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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.00000165
Circulation/Max
62.82B/100.00B
Dominance
0.00%
ROI -90.08%
$0.00000165$5.44891685
Low · 2023/04/282023/04/28 · High

Information

How does X-Cash DPoPS Make Staking Private and Secure?

The DPOPS (Delegated-Proof-of-Private Stake) protocol is a unique and innovative solution that prioritizes privacy. It offers a range of privacy features, including:

  • Privacy Flexibility: Users can use a single wallet on a single blockchain to perform both public and private transactions according to their discretion. This allows for anonymity when needed and transparent transactions when required.
  • Privacy Swap: X-Cash is the first blockchain to offer this feature with a high level of user-friendliness.
  • Secured & Unfalsifiable: Private and public transactions are cryptographically signed in large fixed ring-sized transactions.

The X-Cash Public Network operates under the governance of 50 delegates through a custom Delegated Proof of Stake consensus based on Monero technology, known as Delegated Proof of Private Stake (DPOPS).

The network's security is ensured by the top 50 elected delegates, who secure the network and earn block rewards. To become a delegate, one must be voted into the top 50 by the community. Staking and voting are integral parts of the process, with each person attributing a stake of at least 2M XCASH to a delegate, representing a weighted vote. The voters' stake remains in their wallet at all times thanks to cryptographic reserve proofs.

The network's security is further enhanced through the use of a DBFT communication system, which guarantees a 67% consensus, and a verifiable randomized selection of block producers to prevent targeted attacks against delegates.

From the outset, X-Cash has brought innovative features to the privacy coin space, such as FlexPrivacy and the ability to conduct both public and private transactions on the same blockchain using the same wallet.

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