TOMORROW \[noun\] / to·mor·row – Future in a broad sense.

It feels odd talking about what tomorrow might bring when discussing this year's challenges and successes, but we believe that past events, in particular overcoming difficulties and gaining experience, can say a lot about a project.

The year 2022 was an enormous transition for us. We have a vision, a clear goal that we strive to achieve every day. Our goal is to make Exolix one of the most favorable and respected cryptocurrency platforms out there. We don't make bold claims, saying that we will oust Binance in the long run, but it's clear that there's a huge potential here. We can evolve, grow, and get better. Thanks to our new partners and beloved clients, the groundwork has already been set.

Our Goal for Tomorrow:

Do better, get better, and make our friends a little happier.

Now, before we get to discuss our future once again, let's catch up on what we've been up to this past year.

Results of the Year
-------------------

### Part 1: New Partners

Brokering a new partnership is not always easy since it can be tough to balance your expectations with the realities of cooperation. We have all been there.

Now, it's safe to say that EVERY new partner that we've gained has been nothing short of incredible. Here are the business allies that will help us in the coming years:

1.  Exodus. A Huge Crypto Wallet for Desktop & Mobile which is used worldwide by more than a million users.
    
2.  Edge Wallet. A great way to manage all your cryptocurrency assets and swap them too.
    
3.  Сonstellation Network. An ambitious network with no fees and a burning desire to shape the future of Web3.
    
4.  Bittab. A life-saving widget with real-time exchange rates.
    
5.  CoinVault Wallet. A cryptocurrency wallet that meets the highest security standards.
    
6.  Stargazer Wallet. An outstanding wallet with huge potential.
    
7.  GetBlock. Blockchain node provider with an eye on the future.
    
8.  Trocador. Anonymous, fast transactions – just like in the old days.
    
9.  Moneroj. Monero-centric resource with great data.
    
10.  Tezotopia. An NFT-powered RTS that everyone will be talking about.
    
11.  Dokwallet. A multi-currency wallet that allows you to convert, store, and earn.
    

  

Any other year, this would have been the crowning achievement, but 2022 really was a year of transition – transition to greater goals.

### Part 2: New Coins

Moving to popular and not-so-popular demands, we modestly updated our exchange and added almost 100 popular altcoins. Of course, we are not going to vouch for every project or coin as the future of crypto, but we've been able to expose many of our users to new, promising projects.

Becoming more involved with different projects, coins, and trading pairs is a great way to push yourself in a positive direction. Every crypto can be a great tool that helps you build an awesome portfolio and perhaps get richer.

### Part 3: Selected 2022 Highlights

*   A floating rate option was added and it was a resounding success. We helped many people to save and make money.
    
*   Blog was launched, and we surely hope that it's going to become a major cryptocurrency-themed blog eventually. Yes, we are talking about the [Exolix Blog](https://exolix.com/blog). We aim to educate and analyze but also predict and discuss the future of the cryptocurrency world.
    
*   3 important sections were added: Markets, Currencies, and Trending Exchange Pairs. Each of them helped make the site a more informative and useful place for its users.
    
*   As much as 100% of our site's design enjoyed an overhaul. Do you like the newer, slicker look of the site? We think that the Exolix home page looks more vibrant than ever before!
    

The inwards-facing improvements are one thing, but what about our work with partners and attracting new partners?

In 2022, we expanded and improved our affiliate program. We overcame past mistakes and conjured up a way to achieve all the goals we were seeking: simplicity, transparency, equality, and profitability. We boast the best rates among leading exchange sites, and we come up with tailored plans for registered affiliates. We also take great care of our business partners, so the magnificent ten discussed above are in great hands.

### Part 4: Navigating Uncertainty

While the declines and rises of the cryptocurrency world are completely unpredictable, some of the global events that took place in 2022 were truly shocking and not in a good way. Dismayed, confused, and taken by surprise, we still managed to grow and achieve breakthroughs. We hope this will bring at least some degree of stability to our beloved customers.

*   We released an app on Android. Today, it is [available in Google Play](https://play.google.com/store/apps/details?id=com.exolix.app&hl=en_GB&gl=US) and has over 1k downloads and no negative reviews. Our app is a way to make it easier to manage and swap your assets on the go.
    
*   We launched a newsletter with the latest updates, the newest promotional deals, and news pertaining to the cryptocurrency world. It's now easier than ever to stay on top of all goings-on in the world of crypto.
    
