Xolentum is a decentralized, peer-to-peer and open source digital currency.
It’s fast, secure and completely private.
But why Xolentum … ? Most of the existing cryptocurrencies, like Bitcoin and Ethereum, have transparent blockchains. This means that user’s activity and transactions are traceable by anyone. With Xolentum that’s not the case. Xolentum transactions are untraceable, since the sending and receiving addresses as well as transacted amounts remain private.
Xolentum doesn’t have a premine, we do not believe in reserving funds for ourselves. Everything is fair and equal for all.
Xolentum uses Monero’s industry leading technology and we plan to follow them closely to stay ahead of the curve. Hence, Xolentum uses RandomX hashing algorithm, which means that it is ASIC resistant, and mineable only by CPU and GPU. Our main objective behind this, is that the person mining even on the minimal hardware should not go unrewarded.
*POW=Proof of Work | POS=Proof of Stake | MN=Masternode