What is ColossusXT all about?
The goal of COLX is to be an advanced digital currency that is fast, secure, decentralized, private, and connects all of its users for a greater purpose as part of the Colossus Grid.
|60 seconds with re-targeting after every block|
10,000,000 COLX per Masternode
(Multiple masternodes per wallet, requires a VPS)
Stake Min Age
|10 COLX/kB Coin Fee on transactions|
12 Billion COLX pre-mined
Reserved for a coin swap and four initial Masternodes. All initial Masternodes and colx not used in the swap has been destroyed. No pre-mined colx remains with the development team.
Blocks 2 – 10,124
|PoW 2500 Coins per Block for 10,123 Blocks|
Blocks 10,125 – 151,200
Blocks 151,201 – 302,399
Blocks 302,400 – 388,000
Blocks 388,000- Infinite
100% Distributed To Stake Wallet And Masternodes
|Until Block 388,000, After Block 388,000 It Will Be 80% (1200 COLX Per Block) (See Masternode Proposals)|
10% (150 COLX Per Block) To Masternode Proposals
|Masternode Proposals (Decentralized Governance And Budget Funding) Will Begin To Commence On Block > 388,000. Masternode Owners Have To Actively Create Proposals Which Help The Development Of Colx.|
10% (150 COLX Per Block) To The Official Developer Fund
|Budget Supports Funding The Development Of The ColossusXT Project Toward Our Roadmap Goals And To Cover Maintenance Costs.|