Decentralization

Decentralization is a cornerstone concept within blockchain-based cryptocurrencies, providing a significant edge by removing inefficient, arbitrary, and proprietary practices needed to establish and maintain trust.

For the XUN Finance payment network, decentralization is pivotal in granting access to a wide array of assets that can be liquidated swiftly and efficiently, bypassing the need for costly and protracted trust protocols. This inclusivity extends to various cryptocurrencies, tokens, credit payments, points from credit service providers, various forms of digital assets, and fiat currencies. This decentralization facilitates a more direct and cost-effective interaction between users and merchants.

XUN product structure includes five decentralized tiers: the access, solution, product, core, and blockchain network layers. Governed by an open payment consensus protocol, each layer ensures compatibility with decentralized applications. This protocol is versatile, accommodating major public blockchains and integrating second-layer networks like the Lightning Network to support real-time transactions and mitigate risks linked to price volatility.

Decentralization also streamlines merchant onboarding, reconciliation, and settlements through automated, transparent smart contract execution. Decentralized processes considerably enhance functions like dispute resolution, exchange, and automated clearing. XUN Finance commits to delivering quality and efficiency in these decentralized processes.