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Author Topic: [ANN] [ETX] ETXCOIN Peer 2 Peer Decentralized Digital Currency  (Read 182 times)

Offline sieemma

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Etxcoin is a peer to peer digital currency which embraces both the Proof-of-Work & Proof-of-Stake hybrid Sha256 consensus algorithm. Etxcoin’s hybrid algorithm increases the security level of the network bypassing the distributed denial-of-service (51% attack). Proof of work (POW) is the process of solving mathematical problems to add new batch of transactions (block) on the blockchains open ledger. Miners are in charge of the verification of legit transactions to avoid double spending, they get rewarded a new currency  for performing the last task depending on their hashing power and the transaction fee. Proof of Stake (POS) is responsible for validating the transactions in a block by randomly picking the validator depending on the wealth or age. Coins must become mature before becoming eligible for staking and securing the network. This type of algorithm doesn’t require electrical and computing power to validate the transactions which can be more cost efficient. POS miners get rewarded transactions fee instead of block rewards.


Features:

Algorithm:
SHA-256

Time between blocks:
120 seconds

Block size:
4MB

Block Halving Rate:
210,000

Premine Amount:
31,000,000 ETX

Total supply:
52,000,000 ETX

Wallet:
Windows, Linux (Ubuntu), Mac (OS X)

Paper wallet

Mining pool

Block explorer

Mining (POW)

Daily Block Count:
720

Coins Generated Per Day:
36,000

Staking (POS)

Premined:
31,000,000

Yearly Interest %:
11

Minimum Stake Age (in days):
10

Maximum Stake Age (in days):
90

Website: https://etxcoin.org/
Github: https://github.com/etxcoin/Etxcoin-Dev-Repository
Block Explorer: http://etxexplorer.com
Pool: http://Etxpool.com
Wallet: https://etxcoin.org/wallet/
Paper Wallet: http://paperwallet.etxcoin.org
Instagram: https://www.instagram.com/etxcoin/
Telegram: https://t.me/etxcoin_org
Twitter: https://twitter.com/etxcoin_org

 

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