Unique to the Crypto WOrld: NATIVE Bitcoin Bridged to Ethereum
1) SecureX Vault, a world-class, biometric-secured cryptocurrency wallet that can hold your Bitcoin: your keys, your coins (client side ownership), with no middle man ownership and control, as is otherwise the usual case with most exchanges and wallets. Self-configure the SecureBarometer feature within the SecureX Vault to set an automatic stop-loss for your Bitcoin. It drops to $X value (you maintain), and your Bitcoin is automatically transferred to a Stable coin, therein preserving it at the highest possible, then-current Bitcoin value. Self-configure the SecureCovenant feature within the SecureX Vault to establish the details about to whom/when/where your crypto is distributed in the event of your demise: your Last Will & Testament, assigning a beneficiary (deeding) of the wealth (Bitcoin and all of your Crypto within the wallet), bypassing Probate, recorded and tokenized on the blockchain; and
2) The SecureX (SECX) Token, a token on the Ethereum blockchain that has dual purposes: hold or trade as a token, whereas the longevity of the token is assured by being the exclusive Utility Token for the SecureX Domain Trusts (see #3 below). The SecureX Token links to the SecureX Vault via, and therein lives upon, the SecureX Bridge, coupling the Bitcoin world with the Ethereum world, wherein the DoubleEdge Aggregator, multiple crypto currencies, bank cash and credit card integration can also be found; and
3) The SecureX Domains are new, blockchain-based relationship tools, formerly called Business Models. There are several and they provide a platform upon which the formerly corrupt or broken Institutions of the world can be rebuilt benevolently. They are designed to return Sovereign Power and Financial Wellbeing to the World’s inhabitants: to bank the unbanked and formerly unbankable; to thwart malevolent impositions upon our personal freedoms and any associated invasive surveillance thereof; to facilitate fair and accurate reporting and transparent, auditable, corruption-free elections; to optimize precision health care through exacting scenario and symptom correlation of core cures (fixing the cause), within western and alternative medicines alike; in short – to level the playing field for all to participate, via the ubiquitous truth serum that is the blockchain.
SecureX is ultimately about being “for the People.” We have been intentionally grass-roots raising Friends & Family contributions to get started, and will soon begin a Crowd Source funding project to continue raising important funds for our tech-stack build.
Our SecureSovereign platform will be the target of the Crowd Source project. It is of a sovereign, non-cancel culture and invisibility foundation, which will facilitate the trilogy of moving parts that, when combined, make up the SecureX vision.
For the first 12 months of our existence we chased launching the SECX token (1st part of the trilogy) via an IEO, then an IDO, then an ICO, all of which we pulled back just in time. We cannot bring our token public until the SEC gives us an appropriate landing pad. Meanwhile, the SecureX Wallet, the 2nd part of the trilogy from which one controls one’s participation in all of the SecureX Domain Trusts – the 3rd part of the trilogy, is at this writing about 50% complete. So we can use our SECX token to privately fuel the 2nd and 3rd trilogy legs and are forging ahead to do just that.
A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a hash pointer as a link to a previous block, a timestamp and transaction data. By design, blockchains are inherently resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority.
Blocks hold batches of valid transactions that are hashed and encoded into a Merkle tree. Each block includes the hash of the prior block in the blockchain, linking the two. The linked blocks form a chain. This iterative process confirms the integrity of the previous block, all the way back to the original genesis block.
A hard fork term refers to a situation when a blockchain splits into two separate chains in consequence of the use of two distinct sets of rules trying to govern the system. For example, Ethereum has hard-forked to “make whole” the investors in The DAO, which had been hacked by exploiting a vulnerability in its code. In 2014 the Nxt community was asked to consider a hard fork that would have led to a rollback of the blockchain records to mitigate the effects of a theft of 50 million NXT from a major cryptocurrency exchange. The hard fork proposal was rejected, and some of the funds were recovered after negotiations and ransom payment.