XX xx network

xx network is a secure and efficient decentralized ecosystem of the future. The network combines the xx consensus protocol with the privacy-protecting xx cMix technology to power a full suite of cutting-edge tech. The result is the first efficient online platform that allows you to quickly and securely communicate and exchange digital currencies on your smartphone without risking the safety of your metadata.

Invented by cryptographer David Chaum, the godfather of digital currency and privacy, the xx network’s cMix communications layer provides complete metadata protection to all network communications.

The xx network utilizes nominated Proof-of-Stake (nPoS) to incentivize all coin holders to elect consensus and communication nodes and participate in governance.

The xx coin is used for:

• Small fees for processing transactions
• Voting for validator and mix nodes on the network via staking
• Used to vote for governance referendums and treasury spending