Xx network XX Price 0.28775193

What is the xx network?

The xx network's cMix communications layer was invented by David Chaum, the founder of digital currency and privacy.

The xx network uses Proof-of-Stake (nPoS) to reward coin holders for participating in governance. There are small fees for processing transactions. Voting for validator on the network. I used to vote for governance referendums.

The xx network is trying to solve a problem.
The goal of cryptocurrencies is to decentralize ownership and power so that users have control.
The introduction of the high-speed, global internet has enabled email, social media, and mobile applications to transform the way we communicate and exchange value.
The xx network is implementing a payment and messaging platform that hides the true nature of the platform. There is no way for a third party to see information about the sender or recipient of communications or payments with xx network technology.

How many coins are in circulation?
The mainnet of the xx network was launched with 1 billion xx coins. The xx network is deflationary for the first few years, with a small percentage of coins automatically burned in the on-chain treasury.
Less than 5% of the original coins were in circulation. The coins allocated to the xx network developers vest over 3 years.

Who are the founding members of the xx network?
The xx network team is proud to be global, with collaborative and remote offices around the world.
David Chaum leads the development effort at xx labs and has spearheaded the development of its privacy-centered tech.
David Chaum is a world- renowned privacy advocate. In 1979 Chaum proposed a solution for protecting the data. The first known proposal of a blockchain protocol was made in 1982. eCash, the first digital currency, was developed by Chaum and he made many contributions to secure voting technology. Chaum leads the xx network, which combines his decades of research and contributions in the field of cryptography and privacy to deliver state-of-the-art blockchain solutions.