Proof of Identified Roots (PoIR) - a blockchain protocol for creating State blockchains!
The founder of X Networks, Maxim Novichkov, designed and registered a new blockchain consensus protocol - PoIR (Proof of Identified Roots).
The proof of Identified roots consensus mechanism involves the complete deanonymization of cryptocurrency transactions. Our protocol implies the creation of stable coins, which will be completely transparent, while maintaining the full security of the permissioned blockchain. The implementation of this protocol will provide complete equilibrium (consensus) due to identification in the Identified roots system. The mechanism provides reliability, security and acceptance from government and financial structures, due to which cryptocurrencies created on the basis of the proof of Identified roots protocol can be accepted by the world as an alternative way of monetary value everywhere. That is, the mechanism offers a solution to the problem of merging financial structures of countries around the world and cryptocurrencies, while not violating the concept of an extra 3rd person: the amount of the transaction is not limited, the commission for transactions is not charged, the transaction is recorded in the block blockchain is considered completed. At the same time, state financial structures ensure the security and control of the financial system as a whole.
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