what's Xenea?
Xenea is an EVM-compatible Layer 1 blockchain designed to unite scalable transaction processing with decentralized dynamic storage, enabling secure and efficient management of digital assets. It addresses key blockchain challenges such as high fees, energy inefficiency, and data permanence by integrating a main chain for fast executions with a sidechain-like structure for storage-intensive operations. Developers can build applications that seamlessly handle live data and long-term archiving without switching providers, fostering ecosystems in gaming, AI, and Web3 services. At its core, Xenea employs the Proof of Democracy (PoD) consensus mechanism, where randomly selected escrow nodes assign voting nodes to validate blocks transparently and fairly, promoting decentralization without the energy demands of Proof of Work. The Decentralized Archival Content Storage (DACS) system allows for permanent, on-chain storage of dynamic content like NFTs and user data, using node operators for redundancy and retrieval. The XENEA Wallet enhances accessibility by using patented secret sharing to eliminate private key management, supporting mining participation, EVM transactions, and social integrations for broader adoption.
Xenea and Nesa develop self-sovereign AI infrastructure combining private computation and decentralized storage.
Links
x.com/xenea_ioCollaborates with Nesa to develop a new standard for self-sovereign AI infrastructure combining private computation with decentralized storage, focusing on data sovereignty, private AI execution, and verifiable results without central control.
New integration with Storacha Network enables dynamic storage stack using IPFS and Filecoin, enhancing L1 infrastructure.