APIX Litepaper
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APIX.CASH Project

Litepaper
About APIXCASH: APIX CASH (APX) project launched on 22th, Sept 2022, when the genesis block got mined, We are an open-source project designed to enable instant payments to ayone around the world.
Introduction
APIXCASH (APX) is a blockchain and platform optimized for transferring assets, such as tokens, from one holder to another.
Based on the extensive development and testing of the UTXO model of the Bitcoin protocol
APIXCASH is built on a fork of the Bitcoin code, FOXD code, RVN X16Rv2 Code.
Key changes include a block reward time of one minute, a change in the number of coins issued, but not the weighted distribution schedule and the addition of asset creation and messaging capabilities.
APIXCASH is designed to efficiently handle one specific function well: the transfer of assets from one party to another.
One goal of the APIXCASH protocol is to create a use case focused blockchain and development effort which can create code, providing advantages for specific use cases, while contributing to open source code which could be used by Bitcoin or other projects.
If the global economy is influenced by actors using various blockchains, then the way capital markets work today could also change. Borders and jurisdictions may become less relevant as more assets become tradable and trading across borders grows increasingly frictionless. Global consumers will likely demand the same efficiency for their securities and similar asset holdings
Contributing
If you want to contribute to APIXCASH, start a new change request and submit it for review. Its free, Its Source, very transparent, and nothing is covered up
APIXCASH is a POW (Proof of Work) coin that can be mined with GPU using the x16rV2 algorithm.
APX is ASICs resistant which are known to consume a lot of energy.
Every one minutes a new block is minted.
Each block has a reward of 5 APX coins that is distributed

Wallet

The APIXCASH desktop wallet is available for all major operating systems including Windows, Linux, Raspberry Pi OS and Ampere.
Once downloaded the wallet can be encrypted and a password will be required to decrypt it.
It is highly recommended to backup immediately the password and “wallet.dat” file onto two separate flash drives.

Uses for assets

Uses for Assets: Assets or tokens can be used for anything the creator’s imagination can conjure.
The ideas presented here are a sampling.
Representing real world custodied physical or digital assets to tokens such as:
Representing a share of a project:
● Securities tokens: stock or shares of a company where the shares are represented by a token rather than a physical stock certificate
● Securities or partnership interests with the built-in ability to pay rewards in APX
● Tokens which represent a coop, limited partnership, royalty sharing or profit sharing platform
● A token which represents a crowd-funded item with the ability to transfer or resell the item
● Representing virtual goods and credits:
● Tickets to an event such as a Cleveland Browns game ticket with the ability to resell
● A license to allow an activity
● An access token to use a service
● In-game currency and items, transferable outside of the game platform
● Representing a credit or rewar

Burned System

The APIXCASH Assets feature gives anyone with at least 250 APX the ability to issue a unique token to the APIXCASH Blockchain.
Send 250 APX to your address and when the transaction is fully confirmed you will be able to create an asset.
Those APX are burned and not recycled.
Issue unique assets token need 250 APX
Reissue assets token need 100 APX
// burn address
strIssueAssetBurnAddress = "ABissueAssetXXXXXXXXXXXXXXXXarpEmt";
strReissueAssetBurnAddress = "ABReissueAssetXXXXXXXXXXXXXXZAKPbJ";
strIssueSubAssetBurnAddress = "ABissueSubAssetXXXXXXXXXXXXXW6D3dn";
strIssueUniqueAssetBurnAddress = "ABissueUniqueAssetXXXXXXXXXXSkWCDd";
strIssueMsgChannelAssetBurnAddress = "ABissueMsgChanneLAssetXXXXXXSkQjob";
strIssueQualifierAssetBurnAddress = "ABissueQuaLifierXXXXXXXXXXXXZVc7zN";
strIssueSubQualifierAssetBurnAddress = "ABissueSubQuaLifierXXXXXXXXXUhKn5T";
strIssueRestrictedAssetBurnAddress = "ABissueRestrictedXXXXXXXXXXXXveZHA";
strAddNullQualifierTagBurnAddress = "ABaddTagBurnXXXXXXXXXXXXXXXXaqLzue";
// global burn address
strGlobalBurnAddress = "ABBurnXXXXXXXXXXXXXXXXXXXXXXWdW4er";

System Use APX on Market Exchange

Market Exchange has been release, APIXCASH Coin can use to for listing any coins on market using fee $APX
with that, we were able to maintain the existing $APX price.
Last modified 1yr ago