Short description
Our primary goal is to increase security through the integration of a Two Factor Authentication (2FA) system to reduce hacking and scamming across the blockchain industry. Secondarily we're working to improve the Zerocoin protocol to increase anonymity and privacy across the GenesisX blockchain. GenesisX is a completely transparent blockchain. To that end, we produce budget documents on a regular basis which contains financial information about the pre-mine as well as information on funds raised in the pre-sale (BTC funds), and show how funds are being spent to steadily improve the project.
Abstract
GenesisX is running on the improved Zerocoin protocol, and Xevan Algorithm, while utilizing the masternodes’ network. It is a decentralized platform, which uses transparency in governance, privacy, and transactions. GenesisX is built to integrate security, privacy, transparency, and decentralization in governance while integrating swift transactions, and such governance that ensures all the networks’ users benefit. GenesisX, as a decentralized cryptocurrency, is interested in churning out a very secure and private payment solution. We are based on an improved version of the Zero coin protocol, a cryptographic technology that promotes absolute privacy and anonymity when needed. We use the primitives cryptographic signature schemes that are immune to classical and quantum computers attacks while using the two-factor authentication system to protect the security of users’ accounts.