WHITEPAPER - xRhodium · 2018. 10. 20. · organic OTC market was established that allowed XRC...
Transcript of WHITEPAPER - xRhodium · 2018. 10. 20. · organic OTC market was established that allowed XRC...
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W H I T E P A P E RW H I T E P A P E R
#xRhodium $XRC
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Contents
About XRhodium
Unique solutions for investors
Mining
XRhodium Fact sheet
Why we have started developing XRC
Roadmap
Long-term vision
Ambassador Program
Community & Useful links
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About XRhodium
XRhodium is NOT a fork of Bitcoin
It is a new crypto asset, simple and transparent, with long-term vision for investors and scarcity to help drive its value, built on a fast and secure blockchain with up-coming anonymization features.
There will only ever be 2.1 million XRC
XRhodium [XRC] uses its unique blockchain with total supply of 2.1 million XRC. It is programmed in C# language and is POW only. Devs are honestly and steadily developing XRhodium’s Unique solutions for investors for the long-term. XRhodium will also join one of the anonymity spaces.
Its store-of-value qualities are further supported by a set of fea-tures that meet the demand for a long-term crypto investment, incentivizing a strong-hand investor behaviour and bridging the gap between the world of crypto and traditional investment.
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Unique solutions for investors
1. Strong Hands Programme
Honest and simple reward program for investors
Earn XRC by holding XRC. Strong Hands and exit-aversion; two qualities that set XRC investors apart from the rest. Build your stack through a free participation in the Strong Hands Pro-gramme.
The XRhodium Strong Hands programme is an innovative use case feature, which rewards proactive holders and stimulates new investment. Every 3 months you can earn a piece of 16 072 XRC distributed through rewards for every programme cy-cle.
The Strong Hands Programme rewards proactive holders each quarter and stimulates new investment. Through this program, you can earn a reward of between 0,5% and 30% on your XRC holdings every year.
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All XRhodium holders can participate and their wallet addresses will be included automatically. Thus, no specific actions need to be taken by the users to enroll in the programme cycles. An au-tomatic snapshot of the individual balances will take place at the beginning and the end of every cycle (note that the closing snap-shot for one cycle is also the opening snapshot for another cycle). Rewards will be then automatically transferred to the addresses that managed to avoid any negative balance movement.
ExamplesA: 10/1: 100 XRC, 1/1: 100 XRC without negative movements. Rewarded on 100 XRC
B: 10/1: 100 XRC, 1/1: 120 XRC without negative movement (receive 20 during period):
Rewarded on 100 XRC
C: 10/1: 100 XRC, 1/1: 150 XRC transfered out 20 (left empty), transfered in 30 during quarter:
No reward
D: 10/1: 0 XRC, 1/1: 100 XRC transfered in 100 XRC: No reward
E: 10/1: 100 XRC, 1/1 100 XRC transfered out 20 on 10/5 and transfered in 100 on 11/10:
No reward
An address with zero balance on 10/1 gets no reward no matter what
Read more about how it works at our mainpage:https://www.xRhodium.org/En/StrongHandsAirdrop
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2. The Crypto Trinity
BTC + LTC + XRC = The Crypto Trinity
XRhodium was introduced to a market environment that lacked the appeal for investors looking for a long-term investment in crypto securities. Ever since XRC has met every objective to ef-fectively fulfil this role, one that no single cryptocurrency has managed to subsume so far.
XRhodium’s inherent qualities naturally discern it from the pleth-ora of altcoins available on the market that lack any viable use case. But more importantly, they are the bases to a natural con-vergence with Bitcoin and Litecoin. The three coins (XRC, BTC, LTC) form an efficient ecosystem that can facilitate users/investors with different needs and preferences.
Where LTC has traditionally provided its users with primarily transactional properties and BTC still fails to find its appeal for traditional investors, XRhodium emerges as the natural comple-ment to meet the demand for long-term security investments, investment diversification, a coin that is tightly held and
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3. XRC on decentralised Precious Metals Market
Our vision is to make the first step into the free world without borders or limits which are connect-ed to the supervision.
FreeMarket.one is decentralized application that will bridge the gap between crypto and traditional investments. It will facilitate P2P exchange among XRC and precious metal investors through decentralized and efficient matching of supply and demand with no intermediaries through FreeMarket.one. People all over the world looking to protect or increase their wealth through investing. Yet, they are limited by external factors causing market inefficiency. On the other side, there are sellers, who cannot find the right buyers. Our blockchain-driven decen-tralised marketplace can bridge this gap and achieve a new crypto-enabled market equilibrium. The convergence between
transparent towards its users. For these reasons XRhodium rep-resents the final piece of the puzzle, the Crypto Trinity, whose ef-ficient co-existence satisfies the complete spectrum of investors and their diverse needs.
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precious metals and crypto investment also supports greater adoption and usability of digital assets and expands the market for precious metals traders.
