Elixxir BetaNet Soars, Receives 350% More Applications Than Anticipated

By The Elixxir Team, April 24, 2019.

David Chaum's groundbreaking full-stack blockchain platform, Elixxir, closed node applications Friday after receiving 870 submissions for its BetaNet from operators across more than 80 countries.

Node Worldwide Distribution

Modeled after the Internet Engineering Task Force (IETF) protocol used to standardize the early internet, Elixxir's BetaNet selection process follows six steps. The process was designed to remove the core team's influence over selection by opening applications to community feedback and review. Step 2, the application phase, was open from February 18th to April 19th in order to receive enough quality applicants for the ultimate selection of 100 BetaNet nodes.

Truly a testnet, Elixxir's BetaNet does not feature a block reward, and participation in the BetaNet does not guarantee participation as a node in the MainNet. Given this volunteer-based approach to the BetaNet, 200-300 BetaNet applications were expected to make up Elixxir's selection pool.

Support for the platform's goals and demand to operate a BetaNet node far exceeded these expectations. Peter Somerville, Director of Developer Relations, said that "Node applicants represent a broad diversity of languages, experience levels, and location. We received 870 applications and over 640 were from outside the United States, with the United States, Russia, the U.K., Canada, Germany, Australia, Turkey, China, the Netherlands, and Brazil being the top 10 markets."

The widespread interest in Elixxir's metadata-resistant, privacy-first approach to transaction processing is indicative of a global shift in consumer preference toward privacy-preserving technologies. Elixxir nodes protect privacy by combining end-to-end encryption with a mixed network that completely obscures user metadata. The platform's breakthrough consensus mechanism enables quantum-resistant security capable of supporting a range of transactions including decentralized application (dApp) data transfer.

Step 3 of Elixxir's BetaNet rollout begins today with the anonymizing of applications in preparation for publication and community review, step 4 of the 6-step process.

About Elixxir

Elixxir was founded in 2018 by David Chaum, with the goal of launching a scalable, high-performing solution capable of providing the benefits of blockchain technology to an unlimited number of mainstream consumers.

About David Chaum

David Chaum is a serial entrepreneur who first created blockchain technology in 1982 while a graduate student at the University of California Berkeley. David is widely recognized as the inventor of digital cash, is a renowned expert in cryptography and secure election systems, and today is a leading proponent of blockchain technology. David also founded the International Association for Cryptologic Research, the cryptography group at the Center for Mathematics and Computer Science in Amsterdam, DigiCash (issuer of eCash cyberbucks and fiat-backed digital currencies in the 90's), and the Voting Systems Institute. To learn more about David, please visit www.chaum.com