X-CASH, THE MOST UNDISCOVERED CRYPTOCURRENCY IN 2021.

Goodnews Samuel
4 min readJan 29, 2021

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XCASH community banner

Behind X-cash is a highly dedicated team, that have been actively developing all the products of X-cash for almost 3 years without any ICO funding. This shows that the team puts the interest of its community and users as top-most priority. In fact, the teams share of the coin has been locked up(with verifiable reserve proof keys) until a market cap of at Least $10,000,000 is reached before they’ll ever get any reward for the hard work they’ve been putting in. No wonder the community members and investors tend to have a “shaolin monk” level of endurance and support towards the project for all this years. check them out on discord.

X-CASH IS AN INNOVATIVE PRODUCT.

Why did Bitcoin become so valuable? It’s because it was the first invention that birthed the Idea of a cryptographic digital currency, Other coins such as ETH, TRON and EOS owe part of their value to the fact that they Innovated on what cryptocurrencies can do. X-cash has an Inherent value in it for the fact that its the first cryptocurrency to allow public and private transaction on a single address. It’s also the first coin to implement delegated proof of private stake(DPoPS) which introduces privacy into the already established delegated proof of stake (DPoS) consensus mechanism. It also incorporates Byzantine fault tolerance (BFT) and verifiable random function(VRF). Since it was forked from monero(XMR), it inherits all the established securities of a cryptoNight based coin. All these where from scratch and was over 50,000 lines of code written and optimized in the “C” programming language. this new mechanism will be activated on the 6th of february, 2021, and you can make an ROI of up to 9% by voting for a delegate. learn to vote now.

WHAT’S X-CASH UP TO WITH ALL THESE TECH?

There are a bunch of coins out there that were built just to show off some cool tech, without any real purpose behind the protocol, X-Cash isn’t so. The idea of X-Cash came as a result of some problems noticed in the our beloved privacy focused cryptoNight algorithm. One of the main reasons why Monero can’t scale up to a couple of transactions per second is because the blockchain data will become too heavy for an average user, which will discourage more people from having the blockchain on their laptops. One of the best way to solve this problem is to create delegates who won’t only run the core blockchain (X-Cash core), but will also run a second layer (DPoPS-core), which can now incorporate faster sidechains and hold all the high level data that makes the blockchain heavy.

The result is a blockchain that could scale up to infinite number of transactions per second, this is because the limit is actually the delegates, and how powerful their servers can be. It also gives us a backbone to build smart contracts, distributed applications (DApps) and so much more in the pipeline.

X-CASH HAS A SUIT OF PRODUCTS BUILT FOR IT .

i. X-BANK: The X-Bank is a community project actively maintained by the X-Cash Foundation. It serves as an online custody solution to securely store and manage your X-Cash, and will be the bridge to the X-Cash ERC-20 token : WX-Cash, which is a wrapped version of X-Cash that will have several use cases:

  • Store, transfer and use XCASH more easily(metamask, ledger etc..)
  • Enable new exchange listings at a reduced price + Uniswap.
  • Replicate staking in DPOPS (without voting rights in the first version)
  • Allow incentivizing liquidity on Uniswap through a Liquidity Reward Program.

X-Bank is also been currently upgraded into a full-fleshed cryptocurrency exchange that will have X-cash as its main utility coin. Visit X-bank.

ii. X-PAYMENT: A payment solution that can be instantaneously integrated on any Discord server. Send some X-Cash over there, participate in the discussions and easily send funds to anyone on the same server.

iii. there are a lot of other products in the pipeline that will be built on top of X-cash such as sidechain payment, smart contract and Non-fungible Tokens.

Without any reasonable doubt, the best crypto project you can be part of at this moment is X-cash, because It’s definitely heading to the moon.

IMPORTANT LINKS

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Goodnews Samuel
Goodnews Samuel

Written by Goodnews Samuel

A front-end developer, dentist and cryptocurrency enthusiast

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