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12/4/2022, 6:16:04 PM

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X-CASH is on the decline this week.

The price of X-CASH has fallen by 10.59% in the past 7 days. The price increased by 10.22% in the last 24 hours. In just the past hour, the price grew by 0.10%. The current price is $0.000010 per XCASH. X-CASH is 100.00% below the all time high of $5.45.

The current circulating supply is 62,820,378,619 XCASH.


What Is X-Cash (XCASH)?

The X-Cash Foundation is an open-source, ICO-free (initial coin offering) blockchain project that aims to develop a privacy-centric cryptocurrency that brings innovations to the privacy coin space.

According to the whitepaper, the primary features of X-Cash are:

  • FlexPrivacy - Private and public transactions are on the same blockchain. Private and X-Cash's FlexPrivacy lets users decide whether they want the transaction to be public or not.

  • Delegated-Proof-of-Private-Stake (DPOPS) - X-Cash custom consensus is designed for privacy coins. The X-Cash consensus model moves away from the decentralized but unsustainable PoW consensus and proposes its own DPoS variant with the DBFT consensus. Delegated proof of stake (DPoS) is an evolution of the PoS concept whereby network users vote and choose delegates to validate the next block.

  • Sidechains- X-Cash makes it easy to create and host the blockchain while being able to profit from X-Cash's unique features.

    XCASH is the native cryptocurrency for governance, creation of sidechains, and smart contracts that power various products and services of the X-Cash blockchain.

Since X-CASH is based on CryptoNight (CN) technology and has a privacy coin at its core, it has also chosen to retain RingCT for public and private transactions. This allows people to send public transactions while still retaining RingCT's core functionality, the "mixing" of inputs, without compromising the privacy of private transactions.

Further, users can use the X-Cash Daemon (xcashd) to create nodes, synchronize blockchains, and relay transactions. The xcashd is completely decoupled from the user's wallet. It does not have access to private keys and therefore does not know the transactions and balances. This means that a user can run xcashd on a separate computer or cloud and access it remotely to retrieve/provide the data needed for wallet operations.

Users can connect to remote xcashd instances provided by semi-trusted third parties. Because all transactions are signed locally, such third parties cannot steal their funds. However, privacy and reliability are compromised when using remote, untrusted nodes. For any real business, users are advised to run their full nodes. The team set up multiple public remote nodes in different locations to provide better reliability and trust.

In practice, the X-Cash blockchain allows public transactions to be viewed on a blockchain browser instead of other coin addresses. When the user's public address is provided, any publicly sent and linked transactions to the public key can be viewed in the explorer.

History of X-Cash (XCASH)

Zach Hildreth is the CTO of the X-Cash platform.

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What is the current price of X-CASH?

The price of 1 X-CASH currently costs $0.000010.

What is the market cap of X-CASH?

The current market cap of X-CASH is $630.26K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of X-CASH?

The all-time high of X-CASH is $5.45. This all-time high is highest price paid for X-CASH since it was launched.

What is the 24 hour trading volume of X-CASH?

Over the last 24 hours, the trading volume of X-CASH is $1.19K.

What other assets are similar to X-CASH?

Assets that have a similar market cap to X-CASH include Opacity, Empty Set Dollar, Internxt, and many others. To see a full list, see our comparable market cap assets.

How many X-CASH are there?

The current circulating supply of X-CASH is 63 billion.