ExclusiveCoin

ExclusiveCoin

A privacy cryptocurrency using masternodes.

All edits

Edits on 16 May, 2020
Daniel Frumkin"added link to whitepaper"
Daniel Frumkin edited on 16 May, 2020
Edits made to:
Infobox (+1 properties)
Infobox
Edits on 15 May, 2020
Daniel Frumkin"added information on ExclusiveCoin Whitepaper, further reading"
Daniel Frumkin edited on 15 May, 2020
Edits made to:
Article (+1653 characters)
Further reading (+2 rows) (+6 cells) (+344 characters)
Article

...

ExclusiveCoin Whitepaper

ExclusiveCoin's (EXCL) Whitepaper claims that the coin is a privacy focused decentralized open source cryptocurrency, and was launched in 2014. Its most recent version is based on Bitcoin core 0.10.x code base and has modifications of Dash Core 0.12.x and Blackcoin PoS 2.0 protocol.

EXCL uses a network of masternodes for a visible decentralized payment system with transaction privacy. The goal of EXCL is to find solutions to block confirmations in Bitcoin, Proof-of-Work consensus system in DASH while leaving decentralized ledger and masternode technologies. EXCL claims 60 second block times and Proof of Stake as block verification consensus protocol.

The coin uses Proof of Stake 2.0 which requires nodes running a wallet software to prove a blockchain holds coins in order to verify a block of transactions. Participating nodes receive an amount of blocks proportional to their stake per set period as a form of reward.

The masternode network includes nodes running the same wallet software on the same blockchain to provide services to the network including coin mixing for increased privacy of transactions, instant transactions, and syncing with the network. It also has a reward program where masternodes are full nodes that must provide a level of service to the network and have a bond of collateral in order to participate. This allows masternode operators to provide a service to the network, earn payment for their services and reduce the volatility of the currency.

Masternode operators must demonstrate control over 5000 EXCL. Like miners, masternodes are paid from the block reward, 45% dedicated to the program.

Further reading

Title
Author
Link
Type
Date

ExclusiveCoin Whitepaper

Web

May 2, 2018

Edits on 23 Feb, 2020
Golden AI"Adding location topic from lookup Stockholm, Sweden"
Golden AI edited on 23 Feb, 2020
Edits made to:
Infobox (+1 properties)
Infobox
Location
Stockholm County
Edits on 23 Apr, 2019
Dawson Sewell
Dawson Sewell edited on 23 Apr, 2019
Edits made to:
Infobox (+15 properties)
Description (+44 characters)
Article (+1 videos) (+31 characters)
Documentaries, videos and podcasts (+1 rows) (+3 cells) (+106 characters)
Categories (+1 topics)
Topic thumbnail

ExclusiveCoin

A privacy cryptocurrency using masternodes.

Article

Documentaries, videos and podcasts

Title
Date
Link

ExclusiveCoin - Join Exclusive Coin Movement!

September 19, 2014

Infobox
Industry
Cryptocurrency
Ticker symbol
EXCL
Consensus mechanism
Proof-of-stake
Ledger genesis
July 11, 2016
Total supply
5,494,811
Circulating supply
5,494,811
Location
Stockholm
Categories
Edits on 30 Jan, 2019
Golden AI
Golden AI edited on 30 Jan, 2019
Edits made to:
Infobox (+1 properties)
Infobox
Is a
Cryptocurrency
Edits on 17 Aug, 2018
Golden AI"Update infobox attributes"
Golden AI edited on 17 Aug, 2018
Edits made to:
Infobox (+1 properties)
Infobox
Edits on 16 Aug, 2018
Golden AI"Update infobox attributes"
Golden AI edited on 16 Aug, 2018
Edits made to:
Infobox (+8 properties)
Infobox
Edits on 12 Nov, 2017
Michael Naval
Michael Naval edited on 12 Nov, 2017
Edits made to:
Topic thumbnail

ExclusiveCoin

A privacy cryptocurrency using masternodes.

Michael Naval"Initial topic creation"
Michael Naval created this topic on 12 Nov, 2017
Edits made to:
Topic thumbnail

 ExclusiveCoin

A privacy cryptocurrency using masternodes.

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.