# XCASH coin

**Published by:** [picoin](https://paragraph.com/@lailina/)
**Published on:** 2022-01-17
**URL:** https://paragraph.com/@lailina/xcash-coin

## Content

Xcash - Introduction details X-cash is a cryptocurrency based on blockchain technology. The x-cash platform aims to become a global intermediary for all types of payments and reduce transaction costs by 99%. Xcash is based on the core code of monero V8, cryptonote POW algorithm and cryptonight hash function. The reason for choosing monero, a blockchain source code that has been used and verified for a long time, is not only that the code can be continuously improved and updated, but also has the characteristics of high privacy and low transfer consumption, which makes the x-cash project have great potential to destroy the existing payment solutions, and it provides a new way for enterprises to complete transactions. Project introduction Xcash is headquartered in Paris, France. Guilhem Chaumont, chief executive officer, has many years of banking transaction experience, is familiar with the payment transaction industry and has his own cryptocurrency mining company. Zach Hildreth, chief technology officer, has more than 20 years of programming experience. He has invested in the blockchain technology industry since 2013, engaged in mining technology research and development, and once served as the chief writer of well-known mining websites. Paul bugnot, chief operating officer, has many years of marketing experience and is also a lawyer. Phase I Based on the core code of monero V8, POW mainly increases the free switching of private transactions, public transactions and other modes, which is also conducive to meeting the government's regulatory requirements and appropriate privacy requirements. Using the original cryptonight heavyx POW algorithm can effectively combat ASIC mining machines and make CPU and GPU mining more fair. Phase II It will run on the basis of pow running for more than one year, and will switch to the dpops + dbft consensus on the main network after the public test. Running on the basis of pow running for more than one year can ensure that the ticket loading process of dpops is more fair and decentralized. Based on the new dpops + dbft consensus, the throughput of the system will be greatly improved, It makes it possible to apply it to offline payment and become a medium for rapid exchange between different currencies. Project highlights Professional technology The foreign community is huge, with tens of thousands of people, active developers, strong personal ability of core developers, solid technical skills, strict self requirements and extremely standardized coding. Original mechanism Using the original dpops + dbft mechanism, the feasibility and performance of dbft mechanism have also been verified in NEO (small ant), and can effectively prevent the generation of bifurcation. Safe and reliable The code progress is updated in time to ensure the transparency, security and supervision of the project. Multimodal transfer Multiple transfer modes are provided. The transaction process can select the appropriate anonymous transfer level according to different application scenarios, and protect all address information. Community supervision After more than a year of pow stage precipitation and the continuous growth of the community, the degree of decentralization of the project is relatively good. At the same time, the team's information and route are relatively transparent and supervised by community members. The team's major decisions will also solicit community opinions by voting. Xcash ecosystem An ecosystem based on xcash technology, x-cash, x-bank, x-payment and x-blockchain, has been built. Based on the dpops + dbft consensus in the second stage, effective payment services for conversion between different currencies similar to Ruibo currency will be built to meet different transaction needs, It includes the development interface provided to merchants to realize the demand for timely offline payment through xcash media for mainstream currencies such as BTC. Robust payment network It obtains financial support in a completely self raised way, does not choose to raise funds through high-risk ICO, and has stronger mobility to create a stable payment network based on xcash. Related links: https://xcash.zone/uc/register?pm=WAVGWKMB3

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