Xcoin

in #xcoin7 years ago

Xcoin is the future of cryptocurrency. Let me tell you why. Its design by default is simple unhackable and scalable. Privacy is incorporated aswell as security should your crypto ever be stolen, it wont be able to be spent as you will be able to report each individual coin stolen. No, people wont be able to falsely report your coins stolen , only there own. Transactions persecond are limited to each individual nodes computing power. My consensus mechanism is simple, as Xcoin will be a blockchain of coins. If there are 2 its worthless, Order of transactions are sorted by a process im calling super sorting . There are some other mechanisms I wont mention for preservation of my ideas but all I can say is planning was the easiest. Implementing these ideas will face challenges however my design will eliminate all of cryptocurrencies challenges for example super sorting wont help all that much to speed up dapps because that depends on the nodes computing power. What my design does do is rid the blockchain the difficult task of ordering transcations. Plus to make things better one can remove there coins from the blockchain and send them over whatsapp if they desire. Xcoins main design feature is being able to be be loaded onto physical representations of tender. This makes the process of paying easier and gives the user more flexibility with there spending.

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