Exploring XeniosCoin (XNC), A Bridge Between Stability and Volatility

Exploring XeniosCoin (XNC), A Bridge Between Stability and Volatility
Exploring XeniosCoin (XNC), A Bridge Between Stability and Volatility

LUCKNOW (CoinChapter.com) — XeniosCoin (XNC) is a blockchain protocol designed to address the challenges the cryptocurrency world faces. This article delves into the world of XeniosCoin, exploring its features, innovative solutions, and the history behind its creation.

The Mythical Foundation

XeniosCoin was founded by Emmanouil Kafouros and Anastasios Oureilidis. With a total supply of 108,000,000 XNC tokens, the company’s green paper was first published in March 2021.

XeniosCoin draws its name and inspiration from Xenios Zeus, the hospitable father of the Greek pantheon. The platform aims to provide a welcoming environment for cryptocurrency holders. It accomplishes this through a unique incentive scheme and innovative reward structure.

Central to XeniosCoin’s success is the Xenios blockchain. Utilizing an X11-based algorithm and a unique sPoS (software proof-of-stake) consensus, this blockchain provides a scalable payment solution. A dual master node scheme ensures near-instant block verification, allowing for nearly fee-less transactions.

Xenios Coin Features

Semi-stablecoin with Unlimited Liquidity

Unlike volatile digital currencies, XeniosCoin takes a different approach. It positions itself as a semi-stable coin, ensuring a stable minimum price. This stability, in turn, provides unlimited liquidity to its fundraisers, making it an attractive option for those seeking reliability in the crypto world.

Frictionless Transactions

One of XeniosCoin’s standout features is its frictionless transaction system. Users enjoy near-zero transaction fees regardless of the number of blocks involved in a single transfer. This cost-effectiveness contributes to the platform’s appeal to both users and traders.

Efficient XNC Blockchain

At the core of XeniosCoin’s success is its in-house XNC Blockchain. This efficient blockchain can verify an impressive twenty thousand micro-transactions within a minute. Such scalability positions XeniosCoin as a robust payment solution in the cryptocurrency landscape.

Addressing Crypto Challenges

The cryptocurrency world faces numerous challenges, and XeniosCoin takes this head-on. Here’s how:

1. Price Volatility

XeniosCoin mitigates the uncertainty of cryptocurrency prices by offering stability, making it easier for traders to trust the ecosystem.

2. Scams

In an era rife with scam tokens, XeniosCoin prioritizes security and trustworthiness, providing a haven for coin owners.

3. Slow Transaction Speed

Through its efficient XNC Blockchain, XeniosCoin ensures rapid transaction processing, directly addressing scalability concerns.

4. Security Breaches

XeniosCoin employs cutting-edge security measures to protect users from hacks and security breaches.

5. Environmentally Friendly

Unlike cryptocurrencies that rely on environmentally damaging mining technologies, XeniosCoin is eco-conscious and doesn’t harm the environment.

Token Distribution

XeniosCoin’s token distribution is structured as follows:

  • Circulating Supply: 76,473,246 XNC tokens
  • Team Allocation Reserve: 12,000,000 XNC tokens
  • Mining: Less than 2,500,000 XNC tokens
  • Masternode Block Rewards: 17,000,000 XNC tokens

Frequently Asked Questions (FAQs)

1. What’s XeniosCoin’s trading volume in the last 24 hours?

XNC has a trading volume of $1,003 in the last 24 hours.

2. What’s XeniosCoin’s highest price ever?

XNC reached its highest price of $4.11 on Aug. 23, 2021.

3. What’s XeniosCoin’s lowest price ever?

 XNC reached its lowest price of $0.0644 on Jan. 12, 2020.

4. What are the best exchanges for buying and selling XNC?

Currently, the most active and dominating exchanges for buying and selling XeniosCoin are Binance, Kraken, and Kucoin. The most popular XeniosCoin trading pairs include XNC/USDT (on Coinsbit), XNC/USDT (on Finexbox), and XNC/BTC (on Finexbox). You can also explore custom and exclusive discounts, vouchers, and welcome bonuses from these exchanges.

5. What are the safest hardware wallets for keeping XNC?

According to an in-depth review process and testing, Ledger and Trezor are considered some of the safest and most popular hardware wallet options for securely storing XeniosCoin.

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