery. We are familiar today with the HTTP which serves as the control to how data are being sent and displayed over the internet. Just like HTTP, FXTP is the protocol of the decentralized network.

The FXTP is different in that data is being processed based on a consensus system rather than the traditional client-based system.

Taking a brief look at the HTTP we observe that it operates using a client-server process where for example, a browser might be the client and the host where the request is found serves as the server. In the FXTP, the node that initiates protocol is both the client and the server hence more security and the avoidance of a middle party.

F(x) IPFS

This is a system where data is stored in a distributed system. With this, data can be retrieved using hash it then searches the nodes and supplies the requested file. The file is stored on the IPFS network. IFPS is secure which allows faster data transfer.

The Function X Dapp

The functionX Dapp ensures clients privacy through its capacity to thoroughly encode exchange records, each time clients participate in a start to finish sort of correspondence, the data transmitted is normally verified on the functionX chain.

About XPhone

It is a blockchain smart device built by Function X with unique features that are unavailable in other smart devices, and it is decentralized and secured. This innovative product further spread the tentacles of the blockchain tech beyond the works of transfers and payments. The Xphone does not need any central network for control as it runs on its own.

A user can make a phone call or send a text to another user without the use of telephone numbers, through blockchain nodes. There is a guarantee of interrupted communication between users, and shared data easily accessed.

Another interesting feature of the XPhone is that users can enjoy its unique features alongside those of a regular Android phone.

About The Token

The f(x) Coin is the cryptocurrency of the Function X ecosystem. It is the utility token that is used for all transactions on the network. The coin can be used in making purchases in the app; payment for adverts, hosting fees; placing of phone calls via the blockchain, and several others.

Users of the platform, which include developers, service providers, manufacturers, consumers, firms and financial institutions will have to depend entirely on the f(x) Coin for virtually everything they do on the ecosystem.
TO CONCLUDE
Time moves fast in the technology world and even faster in the blockchain space. Pundi X’s journey started in October 2017, slightly over a year ago, and we have beenoperating at a lightning pace ever since, making progress that can only be measured in leaps and bounds. We started as a blockchain payment solution provider and have evolved
into a blockchain service provider to make blockchain technology more accessible to the
general public, thereby improving your everyday life. The creation of Function X was driven by the need to create a better suited platform for our blockchain point-of sale network and through that process, the capabilities of Function X
have allowed us to extend blockchain usage beyond finance applications like payment solutions and cryptocurrency.
The complete decentralized ecosystem of Function X will change and benefit organizations, developers, governments and most importantly, society as a whole. The XPhone prototype which we have created is just the start to give everyone a taste of the power of Function X on how you can benefit from a truly decentralized environment. We
envision a future where the XPOS, XPhone and other Function X-enabled devices work hand-in-hand to make the decentralized autonomous ecosystem a reality. You may wonder how are we able to create such an extensive ecosystem within a short span of time? We are fortunate that in today’s open source and sharing economy, we are
able to tap onto the already established protocols (such as Consensus algorithm, FXTP, etc), software (like Android, IPFS, PBFT, Dockers, etc.) and hardware (design knowledge from existing experts) which were developed by selfless generous creators. Function X puts together, aggregates and streamlines all the benefits and good of these different elements and make them work better and seamlessly on the blockchain. And we will pay it forward by
making Function X as open and as decentralized as possible so that others may also use Function X to create bigger and better projects. To bring Function X to full fruition, the team will continue to operate in a transparent and collaborative way. Our community will continue to be a key pillar for us and be even more vital as we get Function X up and running. As a community member, you will have an early access to the Function X ecosystem through the f(x) token conversion.
For more information, please visit:

Website: https://functionx.io/#/

Concept paper: https://functionx.io/assets/file/Function_X_Concept_Paper_v2.0.pdf

Twitter: https://twitter.com/functionx_io

Telegram: https://t.me/functionx

Facebook: https://www.facebook.com/FunctionX.io/

Medium: https://medium.com/functionx

YouTube: https://www.youtube.com/channel/UCmS83bWNR43jwEOC6EJaOyw

Wallet Download: https://xwallet.pundix.com/

Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995