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README.md

xbit Core integration/staging repository

xbit is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.

  • Anonymized transactions using coin mixing technology, we call it Coin Mixing.
  • Fast transactions featuring guaranteed zero confirmation transactions, we call it FastSend.
  • Decentralized blockchain voting providing for consensus based advancement of the current Masternode technology used to secure the network and provide the above features, each Masternode is secured with collateral of 10,000 xbit

More information at xbitproject.com

Coin Specs

Ticker Symbolxbit
AlgorithmQuark
TypePoS
Block Time300 Seconds (5 mins)
Difficulty RetargetingEvery Block
Max Coin Supply (PoS)210,000,000 xbit
Premine/Initial Supply21,000,000 xbit*
xbit Created Per block100 xbit**
Reward MethodTeeter Totter Based Targeting System

**10% of total supply Premined.

PoS/PoW Block Details

Proof Of Work Phase1-2016 Blocks.
Proof of Stake Phase2017-infinite

Staking Methods

MasternodesYes - 10k xbit Required
Wallet StakingYes - 2016 to infinite xbit

Slack

Twitterhttps://twitter.com/#####
Discord ChatDiscord chat
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