ColossusXT (colx) coin

Extremely resource friendly cryptocurrency, Lightning fast, Completely Anonymous.

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ColossusXT is an open source, community driven, environmentally conscious cryptocurrency and an alternative to bitcoin that features better anonymity. It allows people to store and invest their wealth in a non-government controlled currency and make almost instantaneous and completely anonymous transfers with close to zero fees. Colossuscoin V1 was founded as an long-standing, energy-efficient and environmentally friendly digital cryptocurrency and this concept is being continued.

ColossusXT is an open source, community driven, environmentally conscious cryptocurrency and an alternative to bitcoin that features better anonymity. It allows people to store and invest their wealth in a non-government controlled currency and make almost instantaneous and completely anonymous transfers with close to zero fees. Colossuscoin was founded as an long-standing, energy-efficient and environmentally friendly digital cryptocurrency and this concept is being continued.

STATS

LATEST

31. March 2018 in News

COLX Crowdfunding Campaign

ColossusXT has secured an opportunity to raise awareness to new investors…
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29. March 2018 in News

ColossusXT official COLX Web Wallet released

ColossusXT is proud to present the official COLX Web Wallet…
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26. March 2018 in News

ColossusXT – Official Video Introduction released

ColossusXT - Official Video Introduction: https://www.youtube.com/watch?v=-zUu3vQ6IhU The overarching goal of the…
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26. March 2018 in News

ColossusXT Whitepaper released 

ColossusXT Whitepaper released  This paper is a living document. It…
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25. March 2018 in News

Mandatory Update to COLX Core Version 1.0.3

Mandatory Update - Update NOW COLX Core version 1.0.3 is…
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23. March 2018 in News

Finally $COLX has been added to Cryptopia Exchange

Dear COLX community, It's been three long months, but we…
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Mandatory Update

COLX Core v1.0.3 is a mandatory update for all users.

Min stake age decreased to 8 hours since block 300'000 (approximately 30.04.2018) - it is grace period to update wallets. Since block 300'000 old wallets will get much less staking power.

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A privacy-centric, energy-efficient, decentralized, open-source, peer-to-peer (P2P) digital currency with instant and anonymous transactions.
A two tier network based on the popular Bitcoin core software, utilises Masternodes and Proof of Stake 3.0 protocol for securing its network which gives it unmatched stability and easy accessibility.

Exciting tech

Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions, Private Instant Verified Transactions (full-time private transactions), Obfuscation Mixing Mechanism

Energy and Cost Efficiency

Proof of Stake is a highly energy efficient method of securing a coin's blockchain. Mining does not require the intense computing power, only a small amount of CPU power.

Masternodes

Masternode technology is used fer securing the network with positive side effect of stabilizing the market price. Holders are rewarded with block rewards.

Extra Privacy

Full privacy is secured by technology making the transactions untraceable. Anonymous transactions are achieved by using Obfuscation Mixing Mechanism.

Instant transaction

Transfer your money instantly with SwiftTX, guaranteed zero confirmation transactions. This allows the network to function at optimal efficiency and guarantee steady transaction processing.

Secure transactions

Public-key cryptography, in which a pair of a public and a private cryptographic key is generated. The core network is maintained by coin holders and the PoS reduces the risk of 51% attacks.

COIN DETAILS

PoW Algorithm
Quark
Ticker
COLX
Block Time
60 seconds with re-targeting after every block
Total Supply
(from PoW phase, incl. pre-mine)
12,025,310,000 COLX
Port
51572
Minted Confirmations
90
Transactions Confirmations
6
Masternodes
10,000,000 COLX per Masternode  

(Multiple masternodes per wallet, requires a VPS)

Stake min age
7 days
Transaction Fee
10 COLX Coin Fee on transactions

PoW SCHEDULE

10% to proposals for all phases   
90% distributed to stake wallet and Masternodes        
Block 1
12 Billions COLX pre-mined

[reserved for a full swap over (reverse 1-for-2 coin split)] and pre-mine for 4 Masternodes (40,000,000 COLX of the Premine which were used for run initial Masternodes have been destroyed and never to be retrieved)

Blocks 2 – 10,124                                    
PoW 2500 Coins per Block for 10,123 Blocks
Blocks 10,125 – 151,200
2500 COLX
Blocks 151,201 – 302,399
1250 COLX
Blocks 302,400 – Infinite
1000 COLX

COIN DETAILS

PoW Algorithm
Quark
Ticker
COLX
Block Time
60 seconds with re-targeting after every block
Total Supply
(From PoW Phase,

Incl. Pre-Mine)
12,025,310,000 COLX
Port
51572
Minted Confirmations
90
Transactions Confirmations
6
Masternodes
10,000,000 COLX per Masternode(Multiple masternodes per wallet, requires a VPS)
Stake Min Age
7 days
Transaction Fee
10 COLX Coin Fee on transactions

PoW REWARDS SCHEDULE

5% To Proposals For All Phases   
95% Distributed To Stake Wallet And Masternodes        
Block 1
12 Billions COLX pre-mined[reserved for a full swap over (reverse 1-for-2 coin split)] and pre-mine for 4 Masternodes (40,000,000 COLX of the Premine which were used for run initial Masternodes have been destroyed and never to be retrieved)
Blocks 2 – 10,124                                    
PoW 2500 Coins per Block for 10,123 Blocks
Blocks 10,125 – 151,200
2500 COLX
Blocks 151,201 – 302,399
1250 COLX
Blocks 302,400 – Infinite
1000 COLX

EXCHANGES

COLX/BTC

Tradesatoshi Main Market
COLX/BCHCOLX/LTCCOLX/DOGE
Tradesatoshi other Markets

COLX/BTC

CryptoBridge BTC/COLX Market

COLX/LTC

CryptoBridge LTC/COLX Market
Cryptopia Exchange Colx Listing

COLX/BTC

Cryptopia Exchange BTC Market

COLX/LTC

Cryptopia Exchange LTC Market

COLX/BTC

Coinsmarkets.com Main Market

Note: Coinsmarkets Exchange has 9 digits, instead of the normal 8 digits (on NovaExchange etc.)

COLX/BTC

Masternodexchange.com Main Market

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