Channel of free exchange
Anonymity - Your IP address is protected through the Tor net-work.Barter - Free exchange of precious metals and XRhodium (XRC) tokens.Safe and secure - Decentralised system based on blockchain technology.
The technology behind FreeMarket ONE
Transactions on this platform are irreversible and decentralised using blockchain technology. Full anonymity and masking of IP addresses is achieved via implementation of Tor technology. This platform also uses Microsoft NET Core technology to ensure plat-form-independent functionality on Windows, Linux or MacOS.
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Mining
XRhodium’s development team created the mining pool at http://poolcore.xRhodium.org/
Find All XRC pools on MiningPoolStats at:https://miningpoolstats.stream/xRhodium Any equipment that supports XRC’s X13 algorithm can mine it, asdiscussed in the XRhodium tutorial How to mine XRhodium [XRC] at:https://www.reddit.com/r/XRhodium/comments/dnsv18/bitcoin_rhodi-um_mining_guide/
Calculators:https://whattomine.com/coins/317-xrc-x13https://miningpoolstats.stream/xRhodium
Network nodes:
Primary nodes: 20+Other nodes: 100+
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XRhodium Fact sheet
Technical specifications
• Coin ticker: XRC• Max supply: 2.1 million coins• Open source: YES• Language: C#• ICO: NO• Genesis block: October 20, 2018 at 6:16:18 PM UTC• PoW Hash algorithm: x13• Block time: 10 minutes• Block size: 4MB• Block reward: 2.5 XRC• Halving: every 210,00 blocks• Reward after halving: 1.25 XRC• Difficulty adjustment: every 2016 blocks
Exchanges
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Wallets
Choose the right wallet for your XRC in wallets guide and click a proper badge above.
Electrum-XRCWindows, Mac OS, Linux
Full NodeWindows, Mac OS, Linux
LedgerHardware
SOON
MagnumWeb, Android
TrezorHardware
Web-walletAny browser
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Why we have started developing XRhodium
...to create a Unique Crypto commodity, For the Long-Term
In late 2017, amidst a surge in altcoin issuance – particularly, Bit-coin hard forks – our Europe-based development team decided to try something different. For one, we viewed hard forks, for the most part, as Bitcoin clones that would be difficult to discern from the real thing. Second, after the first two, Bitcoin Cash and Bitcoin Gold, none had been supported by major exchanges or wallets – making them nearly impossible to acquire; let alone, safely. Lastly, in a world where hundreds of new altcoins were emerging, itwas becoming clear that without a viable, long-term use-case – that could be convincingly communicated to investors – the odds of significant price appreciation were extremely low.
First, we considered what other altcoins were doing – and then, what Bitcoin couldn’t do, given its ability to subsume nearly all vital crypto asset functions. Which is when we came up with the idea of “ultra-Bitcoin scarcity”; i.e., a coin with all of Bitcoin’s best features, and a lifetime cap of just 2.1 million, or one-tenth of Bit-coin’s; of which, roughly half would trade upon launch, with the other half to be mined by the public over the next 100 years. Ad-ditionally, we added a privacy feature, in our quest to create a crypto asset that would cater to large, long-term holders.
Next, we determined that the best way to build community was to distribute XRhodium via an “airdrop” to existing Bitcoin holders. By
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airdrop, we mean that unlike hard forks, there is no requirement for a third party to split and/or store the coin. Instead, proactive Bitcoin holders could claim XRC by “registering” non-zero bal-ance public Bitcoin addresses from online and offline wallets in which they held their own private keys – like online Electrums or offline Trezors and Ledgers. By “signing” the unique message supplied by XRhodium, one could prove Bitcoin ownership without giving out their private keys; thus, enabling the receipt of FREE XRhodium in the subse-quent claiming process - in one’s personal, online XRhodium wal-let.
Finally, we aimed to create a “community” to foster long-term support, through the Discord chat room that we, the devel-opment team, actively monitor in a de facto “customer ser-vice” function. Through Discord, Twitter, and Reddit, we believe awareness of XRhodium’s “ultra-Bitcoin scarcity” use case has increased, to the point that we expect the launch, currently scheduled for late summer, to be met with significant investor enthusiasm.
Ultimately, in the words of one of the project’s most well-known public supporters, ”It’s the hope to carry Satoshi’s vision even fur-ther and establish XRhodium as the “Elite Bitcoin” to be BRODL’ed as passionately as Bitcoin is HODL’ed.
October 22, 2018 - XRhodium’s development team announced that, after a year of exhaustive work, the XRhodium (XRC) MainNet was launched...
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Roadmap
We have made huge progress from our first idea of precious crypto asset till nowdays developement. Find our fullfiled mile-stones below.
2017-Q4FIRST AIRDROP ANNOUNCED
XRhodium is the first mineable coin which has enabled individuals throughout the world to experience an introduction to digital cur-rencies. First Airdrop recipients were not required to hold BTC on
their registered addresses.
