One of the things I love most about running your own cryptocurrency website is the ability to post breaking news in regards to altcoins. While altcoins do have a tarnished reputation among the Bitcoin enthusiasts, there are still interesting things going on. For example, the alpha release of the XBridge P2P Code by Dan Metcalf.
What is XBridge?
For those of you who missed the XBridge announcement, allow me to briefly explain why this feature is so important. XBridge is a true peer-to-peer protocol extension built on top of the XNode protocol, which can be found in the XCurrency digital currency.
In turn, XNode is a decentralized peer-to-peer protocol allowing users to create their very own Xnodes, which can then be used to serve content. As a result, anyone running an XNode will be compensated for their time and efforts in regards to serving content.
XBridge truly stands out for one major reason : it enables different blockchains from different digital currencies to connect to one another, creating an “internet of blockchains”. Furthermore, XBridge allows for future services such as cold storage, instant transactions, (encrypted) chatting, decentralized exchanges and a whole slew of other things.
Some of our readers will be wondering how these blockchains are able to communicate with one another. An API has been developed enabling nodes to provide services and be a part of the application platform. Seeing how XBridge is end-to-end encrypted, trustless, and more importantly, open source, this is a major step forward for not just XCurrency, but the entire BlockNet project as well.
XBridge Alpha Code Released
Earlier today, Dan Metcalf released a very early alpha sneak peek of the XBridge code. Do keep in mind this code is still a prototype and will most likely undergo a lot of changes before its final release, of which we have not received an official ETA just yet.
It is also important to note that, even though this code links XC and BLOCK together, it does NOT make BLOCK a coin. BLOCK is just a temporary wallet after all. The fact that both of these blockchains can communicate with one another is what truly matters here.
If you are interested in taking a look at the XBridge Alpha Code, you can find it here :
Source : XCurrency Slack