Xtella Xtella is a decentralized and open-source cryptocurrency that offers privacy and selective transparency of transactions. Xtella payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
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SwiftX
SwiftX is a service that allows for near-instant transactions. Through this system, inputs can be locked to only specific transactions and verified by consensus of the Masternode network. Conflicting transactions and blocks are rejected. If a consensus cannot be reached, validation of the transaction occurs through standard block confirmation. SwiftX solves the double-spending problem without the need for longer confirmation times of other cryptocurriencies such as Bitcoin.
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SeeSaw Plus Reward Mechanism
The SeeSaw mechanism assures a healthy balance of stakers and Masternodes on the network by incentivising one or the other more based on the current network need. If there are not enough stakers a higher percentage of the block reward will be given to them than Masternodes, and vice versa until the appropriate balance is once again achieved.
Proof of Work
Xtella use the Quark algorithm to Validate Blocks. Proof of Work would be available 15 Days, after that time, Proof of stake will start.
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Masternode Network
Masternodes are responsible for facilitating the Obfuscation and SwiftX features. They are full nodes that run 24/7 and require collateral of 10,000 XTLA to be locked. In exchange for providing this service, and locking up the coins, effectively reducing supply, the Masternode owner is rewarded a portion of the block rewards. The percent of the block rewards earned is variable, and based on the SeeSaw reward mechanism.
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Coin Specs
Ticker Symbol XTLA
Algorithm QUARK
Type Proof of Stake/Masternodes
Block Time 180 Seconds (3 mins)
Difficulty Retargeting Every Block
Max Coin Supply (PoS) 50,000,000 XTLA
Premine/Initial Supply 1% XTLA
Xtella Created Per block 10 XTLA
Proof of Work: Block 1-4036 (2 Weeks)
Proof of stake: 4037- Infinite
Reward Method Teeter Totter Based Targeting System
Masternode Collateral 10,000 XTLA
March Goals:
1.- Sucessfull release of Xtella
2.- Pre-sale Starts
3.- Get funds to pay for Crex24/tradesatoshi
4.- Release new website
5.- Android/IOS wallet
April
6.- Masternode integration to Mobile wallets
7.- Graphical update to wallets
8.- Coinmarket cap listing
8.- Add Xtella to his first store.
May
9.- Add Trading throught Wallet
10.- FIAT/XTELLA
11.- Increase size of the project team
Pre-sale Details
Total Max Supply is 50,000,000 Xtella, pre-mined 1%. Will be available 30 Masternodes for sale, and you can get coins as required, for example you can get 1000 Xtella if you don’t want to setup a mn.
Sale Structure
1.Join to our discord cannel and send pm to XtellaDev in order to get your coins. Ask for updated amount adjusted to your cryptocurrency of your preference before send the coins to our wallet.
2. We have to wait for 3 confirmations in case for btc, tracked by the txid that you’ll provide us
3. Send your Xtella wallet
4. Receive your coins to your wallet
ACCEPTED CRYPTOCURRENCIES
BTC, ETH, LTC
XTLA price:
1 XTLA = 0.015 usdTotal cost of Masternode: 150 usdTotal Cost of masternode in BTC: 0.040 btc
Website: http://Xtellacoin.com - Under Construction
Discord: https://discord.gg/VxeFMcZGithub: https://github.com/ To be released.
Open BountysBlock Explorer 2000 Xtella ( available: 3 claimed: 0 )
Pools 4000 Xtella (Available: 3 claimed: 0 )
Mpos Pools 2000 Xtella (Available: 3 claimed: 0 )
Faucet 1000 Xtella (available: 3 Claimed: 0)
MarketingPost announcement in Cryptocointalk: 1000 Xtella
Post in other altcoin forums: 1000 Xtella
Translations: 1000 Xtella
Topic: [PRE-ANN]⭐ XTELLA - ⭐ PRE-SALE ⭐ Masternode- PoW/PoS-Quark algo!!!⭐ (Read 337 times)