X-CASH is an encrypted currency based on blockchain technology. The X-CASH platform aims to be a global intermediary for all types of payments and reduce transaction costs by 99%. XCASH is based on the core code of Monero v8, the Cryptonote PoW algorithm, and uses the CryptoNight Hash function. The reason for choosing Monero, a blockchain source code that has been verified by long-term use, is not only that the code can be continuously improved and updated, but also has the characteristics of high privacy and low transfer consumption, so that the X-cash project will destroy the existing There is huge potential for payment solutions that offer businesses a new way to complete transactions.

Project Introduction

XCash is headquartered in Paris, France. CEO Guilhem CHAUMONT has many years of experience in banking transactions, is familiar with the payment transaction industry, and has his own cryptocurrency mining company. Chief Technology Officer Zach HILDRETH, with more than 20 years of programming experience, has been involved in the blockchain technology industry since 2013, engaged in mining technology research and development, and was once the chief writer of a well-known mining website. COO Paul BUGNOT has many years of marketing experience and is also a lawyer.

Phase 1

Based on pow, based on the core code of Monero v8, the free switching of private transaction, public transaction and other modes is added on the basis, which is also conducive to meeting government regulatory requirements and appropriate privacy requirements at the same time, using the original Cryptonight HeavyX PoW algorithm can effectively fight against asic mining machines, and also makes CPU and GPU mining more fair.

Phase 2

It will run on the basis of pow that has been running for more than one year, and will switch to the dpops+dbft consensus on the main network after the public beta is completed. Running on the basis of pow for more than one year can ensure that the dpops vote process is more fair And decentralization, based on the new dpops+dbft consensus, the throughput of the system will be greatly improved, making it possible to apply to offline payments and become a medium for rapid exchange between different currencies.

Project Highlights

Expertise

The foreign community is huge, with tens of thousands of people, active developers, core developers with strong personal abilities, solid technical skills, strict requirements for themselves, and extremely standardized coding.

Original mechanism

Using the original dpops+dbft mechanism, the feasibility and performance of the dbft mechanism has also been verified on NEO (little ants), and it can also effectively prevent the generation of forks.

Safe and reliable

The code progress is updated in a timely manner, ensuring the transparency, safety and supervision of the project.

Multi-modal transfer

Provides a variety of modes of transfer, the transaction process can choose the appropriate level of anonymous transfer according to different application scenarios, and at the same time protect all information of the address.

Community Oversight

After more than a year of precipitation in the POW stage and the continuous growth of the community, the degree of decentralization of the project is relatively good. Solicit community input by voting.

Xcash Ecosystem

Constructed an ecosystem based on Xcash technology, X-CASH, X-BANK, X-PAYMENT, X-BLOCKCHAIN, on the basis of the second stage dpops+dbft consensus, it will build a conversion between different currencies similar to Ripple Effective payment services to meet different transaction needs, including the development of interfaces provided to merchants to enable mainstream currencies such as BTC to complete offline timely payments through the xcash medium.

Stable Payment Network

Acquire funding in a completely self-financing manner, without choosing to raise funds through ICO with higher risks, and have more flexibility to create a stable payment network based on Xcash.

Related links:

https://xcash.zone/introduce.html