Haven Protocol XHV Price 0.08674696

What is the Haven Protocol?
Haven Protocol is similar to an offshore bank where users can create private token that represent stable and volatile assets.
Most of the features of Monero extend to the Haven protocol.
Users can use the network to get untraceable digital assets with standard market pricing and real asset-pegged value storage.

Who are the people who started Haven Protocol?
Two developers tried to create a private stable coin using the protocol. Any user can own a private token that can be converted into any desired currency without interference from a third party.
A new team from the Haven community took over after the failed attempt by the original developers.

The xUSD stablecoin was launched by the new team on July 20, 2020.

Haven Protocol is unique.
The first proposed design of Haven Protocol was thought to be infeasible due to the complex mathematics and privacy of the codebase. Similar to Monero, the platform uses proof-of-fungibility.
Completely secure and private synthetic currencies and assets are the unique feature of the platform. The circulating supply of the underlying assets can be altered by themint and burn strategy.

There are pages related to this.
You can learn more about Monero.
You can learn more about Dash.
There is proof-of-work on CMC Alexandria.
You can learn about the latest news and announcements on the blog.

How many Haven Protocol coins are in circulation?
When it first launched, there was no pre-mine or seed funding. There is a maximum supply of 18,400,000.
Haven protocol mines a new block every two minutes. 2 XHV are mined for each block. The reward will be halved in May 2021. Haven will end up in a tail emission later in the decade.
A 5% governance fee is taken from XHV mining rewards to compensate the Haven Protocol developers.

The Haven Protocol Network is secured.
Monero uses a proof-of-work consensus mechanism. Users don't need specialized mining devices to mine new coins because of the mining algorithm. A regular computer is enough for mining.

Where can you buy Haven Protocol?
You can buy XHV on the exchanges.


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It can be used as a proof-of-work reward.
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