Italo Network (XTA) is a low-supply and low-emission hidden cryptocurrency network based on the CryptoNote protocol. XTA has a "Soft Emission Curve" - ​​a CryptoNote emission curve variant with a 75% lower block reward rate designed to preserve value through low annual inflation and incentivize fair ASIC-resistant mining for decades rather than data Year.

Project Mission

The mission of XTA is to create a low-fee, secure, private and attack-resistant payment network by combining two key points of innovation, namely Hashplug and Fair-Fee Algo. Combining the two, XTA will create an alternative proof-of-work network that is democratic, fair and more energy efficient.

Project Highlights

Security
Italocoin strives to provide maximum decentralization. You don't have to trust anyone else on the network, nor is it run by any large groups. Italocoin can be easily mined on an ordinary computer thanks to the accessible "Proof of Work" algorithm, which makes it much more difficult for someone to purchase large amounts of mining power.

Anonymity
Transaction privacy is protected by a secure cryptographic setting "Ring Confidential Transactions" (RingCT) with a minimum ringsize (hybrid) of 11 to hide the source/amount transferred , and make it highly resistant to any blockchain analysis, making it impossible for anyone to identify who sent the money, who the recipient was, and how much money was transferred.

Efficient Transactions
Italocoin uses Confidential Transaction Protocol, which uses a type of mathematical proof called "bulletproofing" to make sending coins cheaper and more data efficient. This makes the currency more attractive and people can use it efficiently and cheaply. Remember, the "Bulletproofs PAD" reduces TX size by 82%, which means 82% less expense!

Deflation
With fewer and fewer emissions, Italocoins gradually become more expensive over time. The number of Italocoins issued every 120 seconds has decreased slightly, as a result the value of Italocoins has increased and the exchange rate has also increased. And since Italocoin's emissions are slowly decreasing, it protects the currency from economic shocks.

Technical features

Simple one-and-done universal mining
Italo Network works by providing easy-to-use mining and thin Client applications that provide opportunities for global economic integration. Each device will be able to fully utilize unused computing power and have access to its own device-specific XTA address for optimal hash rate distribution.

PAD-Adjusted Bulletproofs (PAB)
Based on the latest Monero codebase, Italo implements a PAD-adjusted version of Bulletproofs, a method for single-range and multi-range proofs A trustless setup, zero-knowledge proof protocol. This reduces transaction fees and storage requirements by an average of 82%, while significantly increasing blockchain synchronization time and block validation performance. Combined with RingCT obfuscation, XTA can effectively guarantee the privacy of end users.

Integrated Merchant Adoption Tools
XTA's mining and thin client applications will be seamlessly integrated into our bespoke merchant tools, allowing end users to engage with merchants both online and locally Easily spend the XTA they mine and receive for goods and services.

Fair Fee Algorithm
Italo's important contribution to the field of cryptocurrencies, solving the double-sided bulletproof challenge that attackers can create very large transactions without strict economic constraints, This allows an attacker to send spam to the network. Italo’s Fair-Fee Algo ensures both low transaction fees and smooth fee scalability through the number of outputs, preventing DDoS and spam attacks on the network. Fair-Fee Algo empowers users and merchants by creating a truly economical and secure global value transfer network.

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