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Please visit the X-CASH website to find out more.Cryptunit uses data provided by CoinGecko
X-CASH is a cryptocurrency built on Monero v7 with the aim to become a standard in digital payment and transaction settlement. We believe privacy is very important when it comes to managing personal finances, but at the same time, banks and institutions need to know the source of the funds for KYC purposes. Therefore, we plan on leaving the users the choice of whether or not they want their transaction to be public.
|Hashing algo||CN HeavyX|
|Block time||0 sec|
|CN V7||27. Oct 2018|
|CN V8||06. Nov 2018|
|CN HeavyX||15. Feb 2019|
Ticker: XCASH (formely XCA)
Total supply: 100.000.000.000 (100 Billion) XCASH
Distribution: Mining, Airdrop
Reward: ~100.000 XCASH (at inception)
Emission: Logarithmic until max supply reached in 2020
Difficulty adjustment: Every 90 block (dynamic adjustement)
X-CASH rebranding to X-Network (december 2018)
X-CASH is a cryptocurrency built on Monero v8 with the aim to become a standard in digital payment and transaction settlement. We believe privacy is very important when it comes to managing personal finances, but at the same time, banks and institutions need to know the source of the funds for KYC purposes. Therefore, we plan on leaving the users the choice of whether or not they want their transaction to be public.
Because we are implementing a worldwide network of dedicated servers, we hope to make the synchronization of the blockchain faster than other cryptocurrencies as well as reducing transaction latency. We believe this network will be a key component in the deployment of the future improvements we plan on adding to the core code.
By having funded $100k of the capital, we have decided to not go through an ICO process. We believe this adds another layer of credibility by only asking personal and time commitment from the community. Finally, the control of 100% of the company’s equity will ensure that no dissension will happen in the decision-making process, enabling faster evolutions and a full realization of the long-term vision we have for the company.
Regulatory compliant and linked to traditional banking
By being incorporated in France, we want to be compliant with all France and E.U. existing and upcoming regulations. Similarly, thanks to our background in the financial industry, we hope to build a tight link with traditional banking. These two elements are compulsory and needed to bring cryptocurrency to mainstream adoption. Regulations will ensure the protection of the users and investors while banks will serve as a catalyst thanks to their solid base of retail clients.
DISTRIBUTION OF X-CASH
By granting only 2% of the coins to the founding team, we are hoping to build trust with the market.
Moreover, we have decided to link the release of the coins to the team with the evolution of the market capitalization of X-CASH.
This will both prevent any hard dumping and ensure the long-term commitment of the team whose interests are aligned with the community. Also, in accordance with our policy, we will provide quarterly external audits on the premine funds status and quantity.
Half of the premine is reserved to the airdrop/bounty pool. This enables to have a large proportion of our coins being evenly distributed between users, even those without huge mining power.