*   We added new contests. In tough times, it's very important to give people   
        a) something that will keep them occupied/distracted/motivated;  
        b) a chance to win money.   
    Our contests combine the best of both worlds.
    
*   We expanded our team. Our operation is still on track, even with the turbulent changes in the world. We now employ 30 team members that have vast experience in the blockchain world. They bring forth their own individual ideas and recommendations to help shape a better future for Exolix.
    

Rounding Up the Year in Review
------------------------------

Being involved in the cryptocurrency industry has never been an easy task. It's a tough road full of pros and cons and rapid changes which sometimes make things unbearable. As mentioned before, we have a clear vision for tomorrow – a better tomorrow – for Exolix, and we can assure everyone that we are working tirelessly to bring that brighter future to life. Over the past few years, we have made a name for our project by putting the customers in the spotlight.

Remember: you are not a faceless ID or a number; you are our client. Your successes, failures, complaints, and ideas were all a part of Exolix's growth over the years. We wouldn't have gotten this far without you, so thank you.

In the upcoming year, we will continue to bring forth advancements and propel ourselves to the next level. Be prepared to witness new events, new achievements, and hopefully, a whole lot of new partners. Keep your eyes and ears open.

"Tomorrow belongs to those who can hear it coming." 

\- David Bowie

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Our goal is to make Exolix one of the most favorable and respected cryptocurrency platforms out there. 

Year in Review | Exolix

The year 2022 was an enormous transition for us. We have a vision, a clear goal that we strive to achieve every day. Our goal is to make Exolix one of the most favorable and respected cryptocurrency platforms out there. 

Year in Review: Exolix

Delegated proof-of-stake is an innovative consensus mechanism designed to overcome several critical disadvantages of its progenitors: namely, proof of stake and proof of work. While the proof of work mechanism had its distinctive advantages, its efficiency and the environmental impact left much to be desired. The sheer volume of calculations necessary to convert, verify, and transfer cryptocurrencies created serious problems in terms of environmental pollution and crippled the potential for future innovations. Proof of stake emerged as a more affordable, efficient, and democracy-oriented solution. As for the delegated proof of work (DPoS) mechanism, it represents the next evolutionary stage of the already progressive scheme.

What Is Delegated Proof Of Stake
--------------------------------

Therefore, what is delegated proof of stake? In general, it functions very similarly to the traditional proof of stake mechanism albeit with a couple of significant changes, such as voting and delegation mechanics. Conceived in 2013 and presented in 2014 by Daniel Larimer (a famous American software developer), DPoS adds a new layer of security to the traditional PoS, while also maintaining a desirably low level of energy consumption. While proof of work protocols force users to complete numerous mathematical operations to validate transactions, PoS protocols employ validators. The chosen validators verify all transactions based on the number of coins they have managed to stake. All owners of the delegated proof of stake coins may vote for the chosen delegates, promoting their reputation within the network. Many experts remained rather skeptical about how will proof of stake work in comparison with the classic mechanism. Nonetheless, the switch from proof of work (PoW) to proof of stake (PoS) performed by the Ethereum blockchain provided reliable proof of its efficiency.

### Advantages of Delegated Proof of Stake

*   Higher scalability with decreased dependency on computing power and acceptable hardware;
*   Better protection from double-spending;
*   Higher network sustainabitly;
*   Increased financial inclusivity;
*   Democratic and decentralized relationships within a network;
*   Faster transactions;
*   Signigicantly lowered entry threshold;
*   Separation of block creation and election of block creators;
*   Flexible approach to new techniques.

### Shortcomings of Delegated Proof of Stake

*   Delegated proof of stake work systems may be dependent on the number of participants: notably decreased number of active witnesses may lower desired decentralization and create a foundation for the further shrinking of democratic governing functions;
*   Delegated proof of stake work networks require the constant engagement of the maximum possible number of participants; otherwise, the network may fail;
*   Increased risk of 51% attack;
*   Decreased significance of voters with a lower number of staked tokens creates problems regarding the declared democratic structure of a network and may lead to further centralization.

How Proof Of Stake Work
-----------------------

The best way to understand how does delegated proof of stake work, is to look closer at its crucial components. We already know that this network increases its security and efficiency by selecting some trustworthy members, which play the main role in block verification. The actual process is more sophisticated and involves validators, delegates, voting, and witnesses.

