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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.Fully self-fundedBy 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 bankingBy 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.Include our brand new feature FlexPrivacy: chose between public and private transactions from the same addressWe developed the FlexPrivacy feature, giving the opportunity to the user to chose between sending their transaction privately (like in Monero) or publicly (like Bitcoin), from the same account, on the same blockchain, and on a per transaction basis. This is the first Cryptonight coin showing this hybrid feature, resembling the current cash system:- make a transaction using a check, credit card, bank transfer etc… and leave a transaction trail (public transaction)- pay with cash from person to person, without any outside party witnessing the transaction (private transaction)Either way, similar to the fiat system, there is no need to have multiple accounts to pay with cash or check. Your account balance, as well as the receiver’s account balance, is never made public.COIN INFOTicker XCASH (formely XCA)Total supply 100.000.000.000 (100 Billion) XCASHDistribution Mining, Airdrop Algorithm Cryptonight v8 (Proof-Of-Work)Reward ~100.000 XCASH (at inception)Emission Logarithmic until max supply reached in 2020Block Interval 60sTx time (average) 30sBlock size (average) 300kb Difficulty adjustment Every 720 block__________________________________________________________________________DISTRIBUTION OF X-CASHBy 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.In order to enable a stabilization of the network hash rate and to validate our procedures, we have reset the blockchain 2 days (~3800 blocks) before the public release. The funds mined during this period (~400m XCASH) will fully be released to the community through various bounties described in the bounty section.__________________________________________________________________________TEAMWe are a team of 3 people, who are dedicating 100% of our time to the project. In addition to the various experiences we have had with blockchain technology, our strong experiences and academic background bring credibility to our project. We are not cryptocurrency experts but are slowly becoming ones thanks to our broad scope of technical skills.__________________________________________________________________________ROADMAPDespite being more focused on successfully launching the first version of X-CASH at the moment, we are thinking about the future of our blockchain. X-CASH 2.0 will need to address two important topics which are scalability and ground base for API development. There are 3 possibilities we have been thinking about:
Evolve our current code: This is the natural path that we currently are focusing on. It basically consists of incremental releases, that will make us progressively reach our targets while keeping cryptonote and cryptonight PoW as core code. The next release of X-CASH 1.1 is set up for the end of September.
Build a new technology/core code from scratch: This is a very interesting path as we have a few ideas we would like to work on, which include a constant size blockchain or blockchain compression. We will later detail these concepts, once we can validate our first stage development and attract more funding.
Include X-CASH in an existing protocol: We are also carrying some thought about implementing X-CASH into a more developed blockchain network. ERC20 contracts as other standards on the Ethereum blockchain could be interesting but are not viable at the moment, because they still do not address scalability. Similarly, we have been watching closely what solutions EOS is offering because they could offer some answers to the challenges we are facing.
Our conclusion is that the technology is not mature enough for the moment but we keep running parallel experiences and will revise our position accordingly, should any significant changes happen.
__________________________________________________________________________GLOBAL NETWORKTo support the X-CASH Network, we are setting up dedicated servers with high available bandwidth all over the world. In addition to the nodes run by the users, they will ensure a fast synchronization of the blockchain and guarantee low latencies for all users from day one. This consists of a 3-phase deployment that we will perform over the next months. While the map below summarizes our current live servers, we hope to cover geographically 95% of the countries by the end of 2018.LIST OF ALL REMOTE NODES__________________________________________________________________________GUI WALLETAlways thinking about improving users experience, we have developed our own desktop wallet to help users navigate through their account, send/receive payments and manage settings.We are currently working on bringing the desktop wallet to OSX and Linux systems, and on mobile later this year.DOWNLOAD__________________________________________________________________________||| WEBSITE ||| WHITEPAPER ||| EXPLORER ||| MINING POOLS||| AIRDROP ||| TEAM ||| FAQ |||TELEGRAM ||| DISCORD |||TWITTER |||COINMARKETCAP |||
There are so many good things to share that it is hard to know where to start!
In October of 2018, Liberty Coin became one of the only LLC companies for cryptocurrency in the Unites States. Why would you do that, you might ask? Quite simply, there are so many scam and crap coins out there today that it has become increasingly hard to be taken seriously without having the backing of whales from the start.Liberty coin was created by the ONLY developer to successfully fork PIVX with all of the privacy features in up-to-date and in-tact. (We use Zerocoin version2).We have created an iOS app that is going through internal testing and preparation for submittal the the Apple Store. It is no small feat to get Apple to approve a cryptocurrency app into the store but we have done it in the past and will, by the Grace of God, do it again.Our initial ROI for the new chain is phenomenal and yet responsible. To see more about the rewards schedule, take a look here.We have also gone through a special validation process to get our company validated for our website.If you look here you can see that our website is certificate not only is validate but shows whereas are address and existence have been verified by the 3 rd party.
With so many coins to choose from I hope that you will take a few minutes to perform due diligence and see that Liberty Coin, LLC, is worthy of your attention. We have a discord channel and would welcome you to join as a citizen in the Liberty Coin Revolution.
- Martin Mizzell
P.S. There is no ICO. The core team has paid for everything out of our own pockets and will receive payments from the blockchain through, Town Hall, our decentralized governance system.