The DPOPS ( Delegated-Proof-of-Private Stake) is a brand new and unique protocol that focuses on privacy. The protocol offers a range of privacy features that include,
● **Privacy Flexibility**: One single wallet on a single blockchain can be used to perform public and private transactions at the discretion of the users. This enables anonymity to be used when privacy is needed, while allowing for transparent transactions when required.
● **Privacy Swap**: Always putting the user experience first, X-Cash is the first blockchain to offer this feature with such a high level of ease from the user perspective.
● **Secured & Unfalsifiable**: Private and public transactions are cryptographically signed in large fixed ring-sized transactions.
The X-Cash Public Network is governed by 50 delegates through a custom Delegated Proof of Stake consensus designed on top of the Monero technology, the Delegated Proof of Private Stake (DPOPS).
■ **Secured by the top 50 elected delegates**: Anyone can run an X-Cash node and become a delegate. But to be able to forge new blocks, secure the network, and earn the block reward, you will need to be voted into the top 50 by other members of the community.
■ **Staking & Voting**: The delegates are elected by the community. Each person can attribute a stake of a minimum of 2M XCASH to a delegate to represent a weighted vote. Additionally, the voters' stake never leaves their wallet thanks to the use of cryptographic reserve proofs; you stay in control of your XCASH at all times.
■ **Improved security**: Using a DBFT communication system to guarantee a 67% consensus, and a verifiable randomized selection of a block producer to avoid delegates targeted attacks, everything has been implemented to improve the security of the network.
X-Cash has since the beginning of the project brought new innovation to the privacy coin space (notably FlexPrivacy, public & private transactions on the same blockchain, from the same wallet).
How to Buy XCASH on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing XCASH. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing XCASH.
Step 5: Purchase XCASH
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of XCASH you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy XCASH.
Step 6: Store Your XCASH
After purchasing, you can choose to store your XCASH in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and XCASH assets, be sure to use a strong password and enable two-factor authentication.
XCASH Price:The DPOPS ( Delegated-Proof-of-Private Stake) is a brand new and unique protocol that focuses on privacy. The price fluctuates daily, and as of first half of 2024, the highest price for XCASH was $21.73.
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