2018-Q2WEB WALLET LAUNCH
XRhodium Wallet was launched for public
CLAIMING XRC577,275 XRC were successfully claimed
2018-Q3TESTNET
Testnet launched for mining pool testing, transactions, wallet functions stability testing.
SERVER NETWORK DECENTRALISATION The decentralised server network can be observed here:
https://network.xRhodium.org/
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AIRDROP #2 The second and final round of Airdrop distributed XRC among BTC
users, who did not claim their share before.
2018-Q4MAINNET LAUNCHED
On October 22 the XRhodium MainNet was officially launched at-tracting enormous attention of both previous and new commu-nity members, as well as broader crypto public. Subsequently, an
organic OTC market was established that allowed XRC holders that started the price-searching process.
MININGCORE POOL LAUNCHFollowing the technical issues with the pool caused by the Coin-ium mining pool software architecture, Miningcore software was
implemented that brought along an unprecedent interest of min-ers as the hashrate skyrocketed http://poolcore.xRhodium.org/.
THE CRYPTO TRINITYOur new vision for cooperation with BTC and LTC is announced.
STRONG HANDS PROGRAMMEXRC Investors Hold & Get Rewarded each quarter
BISQ WITH XRhodiumBisq is an open-source desktop application that allows you to buy
and sell bitcoins in exchange for national currencies, or alternative cryptocurrencies
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2019EXCHANGE LISTINGS
XRC was listed on a major crypto exchange as of Q1 2019. XRC is also listed on bisq, P2PB2B, TRADESATOSHI, HitBTC, whiteBIT, and
Changelly.
GITLAB SOURCE CODE RELEASEDAs it has been promised, after the first listing, various components
of the XRC source code are now available for the community to observe through GitLab.
HARDWARE WALLET SUPPORTAfter XRC was listed on multiple crypto exchanges, the objective
was to negotiate the support by one, or more of the hardware crypto wallets manufacturers. Trezor is now available for cold
wallet storage. We’re also working on integration to Ledger Nano S and Ledger Nano X with cooperation with Magnum Wallet.
MOBILE WALLET SUPPORTWe announced the exciting news of a 3rd party multi-currency mobile wallet solution for XRC, Magnum Mobile Wallet for Win-
dows, MacOS, Linux, Web, Android, and Trezor Hardware. Coming soon for IOS.
ANONYMISATION FEATURESeveral anonymisation features are planned to be implemented,
more TBC.
WASABI WALLET ON XRC TESTNETNew Wasabi wallet with CoinJoin anonymization feature on XRC
TestNet.more TBC.
WORLD WIDE P2P METAL MARKETWebsite of FreeMarket.One released.
Long Term Vision
Our long term goal is to maintain anonymity, scarcity, security. As you can see below, we will join the precious metal market and cooperate with Gold, Silver, Rhodium, Platinium business partners and develop P2P trading eshop with real precious metals.
2020+MERCHANDISING
Continued merch to spread our message.
METAL RHODIUM PARTNERSPartnership established with precious metal market.
WORLD WIDE P2P METAL MARKET Through Freemarket.one, efficient decentralised marketplace for
precious metals trading.
X13 ASIC FIRMWARE SUPPORT Negotiations will begin with ASIC providers.
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ANOMYMISATION FEATURE & BLOCKCHAININTEROPERABILITY
Presentation of next improvements and a new connectionfeature for The Crypto Trinity
ATM INTEGRATIONNegotiations with ATM providers.
We are regurarly updating the progress and adding new features to the roadmap. Do not forget to check out the new updated road
map at: https://www.xRhodium.org/En/RoadMap
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Ambassador program
Do you want to become a part of a digital freedom ecosystem to shape the world of tomorrow? Then what are you waiting for?
Create the local XRhodium community in your city by organizing regular knowledge-sharing meetups and represent us as an XRC Ambassador! We will support you with anything you need to bring digital freedom vision to your city.
If you’re interested in participating, please fill in this form so the XRC team can learn more about you. We are always looking for enthusiastic supporters to spread our message over the world.
APPLY NOW
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Community & Useful links
It’s people who put vision into action.
WEBSITEhttps://www.xRhodium.org/ MINING POOL http://poolcore.xRhodium.org/
TESTNET WEBSITEhttps://testnet.xRhodium.org/
ELECTRUM WALLET WEBSITEhttps://electrum.xRhodium.org/
TWITTERhttps://twitter.com/XRhodium
DISCORDhttps://discord.gg/WmxceSm
TELEGRAMhttps://t.me/XRhodium_BTR
REDDIThttps://www.reddit.com/r/XRhodium/
BITCOINTALKhttps://bitcointalk.org/index.php?topic=2505163.0
GITLABhttps://gitlab.com/xRhodium/
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