Since 2018, we are developing privacy-centric open-source technology.
In a context of an increasing need for privacy and personal data protection, the X-Cash protocol is positioning itself as a bridge between the users and the blockchain layer.
At the same time we believe anonymity cannot come without transparency options, for regulatory reasons, and because blockchain transparency is the best medium for trust.
Despite having not performed an ICO, the X-Cash development has been carried throughout the years thanks to a growing community of contributors.
The X-Cash Public Network is governed by 50 delegates through a custom Delegated Proof of Stake consensus designed on top of the Monero technology, the Delegated Proof of Private Stake (DPOPS).
Our mission is to build a technological framework made for the web3 privacy.
The X-Cash Project is an open-source blockchain protocol, guided by a consistent technological vision of building core components first. This roadmap has been designed to tackle the necessary parts of the Web 3.0 framework. As an open-source driven project, we are reviewing on a regular basis new technical solutions in accordance with the community needs.
On the same basis of the Lightning Network on Bitcoin, sidechain payments enable quicker payment processing on the X-Cash blockchain.
Full programs running completely decentralized on the web, nodes will be able to run smart contracts on the X-Cash blockchain.
Sidechains are blockchains running in parallel of the main X-Cash blockchain, enabling different characteristics for different needs.
Hosted on special sidechains on the X-Cash network, NFT will enable the creation of collectables on their own blockchain.
The wrapped XCASH is an ERC20 bridge for X-Cash, enabling the integration of X-Cash into the Ethereum ecosystem. Through a secured platform within the X-Bank, we are developing a solution to swap XCASH for wXCASH on the Ethereum blockchain, and replicate the staking components of the mainnet while also incentivising liquidity.Read Whitepaper
Flexprivacy is a unique feature enabling both public and private transactions on the same network, on a per-transaction basis. Every transaction made public are viewable on the X-Cash explorer in a similar fashion as on the Bitcoin chain.Read Whitepaper
Delegated-Proof-Of-Private-Stake (DPOPS) is a new blockchain consensus developed on top of the cryptonote protocol to tackle the caveats of POW consensus.Read Whitepaper
Because of the main focus of the project is transparency, XCASH coins' allocation can be verified at all time using reserve-proofs. Even as a private cryptocurrency, this enables people to track publicly the spending of the project.
XCASH are minted at every block creation by elected delegates. The reward from block creation is redistributed to voters as a ratio of their vote.
Has been distributed through a two-year long airdrop program, starting in 2018.
Now completed, these coins are part of the circulating supply.
The company supplied is locked by X-Network, the company behind the initial funding of the X-Cash project.
These funds will be used by the company to further the development of X-Cash. All decisions about the unlocking of these funds will be made public.
The private investors fund was designed to enable large quantity investments of X-Cash in the initial steps of the project. It has now been mostly depleted.
The team reward is a locked amount for each member of the X-Network company.
These rewards are locked until several market capitalization milestones are reached. Every time the market capitalization of XCASH is multiply by 10, starting at 10M USD market cap, 20% of the reward is unlocked.
As of today, the reward is still locked.
The contributor fund is used for funding projects, bounties, and specific development tasks of the X-Cash project.
This fund is managed by the X-Cash Foundation
Read the latest news about the X-Cash project.
Today, we think that it’s necessary to take the time and take a step back to write about the latest development in the X-Cash ecosystem.
X-Network, the primary contributor of X-Cash development, will perform a buy-back of 823,298,491 XCASH in a 3 months period starting Wednesday, September 16th, 2020.
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