### Voting

Although each network uses its unique voting techniques, there are two main groups of voting methods:

1.  Participants may vote directly;
2.  Participants may delegate their votes to other members of the network.

Participants vote for certain nodes, which obtain the role of witnesses. These blocks are responsible for the validation of transactions and the creation of new blocks. Each time the witnesses finish validating all transactions in one block, they receive rewards, which are also shared with their voters. If a particular witness fails to complete all verification processes within a specified period, they obtain no reward.

### Delegates

In a delegated proof of stake system, delegates are considered responsible for all governing and maintaining functions. The delegates are chosen based on the voting procedure in which all users may participate. Furthermore, delegates obtain certain privileges, which allow them to introduce major changes. For instance, delegates may propose various modifications, changing the block size or the share of rewards for successful verification. Once delegates put forward their propositions, blockchain users may vote to decide whether the offered changes are worth implementing.

### Witnesses

The main role of witnesses is to secure and validate the blockchain. Interestingly enough, virtually anyone may become a witness: you do not even have to possess any cryptocurrency to participate in a blockchain as a witness. The total number of witnesses depends on the size of the network. In general, a blockchain network hosts 21-101 witnesses. Records of all successful transactions performed by witnesses are recorded in the ledger. The main resource of any witness is their reputation: users vote continually and it is possible to exclude a witness from a network if users suspect that something fishy is going on or find a witness with a better reputation.

### Block validators

Validators make sure that all newly created blocks comply with consensus rules. As always, considering how proof of stake work, validators are selected among all users in a democratic procedure. Users chosen as new block validators should run a validator node to provide reliable verification within the system.

Final Words
-----------

The delegated proof of stake technology provides a much more reliable and effective alternative as opposed to the robust yet obsolete proof of work consensus mechanism. Among its main benefits, we find increased energy efficiency, better security, improved flexibility, and higher transaction speed. The last point deserves emphasis: delegated proof of work systems function with greater speed. For instance, let us look closer at a delegated proof of stake example. An average transaction in the TRON blockchain, which is based on the DPoS mechanism, lasts no longer than a minute. On the contrary, to swap coins within the PoS-based USD Coin blockchain one has to wait at least five minutes. Therefore, considering that faster transactions and reliable security along with decreased energy consumption have already become matters of top-tier priority, DPoS systems have all the chances to outrace the opponents and provide a leading solution for the cryptocurrency market.

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The following article offers you a brief yet detailed description of the consensus mechanism known as delegated proof of work

How does delegated proof of stake work?

The delegated proof of stake technology provides a much more reliable and effective alternative as opposed to the robust yet obsolete proof of work consensus mechanism.

While today’s world has stepped way past the advent of cryptocurrencies, the rest of the technological capabilities of blockchain increasingly often attract businesses from small to corporate. Among many improvements, blockchain tech brings in augmented transparency and integrity of data—the potential from which supply chains of all levels can benefit. Another area of application involves minting and marketing NFTs; these are extensively used as a basis for promotional and loyalty programs suitable both for corporate workers and customers. Of course, the potential of making the most from the tech directly depends on what company uses blockchain. While it is clear that financial institutions enjoy the advantage, companies in other sectors may surprise you with how well their interests merge with decentratech applications. And everyone can refer to stats on an exchange platform like Exolix to witness the high demand investors create for certain currencies after they make an appearance in collaborative business projects. But what are the major names in this ever-growing group of top companies that use blockchain? Read on to learn more.

Most Influential Companies that Use Blockchain
----------------------------------------------

### FedEx

Easily the leading player in the area worldwide logistics, FedEx processes amounts of cargo worth billions of dollars on yearly basis. Considering the nearly bottomless depth to their management architecture, it’s all the more impressive how they have made good implementing decentralized capabilities corporation-wide. Nowadays, the FedEx supply chain is being tested and further developed in track precious cargo, with a view to extending it functionally to cover the entirety of shipments. Furthermore, they are also known for influencing the blockchain industry standards by providing valuable real-world application data and system evolution insights.

### Bank of America

In the field of big companies that use blockchain, BofA has long become an essential player providing private and business clients with a payment platform and blockchain know-how on the global scale. This institution is deeply involved in ameliorating and re-working the landscape of digital currencies, making it possible for game-changing investments to find their bearings in the unstable sea of whimsical rates and sky-rocketing assets. BofA has patented hundreds of items on blockchain, and even though the bank itself does not deal in crypto due to the crypto regulations, they pose as strong advocates of Bitcoin and the kind. According to their CEO, the chain generates real cash flows by:

*   collecting fees,
*   validating network transactions, and
*   enabling NFT sales/purchases,

...which certainly won’t go anywhere in the near future.

