Cryptocurrency attributes
Other attributes
MarX ServiceProtocol
The MarX DeFi-NFT Platform will leverage BSN infrastructure to ensure the robust
reliability of Layer1, and aims to improve 'functional escape speed'4 by achieving Simple Programming Language, Rich Statefulness, and Data availability through infrastructure
utilization.
MarX ServiceProtocol is a blockchain layer that combines unique items (art, game items,
and collectibles) into the NFT through NFT issuance and exchange. It provides a way to track and secure token balances, easily transfer tokens to other Tokens, and enable token transaction execution and payment.
ServiceProtocol has several key modules that are the basis.
Consensus Algorithm (BFT-DPoS)
MarX adopts the delegated EOS consensus model of the Proof of Stake (DPoS) model. The main difference between EOS
native consensus and MarX consensus is the initial payment model. Because MarX starts with a fixed supply token, block rewards have a Logarithmic-based return schedule (similar to bitcoin's distribution schedule).
MarX Data Economy’s Privacy for DeFi-NFT
ServiceProtocol will support the data tokenization and privacy features of oasis networks for private DeFi-NFT issuance,
allowing users to control the data generated and only include a new type of DeFi-NFT that rewards them for storing data with DApps. By providing confidential Paratimes that use a data-private security enclosure, anyone will support the deployment of DeFi-NFT issuance DApp development that meets their specific needs.

