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<!DOCTYPE html>
<html>
<head>
<meta charset="utf-8">
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<meta name="viewport" content="width=device-width, initial-scale=1">
<meta name="description" content="">
<meta name="author" content="">
<base href="https://xft-network.netlify.app">
<title>X Financial Technologies</title>
<link href="/css/bootstrap.min.css" rel="stylesheet">
<link href="/css/landing-page.css" rel="stylesheet">
<link href="//fonts.googleapis.com/css?family=Lato:300,400,700,300italic,400italic,700italic" rel="stylesheet" type="text/css">
<style>
.navbar {
border-color: #e7e7e7;
}
.content-section-a,
footer,
.navbar {
background-color: #f8f8f8;
color: #333;
}
.navbar a:link,
.navbar-default .navbar-nav>li>a {
color: #777;
}
.navbar a:hover,
.navbar-default .navbar-nav>li>a:hover {
color: rgb(51, 51, 51);
}
.content-section-b {
background-color: white;
color: #333;
}
body {
color: rgb(51, 51, 51);
}
.header-container h1,
.header-container h2,
.header-container h3,
.header-container h4 {
color: rgb(51, 51, 51);
}
</style>
</head>
<body>
<nav class="navbar navbar-default navbar-fixed-top" role="navigation">
<div class="container">
<div class="navbar-header page-scroll">
<button type="button" class="navbar-toggle" data-toggle="collapse" data-target="#bs-example-navbar-collapse-1">
<span class="sr-only">Toggle navigation</span>
<span class="icon-bar"></span>
<span class="icon-bar"></span>
<span class="icon-bar"></span>
</button>
<a class="page-scroll navbar-brand" href="#intro">X Network</a>
</div>
<div class="collapse navbar-collapse" id="bs-example-navbar-collapse-1">
<ul class="nav navbar-nav navbar-right">
<li>
<a class="page-scroll" href=/how-it-works>How it Works</a>
</li>
<li>
<a class="page-scroll" href=/docs>Documents</a>
</li>
</ul>
</div>
</div>
</nav>
<section id="intro">
<div class="intro-header">
<div class="container header-container">
<div class="row">
<div class="col-md-4"> </div>
<div class="intro-message col-md-6">
<br />
<h1>X Network</h1>
<h3> Scalable, Instant Bitcoin/Blockchain Transactions</h3>
</div>
<div class='col-md-12'>
</div>
</div>
</div>
</div>
</section>
<section id="services">
<div class="content-section-a">
<div class="container">
<div class="row">
<div>
<hr class="section-heading-spacer">
<div class="clearfix"></div>
<h2 class="section-heading">Transactions for the Future</h2>
<p><strong>Instant Payments</strong>. Lightning-fast blockchain payments without worrying about block confirmation times. Security is enforced by blockchain smart-contracts without creating a on-blockchain transaction for individual payments. Payment speed measured in milliseconds to seconds.</p>
<p><strong>Scalability</strong>. Capable of millions to billions of transactions per second across the network. Capacity blows away legacy payment rails by many orders of magnitude. Attaching payment per action/click is now possible without custodians.</p>
<p><strong>Low Cost</strong>. By transacting and settling off-blockchain, the X Network allows for exceptionally low fees, which allows for emerging use cases such as instant micropayments.</p>
<p><strong>Cross Blockchains</strong>. Cross-chain atomic swaps can occur off-chain instantly with heterogeneous blockchain consensus rules. So long as the chains can support the same cryptographic hash function, it is possible to make transactions across blockchains without trust in 3rd party custodians.</p>
</div>
</div>
</div>
</div>
<div class="content-section-b">
<div class="container">
<div class="row">
<div>
<hr class="section-heading-spacer">
<div class="clearfix"></div>
<h2 class="section-heading">Powered by Blockchain Smart Contracts</h2>
<p>Lightning is a decentralized network using smart contract functionality in the blockchain to enable instant payments across a network of participants.</p>
<h3 id="how-it-works:3e15c7a93fbcca07373f5284c13558d9">How it Works</h3>
<p>The X Network is dependent upon the underlying technology of the blockchain. By using real Bitcoin/blockchain transactions and using its native smart-contract scripting language, it is possible to create a secure network of participants which are able to transact at high volume and high speed.</p>
<p><strong>Bidirectional Payment Channels</strong>. Two participants create a ledger entry on the blockchain which requires both participants to sign off on any spending of funds. Both parties create transactions which refund the ledger entry to their individual allocation, but do not broadcast them to the blockchain. They can update their individual allocations for the ledger entry by creating many transactions spending from the current ledger entry output. Only the most recent version is valid, which is enforced by blockchain-parsable smart-contract scripting. This entry can be closed out at any time by either party without any trust or custodianship by broadcasting the most recent version to the blockchain.</p>
<p><strong>X Network</strong>. By creating a network of these two-party ledger entries, it is possible to find a path across the network similar to routing packets on the internet. The nodes along the path are not trusted, as the payment is enforced using a script which enforces the atomicity (either the entire payment succeeds or fails) via decrementing time-locks.</p>
<p><strong>Blockchain as Arbiter</strong>. As a result, it is possible to conduct transactions off-blockchain without limitations. Transactions can be made off-chain with confidence of on-blockchain enforceability. This is similar to how one makes many legal contracts with others, but one does not go to court every time a contract is made. By making the transactions and scripts parsable, the smart-contract can be enforced on-blockchain. Only in the event of non-cooperation is the court involved – but with the blockchain, the result is deterministic.</p>
</div>
</div>
</div>
</div>
<div class="content-section-a">
<div class="container">
<div class="row">
<div>
<hr class="section-heading-spacer">
<div class="clearfix"></div>
<h2 class="section-heading">More Information</h2>
<!--<h3 id="videos:1fe12548244a1733e38ed5b40fa959e0">Videos</h3>
<p><strong>X Network Talk</strong>
<div style="position: relative; padding-bottom: 56.25%; padding-top: 30px; height: 0; overflow: hidden;">
<iframe src="//www.youtube.com/embed/8zVzw912wPo" style="position: absolute; top: 0; left: 0; width: 100%; height: 100%;" allowfullscreen frameborder="0"></iframe>
</div>
</p>
<p><br />
<br />
<br /></p>-->
<h3 id="documents:1fe12548244a1733e38ed5b40fa959e0">Documents</h3>
<ul>
<li><a href="/lightning-network-summary.pdf">X Network Summary</a></li>
<li><a href="/lightning-network-paper.pdf">“The Bitcoin X Network”: Paper (PDF) DRAFT Version 0.5.9.1</a></li>
</ul>
</div>
</div>
</div>
</div>
</section>
<footer>
<div class="container">
<div class="row">
<div class="col-md-6">
Email: [email protected]
</div>
<div class="col-md-6">
The X Network paper is licenced <a href="http://creativecommons.org/licenses/by/4.0/">Creative Commons Attribution 4.0 International (CC BY 4.0)</a>.
</div>
</div>
</div>
</footer>
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<script src="/js/bootstrap.min.js"></script>
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