### Mastercard

As many of you know, back in 2018, Mastercard has won the third place in the global ranking of enterprise blockchain patents with their impressive portfolio of 80 patent filings. To date, this giant of a payment system remains one of the most progressive innovators in employing decentralized subnets that allow funneling data from multiple blocks in the chain. Subnets will organize large networks in smart nimble chunks. This will enable processing and storage of virtually any amount of data without having to follow standardization practices.

### IBM

Another emerging giant in the decentratech space is IBM, who is greatly invested in supplying blockchain-based solutions to commercial enterprises. Their Hyperledger Creator is a mighty implement that enables organization with the capacities to install their own system operating on smart contracts. This technological cooperation spreads far and wide, powering up the logistics, cost handling, and internal management efficiency of many multinational companies, including networks of hypermarkets like Walmart and financial powerhouses like CaixaBank. In what come to their contribution to Walmart, IBM’s software has already reshaped the supply chain, improving the control over contaminants and sanitary processes.

### Siemens

One of the sectors relying heavily on blockchains is, unsurprisingly, energetics. What has initially grown to be a major consumer of the world’s energy resources, is now helping us to save and optimize the usage, and few companies know more about this than Siemens. They are a great example of what companies use blockchain technology for: sustainable power generation, shift to green energy, responsible consumption.

### Carrefour

No area of human activity is as sensitive to timely deliveries and proper handling as food production, and blockchain is here to save your bacon. Carrefour makes top 3 of food makers that pride themselves on being technologically savvy enough to implement decentralized networks in tracking their produce. When it comes to what you serve to your dinner table, nothing quite beats freshness, and that is why many customers are willing to place trust in Carrefour. Thanks to blockchain, all of their clients are now able to scan a QR code and learn about the date and place of harvesting, risk of pesticide content, nutritious value, etc.

### Ford

Ford is famous for pioneering many cool gizmos, with decentratech making no exception. In fact, IBM is one of their major companions, as the two of them hope to improve tracking raw manufacture materials (e.g. cobalt) directly from sources. This pursuit is meant to ensure the highest quality supplies, and the automobile concern strives to implement ledgers for maintaining spotless logistics.

### Coinbase

Surely, we all expect to find a cryptocurrency exchange among companies that use blockchain technology, but Coinbase is more than just that. Being an unrivaled web resource where hundreds of millions of users convert their assets, this company went a step further in transparency and sefaty when in 2021 it turned public. Similarly to Exolix that allows users to swap a profound assortment of coins at competitive rates, Coinbase provides that and much more, including a personalized debit card and a variety of crypto wallets.

### Pfizer

Considering their unsurpassed knack in handling digital inventories, blockchains come as real tugboats for any such huge organization as Pfizer. With millions of biomedical records and pharmaceutical product entries on board, all the flagships in the industry, such as AstraZeneca, Merck, and GlaxoSmithKline, should join Pfizer in their decentralized ventures, if they already haven’t done so.

### L'Oréal

Just on the beginning of this summer, L'Oréal proclaimed partnership with certain blockchain developer teams of no small importance. The Sandbox metaverse and POC are well known for their effort to diversify Web3—and this alliance with the cosmetics industry leader is meant to enrich the modern interactive space of Internet with a set of avatars. These will represent characters of different ethnicity, sexual orientation, and gender, and undoubtedly earn their place in the top-tier NFT market.

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TOP 10 Major Companies that Use Blockchain Technology in 2022

What are the major names in this ever-growing group of top companies that use blockchain? Read on to learn more.

The main mission of Exolix is to make an exchange process fast, easy and secure and we fulfil this intent with dignity. That is why we are proud to announce that the Stargazer wallet has integrated the Exolix functionality. As a result of the new partnership, Stargazer users can exchange cryptocurrency and enjoy all the benefits of Exolix without leaving their wallet:  
  

*   Over 320 cryptocurrencies are available for exchange
    
*   Instant swaps: making an exchange takes from 5 to 30 minutes
    
*   Fixed and floating rates: via fixed rate option users are protected from market volatility,  as the rate is fixed for 60 minutes, via floating rate option users will receive the actual rate at the moment of the transaction.
    
*   Anonymity: user does not need to register to make an exchange
    
*   Transparency: users can track each stage and the status of their transaction.
    
*   No exchange limits: user can exchange any amount
    
*   24/7 dedicated support: our team is always available to help you
    
*   Multilingual: the service is available in 14 languages.  
      
