XYO Network Blockchain Just Entered the Real World

About XYO Network
CRYPTOECONOMIC INCENTIVES FOR LONG-TERM VALUE 
Built into the XYO Network’s cryptoeconomicssits ground-breaking tools for incentivizing both XYO Miners (crypto-location miners) and Token Holders (with Token Rebates), which encourage healthy liquidity, low transaction fees and long-term value.
ALL UNSOLD TOKENS BURNED AFTER SALE CONCLUDES
In order to award those who purchase XYO Tokens during our current Token Sale period, all tokens that are not sold after the Token Generation Event concludes will be burned; thus the tokens one purchases during the sale becomes a finite, scarce resource, which benefits those who purchase tokens during the sale.
TRANSPARENT & AUDITED ETHEREUM SMART CONTRACT
During the Token Generation Event, the XYO Token uses the Ethereum platform’s ERC20 token standard. To ensure a secure purchase of the XYO Tokens, we have retained a third-party firm to test audit our smart contract to comply with best practices.
SMART CONTRACTS CAN NOW INTERACT WITH THE REAL WORLD AS IF IT WERE AN API
Location data is used every day across the world. Societies and economies are becoming increasingly reliant on the certainty and security of location heuristics. Self-driving vehicles, package-delivering drones and smart cities will likely call for an increased reliance upon trustless location data. The adoption of the technologies of tomorrow centers on their ability to trust location heuristics they receive from an off-chain resource.
XYO NETWORK COMPONENTS
The XYO Network has four primary components, Sentinels, Bridges, Archivists, and Diviners. These four components enable geo-focused, consensus-building and trustless verification of location data. This means that when you write a smart contract that specifies for an object to appear at a specific XY-coordinate, if it appears there, you will know that it was at that location with absolute certainty. This is all done without risk of spoofing the location signaling device(s) verified by thousands of Sentinels in the XY Oracle Network with the longest Proof of Origin chain (thus yielding greater confidence in the heuristics).
1. SENTINELS

Sentinel components are heuristic witnesses. They observe heuristics and vouch for the certainty and accuracy of the heuristic by producing temporal ledgers. The most important aspect of a Sentinel is that it produces ledgers that Diviners can be certain came from the same source by adding Proof of Origin to them
2. BRIDGES

Bridges are heuristic transcribers. They securely relay heuristic ledgers from Sentinels to Diviners. The most important aspect of a Bridge is that a Diviner can be sure that the heuristic ledgers that are received from a Bridge has not been altered in any way. The second most important aspect of a Bridge is that they add an additional Proof of Origin.
3. ARCHIVISTS

Archivist components store heuristics in a decentralized form with the goal of having all historical ledgers stored, but without that requirement. Even if some data is lost or becomes temporarily unavailable, the system continues to function, but just with reduced accuracy. Archivists also index ledgers so that they can return a string of ledger data if needed. Archivists store raw data only and get paid only for retrieval of the data. Storage is always free.

4. DIVINERS

A Diviner answers a given question by analyzing historical data that has been stored by the XYO Network. To accomplish this, heuristics stored in the XYO Network must have a high level of Proof of Origin to measure the validity and accuracy of the heuristic by judging the witness based on its Proof of Origin. Given that the XYO Network is a trustless system, Diviners must be incentivized to provide honest analysis of heuristics. Unlike Sentinels and Bridges, Diviners use Proof of Work to add answers to the blockchain.
COMBINED, THE COMPONENTS OF THE XYO NETWORK CREATE BLOCKCHAIN’S FIRST EVER IDENTITYLESS, TRUSTLESS LOCATION PROTOCOL
Bound Witness
In a trustless system, a witness node can either (through defect or corruption) produce false data. Invalid data can be detected and removed simply if it falls outside the allowed range for that heuristic. Valid but incorrect data (i.e. false data) is much more difficult to detect.
Given that an untrusted source of data used to resolve a digital contract (an oracle) is not useful, we can substantially increase the certainty of the data provided by first establishing the existence of a bidirectional proof of location. The primary bidirectional location heuristic is proximity, since both parties can validate the occurrence and range of an interaction by cosigning the interaction. This allows for a zero-knowledge proof that the two nodes were in proximity of each other.
This novel concept is called “Bound Witness,” and the XYO Network introduces this possibility, for the first time ever, to the world. The implications of this will change a multitude of industries and the way we trade in the world
THE MOST AMBITIOUS BLOCKCHAIN 
PLATFORM IN RECENT HISTORY
The XYO Network natively integrates with the leading blockchain platforms of today, and its agnostic protocol enables integration with the blockchain technologies of tomorrow.
BUILT TO SUPPORT THE BLOCKCHAIN PLATFORMS OF TOMORROW
The XYO Network works natively with the following smart contract platforms as well as other blockchain platforms with Turing-complete functionality.

INTERACT WITH THE XY ORACLE NETWORK VIA WEB CLIENT, SOFTWARE LIBRARIES, API AND JAVASCRIPT CLIENT.
All transactions running on the XYO Network require XY’s Utility Token: XYO

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For more information:
Website: https://xyo.network/index.html
Whitepaper: https://docs.xyo.network/XYO-White-Paper.pdf
Facebook: https://www.facebook.com/xyonetwork
Twitter: https://twitter.com/XYOracleNetwork
Telegram: https://t.me/joinchat/GVfdkUtqtEQ5CC2xXYMqlQ
ANN: https://bitcointalk.org/index.php?topic=3020460.msg31070532#msg31070532
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