ASAP Roc
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- Sythe Gold
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ColossusCoinXT
Colossuscoin announced the planned release of ColossusCoinXT on August 24, 2017.
Launch date: Sunday, September 24nd, 2017, 20:00 [UTC]
ColossusCoinXT (COLX) is based on the popular PIVX Source Code with a fixed PoS block reward
The Total Circulating Money Supply will get halved to 12.0 Billion COLX Coins.
The PIVX Features are very innovative (for instance: improved Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions, Private Instant Verified Transactions /full-time private transactions, Obfuscation Mixing Mechanism, innovative variable seesaw reward mechanism, Coin Control)
PoS Rewards Breakdown
PoS Block Reward:
Blocks 10,125 - 151,200: 2500 COLX
Blocks 151,201 - 302,399: 1250 COLX
Blocks 302,400 - Infinite: 1000 COLX
Proof of Stake Schedule: 5% to proposals for all phases
95% distributed to stake wallet and master node
Stake min age is 7 days soon to be 8 hrs after tech upgrade in early Q1
Proof of Work Schedule
Algo: PoW Algorithm: Quark
Proof of Work/Proof of Stake Hybrid transitioning into Proof of Stake only
Block 1 12 Billions COLX pre-mined for the Swap-over*
*: 40,000,000 COLX of the Premine which were used for run initial Masternodes have been destroyed and
never to be retrieved to COLX Burn Address: DCoLossusCoinXTBurnAddressxxzzRhgy (do not send coins to this address!)
Blocks 2 - 10,124: PoW 2500 Coins per Block for 10,124 Blocks
Block Time: 60 seconds with re-targeting after every block / Stake min age is 7 days
10 COLX Coin Fee on transactions is also part of the Block reward on top of the 2500 Coins per Block
Minted Confirmations: 90
Transactions Confirmations: 6
Masternodes 10,000,000 COLX per Masternode
(Multiple masternodes per wallet, requires a VPS)
Ticker: COLX
Mining pools:
There is no Proof-of-Work - COLX is full PoS now. PoW mining is not possible anymore.
WIN (32bit|64bit): / MacOS: / Linux (32bit|64bit): / Paper Wallet
Development Milestone September 2017-Early 2018
September 2017:
+1. September 2017_ Pre-Announcement on Bitcoin talk opens
+Launch of ColossusCoinXT on Release Date 15. September 2017
+ColossusCoinXt Source and Wallets Release on Github
+COLX Wallets for Windows, Mac and Linux
+Get added to Mining Pools
+Add more COLX Full-Nodes to the Network
Mid September 2017:
-Beginning of the Coin-Swap to the new COLX-Blockchain
-The swap will be ongoing until 28th of December and the Coins at the burning adress will be burned in early January 2018. Active exchange rate will be 2:1(CV2 to COLX)
-Get added to Presstab pw Blockexplorer
-Listed on more COLX dedicated Blockchain Explorers with API for integration with third-party services
-Exchanges listing campaign about to start / Voting and Requests
-Get listed on multiple Exchanging Platforms (Coinsmarkets/Novaexchange/Trade Satoshi)
-Get listed at coinmarketcap
-COLX Faucets (Give-Aways)
-Update of the official website and forums
Early Q4 2017
-Masternode Guide
End of December 2017: Swap ends
-Old ColossusCoin 2.0 (CV2) will be closed after Swap stops development. Novaexchange will burn the swapped CV2.
Early 2018 Q1:
-Technical Whitepaper
-List on bigger Exchanges
-Zerocoin Protocol Q1 2018
--Android Lite Mobile Wallet
--Community Wiki and FAQ Creation
Released Wallets: Windows-Version, Linux-Version, Mac-Version
Planned Wallets: Paper-Wallet, Android-Wallet, iOS-Wallet
Masternodes:
Masternodes are the backbone of COLX Technology. Masternodes present a great opportunity of passive income as well as helping to stabilize the network.
+Consensus Algo: Proof of stake (pos 3.0)
+Hashing Algo: Quark
+Block-Time: 120 seconds
+Current Supply: 4 Billion COLX
+Max Supply: 12 Billion COLX
Features:
+Instant Send allows to confirm the payment in seconds with low Fees.
+Privat Send allows you to send a payment anonymously. Read more about this Feature:CoinJoin - Wikipedia
+Decentral Goverment (Masternode Vote)
-Snapshotting for quick syncing of nodes
Masternotes Awards:
Requirement to setup a masternode: 10 million COLX (cost late dec. 2017: 2400 USD).
Masternode Gains late dec 2017 (Payout in COLX-COINS):
-ROI: 87%
Per hour: 1090 COLX = 0.26 USD
Per day: 24216 COLX = 6.20 USD
Per week: 169512 COLX = 43,37 USD
Per month: 726480 COLX = 200 USD
Per Year: 8,7 million COLX = 2400 USD
So as you see, right now you would get your investment back in one Year. If the coin increases, it will be even more!
Current Price as i'm making this post: .008645
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