    

Exolix and Stargazer Wallet сcooperation guarantees users a high level of security and confidentiality of their assets.  
  
About Stargazer  
  
Stargazer is a portal to your crypto assets, personal data and Web3 experiences. Wallet available for IOS, Android and Chrome and is cross-chain compatible with the Ethereum Network.  
  
Stargazer features:

1.  Cross-chain compatibility with Ethereum Network: store, transact, and interact with supported ETH/ERC-20 tokens. This is the first step to making the Stargazer wallet cross-chain compatible within the crypto ecosystem.
    
2.  Seed phrase ready: your multi-chain wallet comes with a 12-word seed phrase for added security—you own and control your assets and transactions at all times, including your seed phrase. 
    
3.  Multiple addresses, one wallet: you can create multiple addresses each with their own unique public/private key pairs within your wallets. 
    
4.  Send and receive tokens: you can send/receive $DAG and supported ETH/ERC-20 tokens to/from an exchange or your existing wallet address. You can also send $DAG between different addresses within your Stargazer wallet.
    
5.  Contacts: you can manage your addresses easily. 
    
6.  Import single private key account: if you have a wallet with multiple addresses, easily import an individual address via your private key, rather than importing all the existing addresses linked to your wallet.
    
7.  Support for NFTs: store all your NFTs in your Stargazer Wallet. 
    

  
Exolix is looking forward to a long-term mutually beneficial cooperation with Stargazer Wallet. We will continue to develop and become better together in order to offer our customers the best services.

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Exolix and Stargazer Wallet сcooperation guarantees users a high level of security and confidentiality of their assets.  

Exolix partners with Stargazer Wallet: fast and limitless crypto swaps without leaving your wallet | Exolix

Exolix solution is now available in Stargazer Wallet

## Bittab integrates Exolix functionality

Exolix is proud to announce a new strategic partnership with [BitTab](https://bittab.io/)  -  a tool for automatic tracking of cryptocurrency rates on the Windows desktop. It shows real-time values and prices of numerous cryptocurrencies from various worldwide exchanges on your desktop. Thereby BitTab users will be able to exchange their crypto assets directly on the platform through the Exolix widget, which provides an instant exchange of more than 420+ cryptocurrencies with fixed and floating rates.

To convert one crypto asset to another via Exolix widget on the BitTab platform, the user needs to follow a few simple steps: 

1. In the Exolix widget, which is located on the left side of the Bittab main page, select a pair of crypto assets for exchange, enter the amount of the first crypto asset and confirm the accuracy of the specified data by clicking the "Swap" button. 
2. After you are redirected to the Exolix website, you need to select the exchange rate (fixed or floating), enter the recipient's address and click on the "Exchange" button.
3. Send the necessary amount of the cryptocurrency to the deposit address that Exolix will create for you. 

After completing the above steps and after coins are received, the exchange process will begin.
Let Exolix do all the work to find the best rates on the market and process the exchange as fast as possible. Your assets will be sent to you in just a few minutes. After the exchange is finished users will see all transaction details. That's it!

Via Exolix widget, you can make the same exchanges as at the Exolix website. Registration and KYC are not required and the average exchange time is about 5 minutes. There are no additional fees!

## About BitTab

Active users of the crypto industry constantly need to understand the current market value of digital coins. Therefore, it is very useful to be able to see the price tags on your own desktop without opening a browser and third-party applications. To provide such an opportunity BitTab, a simple and intuitive cryptocurrency tracker widget for Windows, was created.

BitTab features:
- More than 5000 kinds of coins and tokens from all around the world
- Always available at the top or bottom of the screen
- The number of cryptocurrencies to be tracked is set by you.
- Auto-estimation of total crypto prices
- Auto-conversion of currencies into local units
- Customizable template-based user interface
- Notifications for various alarm conditions
- Various reloading intervals from as fast as 10 seconds

Exolix is glad to provide all BitTab users with its service and make it easy for you to exchange cryptocurrencies. Instant and safe swaps are provided for you!


Strategic Partnership: Bittab integrates Exolix functionality

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Exolix is ​​proud to announce a new strategic partnership with BitTab, a tool for automatically tracking cryptocurrencies on the Windows desktop.

The Exolix cryptocurrency blog is dedicated to providing useful trading tips, guides. More guides, trading tips and latest crypto news.

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Year in Review: Exolix

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TOP 10 Major Companies that Use Blockchain Technology i...

Exolix solution is now available in Stargazer Wallet

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