Counos X (CCXX)

Launched on 1 June 2019 by a team based in Switzerland, Counos X was designed to facilitate payments and clearing purchase invoices, especially for easy exchange with fiat money. While its price is determined in the market, attempts will be made to prevent its value from fluctuating too much.

Features that Counos Platform will add to Counos X:

• Counos Omni Layer (Issue Token)
• Certification System
• Election System
• Copyright System
• Decentralized Finance (DeFi)

General and Technical Information

CCXX is the first coin that is bankable and implements the proof of work algorithm.

The number of coins to be offered in this network has not been limited, but in the first stage about 18,300,000 coins have been mined.

Among other advantages of the CCXX is that if you hold Counos X in the staking wallet longer than a year, you will receive a 5% staking. If you keep Counos X longer than 6 months, your coins will increase by 2%.

Mining Information

The specifics of exactly how Counos X mining takes place is as follows; as mentioned above, the main algorithm used is proof of work, however, because of some extra requirements for miners, it would be more accurate to say that the used algorithm is a mixture of proof of work and proof of stake.

The reason is that to mine Counos X using the official Counos mining pools, the following conditions must be met:

• The miner must have an account in Counos Platform and get full KYC level 1 and 2
• The miner must own at least 10,000 Counos X
• If the conditions are met, then it will be possible to receive 0.0035 CCXX for each block created.

If the above mentioned conditions are NOT met, mining will yield NO REWARD. In this way, mining reward will not be calculated for blocks, and only the transaction fee in proportion to the miner’s share of power will be considered as reward.

Also these are the conditions for creating an independent mining pool in Counos X network:

• The miner must have an account in Counos Platform and get full KYC level 1 and 2
• The miner must own at least 500,000 Counos X
• Given the structure of the network, it is NOT possible for unknown mining pools to mine new blocks.

About Counos Platform

Counos Platform, estaglished in 2018, is based in Switzerland and offers many services in the domain of the Blockchain technology and the cryptocurrencies.

The main aim of this company is to establish an economic community based upon the Blockchain technology so that its members cloud further their aims with the help of this technology and through this community like the citizens of a country.

An open-source and decentralized global network, Counos suggests various financial and payment services through Blockchain technology in an all-in-one platform.

Via combining both proof-of-work and Timestamp server technologies, it will offer the users the ultimate security in online payment.

In addition to the cryptocurrencies and stablecoins, this Blockchain platform also offers variety of other services.

Road Map: https://www.counos.io/counos-x-roadmap

Counos Services

Counos Platform is an online peer-to-peer platform with a wide variety of financial services which meets sophisticated online financial demands of Counos users. The platform supplies some of the most innovative cryptocurrencies across the world.

Alongside high technical and security standards of the supplied cryptocurrencies, the platform offers a significant added value to the users by maintaining a sophisticated price stability policy, hence providing a competitive alternative to fiat currencies.

An open-source and decentralized global network, Counos suggests various financial and payment services through Blockchain technology in an all-in-one platform. Via combining both proof-of-work and Timestamp server technologies, it will offer the users the ultimate security in online payment.

Any country, society, and economic system has a process through which wealth and value is created.

There is also a process of value and wealth mobility in place, which is in fact carried out using money.

Since money acts as an intermediate to exchange value. For instance, if a country produces jewelry,

oil, watches, cars, or any other goods and services, it is in fact a value that is being created. When

the common currency or money of that country is used to transfer the wealth and value, the country

gets powerful and rich. This is the fundamental idea behind Counos. The idea is to create an economic

society or club in which people can engage in creating businesses and creating value based on the

capabilities and facilities provided for them. These people can connect to each other from anywhere

in the world and thus a financial system is created in this way. Then, through the interactions that

the members of this society or club have with each other, and with the help of the capabilities that

is provided to them and the value that they create themselves, money and finances begin circulating

in this system.

So the aim is to provide the necessary capital, tools, and anything that a society needs to prosper

and create more value. The currencies used to transfer this value represent this economic system.

On the other hand, the entire economic system that is created will act as the backbone of the

currency, making it more precious and powerful.

As a result of this, interactions among people in different countries will become easier and transfer

of wealth will take place on a much larger scale. Our aim is to create this economic system that is

based upon a community or society .

The members of this community will be given tools and opportunities required to further their aims

and care more wealth and value. All of this financial community is based upon a solid bedrock and

capital that allows it to produce more wealth and transfer it to other societies and communities using

its currencies.

The decentralized exchange of Counos OÜ is a peer to peer and community based decentralized exchange to empower users to do cryptocurrency trades in a secure and free environment. By using our DEX services each trader may exchange their digital assets (cryptocurrencies) by other community members’ assets, even by fiat money. An open-source and decentralized global network, Counos is an online peer-to-peer platform suggests various financial and payment services through Blockchain technology in an all-in-one platform. Via combining both proof-of-work and Timestamp server technologies, it will offer the users the ultimate security in online payment.

The Counos network has no malice, just like nobody owns the air. In Counos, users across the globe connect to the network and control it together. Counos developers, although improving it, the change in Counos's original protocol is not possible.