EXTR Network (EXTR)

Built to empower hyper-responsive & secure decentralized cross-chain applications

Fast

Finality

Sub-second block times ensure high throughput (1,000 TPS - 100,000 TPS) needed for EXRNchain crosschain ecosystem and massive scalability for smart contracts and DApps.

Decentralized Applications

EXRT VM is based on Ethereum Virtual Machine (EVM) codebase which allows for support of reliable decentralized applications and cross-blockchain DApps (running on EXRNchain).

Reliable

Consensus

EXRT Network is exploring different consensus algorithms (DPOS, Threshold Relay, Tendermint, PoH, DBFT, CPOS) and will be based on the most secure and reliable of them (after sufficient amount of testing).

Crosschain Interoperability

EXRT Network is the core securing the EXRNchain ecosystem that allows for crosschain transactions and has dozens of use cases. This allows EXRT network to be an interoperable blockchain.

LAYER 2 SCALING FOR BLOCKCHAINS

Instant Scalable Cheap Transactions

1. EXRT Network is focused on building scalable blockchains, be it EXRT chain itself or scaling for the whole ecosystem of blockchains, including Ethereum.

2. EXRT will implement Layer-2 scaling Rollups for EXRT Network mainchain and EXRN crosschain gateway, which allows for instant, secure, fee-efficient and unstoppable transactions & inter-blockchain apps.

3. EXRT team is exploring Optimistic rollups, zkSync and Fuel as a backbone for EXRT Network layer-2 scaling.

EXRT Token

Type :

ERC20

Platform:

Ethereum

Supply:

1,000,000,000 EXRT

Decimals:

8

Ticker:

EXRT

Contract: 0xb20043F149817bff5322F1b928e89aBFC65A9925

EXRT mainnet will be a sidechain of Ethereum. It is going to be a sidechain built exclusively for EXRN crosschain network. In case Ethereum network is congested or slow, transactors will be able to use EXRT mainnet. 50% of EXRT tokens were distributed to EXRN token holders over the course of two years (2018 - 2019). When EXRT mainnet launches, EXRT tokens will be swapped to mainnet native tokens.

Vision of EXRT token utility after mainnet launch:

1. Crosschain Fees & Fuel : Any crosschain transaction on EXRNchain crosschain network will be making a purchase of a small EXRT amount as a fee. EXRT is a digital fuel to interchain transfers and ecosystem of applications.

2. Governance: EXRT will be a governance token that will allow holders to vote on changes that happens on the network (forks, protocol upgrades, integrations, difficulty, staking).

3. Staking : EXRT Network is proposed to have staking in a form of a) rewarding nodes for securing the network; b) crosschain fees distributed to holders. Staking mechanics are not final and may be subjected to changes prior to launch.

Token Distribution

50% Fair Distribution To EXRN Holders

20% Team

20% Investors & Partners

10% Ecosystem Development

EXRT Network Roadmap

Our roadmap shows our current achievements and sets our project’s objectives for the next years.

January 2018

Pre-Development

Connection between 2 simple ledgers established without smart contract implementation.

May 2018

Establishing triple-chain connection

Connecting multiple 'simple ledgers' one-by-one to establish working data transfer.

October 2018

Double-sided crosschain transactions

Creating EXRNchain asks and bids system (later to be used in swaps and exchanges) to execute double-sided crosschain transactions.

Q1 2019

EXRT Network Testnet

Launched EXRT testnet with smart contracts\dApps, testing of backend crosschain implementations.

2019

EXRN & EXRT Development

Backend and TAI development. Bilateral crosschain improvements. Testnet adjustments. Brand new EXRT application. Introduction of EXRNchain Alias.

2020

EXRT Alphanet Development

Development of EXRNchain core crosschain functionality. Troubleshooting and finalization of alpha protocol vision.

2021 - 2022

EXRNchain & EXRT Network Alphanet

Private EXRT testnet that will have alpha protocol of EXRNchain (crosschain ability) connected to it. Main backbone for testing crosschain and audition of issues.

TBA

EXRNchain & EXRT Network Betanet

Beta version of EXRNchain is released on the public EXRT testnet, connecting with public testnets of other blockchains.

TBA

EXRNchain 1.0 Release & Launch of EXRT Mainnet

Launch of EXRNchain Crosschain Network 1.0. Launch of EXRT Mainnet & swap of ERC20 EXRT tokens to EXRT mainnet coins. EXRNchain protocol and documentation released. EXRN Community Governance Fund (ECGF) established.

TBA

EXRNex & EXRNswaps Beta

Beta of two exciting project based on EXRNchain: EXRNex - Decentralized Exchange / EXRNswaps - Atomic Swaps

EXRN DeFi Solution

EXRNchain crosschain protocol with EXRT Network backend will become scalable foundation for decentralized applications.

As visualized on the image, EXRN/EXRT crosschain 'oracle' can provide interconnected gateway to blockchains and platforms. Our example shows 2 situations:

a) User has DOT on the Polkadot blockchain and wants to supply it to Compound as a collateral. He will perform a crosschain swap of DOT to xDOT on the Ethereum blockhain via EXRN/EXRT oracle. If Compound was integrated with EXRNchain, user could technically perform the swap and supply in one transaction.

b) User has BTC on Bitcoin blockchain, and wants to supply liquidity to BTC/ETH pool on Uniswap. He can do a crosschain transaction to wrap his BTC into xBTC, sell half for ETH and supply his assets for Uniswap liquidity, all in one crosschain transaction.