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hexxcoin  (HXX)

HexxCoin (HXX)

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HexxCoin Price and Market Stats

HXX Price
Market Cap
Market Cap Dominance N/A%
Trading Volume
Volume / Market Cap
24h Low / 24h High /
7d Low / 7d High /
Market Cap Rank N/A

About HexxCoin

HexxCoin price today is with a 24-hour trading volume of . It has a circulating supply of 1.9 Million HXX coins and a max supply of 10 Million.

HexxCoin makes use of the ZeroCoin protocol in order to achieve anonymity in transactions. Instead of having to trust the development team with a trusted setup, like zkSNARKS, ZeroCoin takes a non-anonymous coin and exchanges it for a "ZeroCoin" which can't be traced back to a specific user.

These ZeroCoins can then be exchanged back for a non-anonymous coins. This is all integrated into the core wallet, which also supports use with TOR for added protection for your identity.

HexxCoin uses a combination of CPU mining & Xnodes to secure the network and verify transactions. CPU based mining prevents centralized mining operations from dominating HexxCoin's Hash power. Most centralized operations use ASICS or GPU rigs. In addition to CPU mining, Xnodes also play a role in transaction verification. Each Xnode requires 2,000 HexxCoins. These nodes can be setup using the ChainSilo service linked above or more technical users can setup their own nodes using a VPS or their local machine.

Responsible Block Rewards & Governance Fund
Each block 2 HexxCoins are created up to the maximum 9,999,999 supply. The rewards are split across the CPU miners (0.7 Hexx), Xnode holders (0.7 Hexx), and the Governance Fund (0.6 Hexx). The Governance fund is exclusively used to further awareness of the HexxCoin project (Marketing Efforts), establish new partnerships (Use Case beyond forking with other coins), & getting listed on new exchanges.

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