X-Cash is the innovative privacy-focused cryptocurrency project

Paris, France, April 23, 2022 (GLOBE NEWSWIRE) — Quick Introduction

  • X-Cash Foundation is an ICO-free open-source blockchain project that aims to create innovations in the field of private coins.

  • The community project is based on an open source protocol developed for Web 3.0 privacy.

  • X-Cash is listed on several exchanges and trades against BTC, LTC, ETH and USDT.

X-Cash Foundation is a self-funded crypto project launched in 2018 to create a privacy-focused cryptocurrency inherited from the Monero cryptocurrency. The project offers a new addition to the private room space and will provide a toolkit for the next steps of the web. The project is currently working on the launch of Sidechain Payments to accelerate payment transactions on the X-Cash blockchain.

About X-Cash Foundation and its features
The open-source, community-driven protocol aims to decentralize anonymous governance and provide privacy where necessary. Developed on the famous Monero, the project aims to introduce advanced features into the private crypto space.

Functions
The project aims to provide a reliable toolkit to manage Web3.0 privacy with its three technology features as follows:

  1. Public or private transactions

X-Cash offers privacy flexibility (privacy if needed). Users can use the wallet on the blockchain to conduct public and private transactions as they see fit, ensuring anonymity and transparency where necessary. These transactions also provide Privacy Swap and cryptographically sign private and public transactions.

  1. Delegated Private Proof of Stake (dPoS)

It involves staking options where users can vote via XCash staking and be rewarded. They also provide features such as random selection of block producers, where the spoofed delegate is randomly selected using verifiable random functions (VRFs), which ultimately delegate security.

  1. side chains

The project’s innovation is evident in its ability to integrate user blockchains, and since delegates host these blockchains, they are customizable, secure, and cost-effective. In addition, these side chains do not require any hardware. They have an automated implementation that eliminates extensive coding requirements and are highly customizable. Finally, they are also scalable and cost effective.

The strengths of the X-Cash project
This unique open source project was created by the non-profit organization X-Cash Foundation that manages X-Cash. It has the following strengths:

  • It is an open source project built by dedicated contributors, and every X-Cash project is open to public contributions via GitHub.

  • The X-Cash Foundation evaluates and evaluates project ideas proposed by the X-Cash community to provide funding.

  • The X-Cash project is fully funded by the founding team with no ICO.

Allocation of XCash Coins
The X-Cash project is based on transparency and therefore the allocation is verified every time with reserve receipts. Although it is a private cryptocurrency, users can track project spending publicly.

XCASH Coins are the essential native currency for side chain building, smart contracts and governance. Coins are essential to take advantage of the various services and products offered by the X-Cash blockchain. X-Cash is currently listed on several exchanges. Users can exchange X-Cash Coins for BTC, LTC, ETH, USDT, etc.

Of the total X-Cash coin supply, 60% will go to mint, 14.2% to airdrop, 10% to XCash development, 5% to private investor funds and team rewards each, and 5.8% to the contributor fund.

roadmap
The open-source blockchain protocol, X-Cash Project, follows a technological vision to initially develop core components. The company is constantly trying to add and revise technical solutions based on community requirements and develop core components of the Web 3.0 framework.

The project introduced features such as Delegated Proof-Of-Private-Stake, Flexprivacy and wXCASH or a wrapped XCASH ERC20 bridge for X-Cash. The developers are currently working on introducing Sidechain Payments for fast payment transactions on the X-Cash blockchain. The project will also introduce NFTs, side chains and smart contracts in the next steps.

Visit their website for more information about X-Cash:
Website: https://www.xcash.foundation/

Join the X-Cash Community at:
Discord: https://discord.com/invite/4CAahnd
Twitter: https://twitter.com/XCashCrypto
Telegram: https://t.me/xcashglobal
GitHub: https://www.xcash.foundation/contribute#github-repo

CONTACT: [email protected]

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