BitcoinXS

BitcoinXS

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Further strengthening OF the POW consensus is the main priority of the crypto community’s actions to maintain the decentralization of the ecosystem, and an integral part of it is the development and maintenance of mining as an alternative business. Achieving these goals is carried out by creating forks of coins on popular algorithms and ensuring their viability in the market for the use of different types of equipment, including those that are already obsolete for the production of popular coins at the moment. Thus, the creation of forks creates a favorable investment climate for different types of investors, thereby creating guarantees for even small investments and has a positive impact on the ecosystem as a whole.
To be announced
Company Details
Registered Country
Israel
Additional Details
Categories
Platform

About BitcoinXS

Every XS coin use peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of XS coins are carried out collectively by the network. XS coins are open-source; its design is public, nobody owns or controls it and everyone can take part. Through many of its unique properties, XS coins allow exciting uses that could not be covered by any previous payment system. XS coins are forks of popular coins, first of all Bitcoin and Litecoin created to maintain mining as a decentralized business.

The main means of payment within the services are the currencies of the XS coins group. The total size of the offer of each of the coins of the group is 100,000,000 units. The next stage after the creation of each of the group’s coins is to hold an ICO in the amount of 30% of the total offer of coins, 75% of the raised funds form the Reserve Security Fund (RCF), 14% are related to the costs of ensuring the costs of developing the project infrastructure. Each coin’s premine accounts for 10% of the offer of each coin and forms the reserve fund XS oins (XSRF), which is further involved in the formation of additional reserves for providing coins. At the fourth stage of the ICO of each coin of the group, the fund provides data on the source code of the coins and all the accompanying information for the subsequent listing of the coins to the main crypto exchanges. After the initial placement of tokens, within 1 month the development team provides the official mining pool for public access, in the future ensuring the performance and reliability of the pool is a priority. Official pool commissions also form a reserve fund of XS coins. Each currency investor in the group, a miner, a trader, that is, the holder of coins of the XS coins group is a partner of the fund and is part of the biliSEF fund community and has the right to vote when voting on the fund’s service platforms.

Features

Provision of currencies with basic cryptocurrencies

The XS coins group currencies are secured by the Bitcoin Reserve Fund. The security is formed at the stage of initial placement of 30% of each of the coins, 75% of which is the Reserve Fund. Also, the reserves are replenished by the implementation of 10% of each of the coins obtained with premine.

Serve as a tool to stabilize profits and minimize losses

Coins act as a tool to minimize losses in case of unpredictable volatility of exchange rates on crypto exchanges. This function is implemented by reinvesting.

A wide range of applications XS coins crypto community

XS coins are the main means of payment within the biliSEF fund services, both for startups, ICO applicants, and community members in the framework of the provision of paid services and voting. Also, XS coins are a means of payment on the websites of partners of the fund.

Provide security to third-party ICO leased currency

XS coins are the main means of payment for ICOs on the fund platform, thus providing guarantees to investors and the circulation cycle within the framework of the ecosystem being created.

BitcoinXS Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Mihael Raver
Founder
unverified

BitcoinXS Last News

  • Due to potential time differences in information updates, please verify the accuracy of each ICO project through its official website or other official communication channels.
  • This information is not intended as a recommendation or suggestion for ICO investment. Please conduct thorough research on the relevant information and make your own informed decision regarding ICO participation.
  • If you identify any issues or errors in this content, or if you wish to submit your own ICO project for listing, please contact us via email at info@icoholder.com.
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