Colossuscoin2.0 is a peer-to-peer Internet currency that enables instant payments to anyone in the world. Colossuscoin2's proof-of-stake system was developed to address the high energy consumption of Bitcoin. The Colossuscoin2.0 network is scheduled to produce 22 billion currency units.
ColossusCoin uses public-key cryptography,
in which a pair of a public and a private cryptographic key is generated. The core network is maintained by coin holders and the proof-of-stake algorithm reduces the risk of 51% attacks.
Colossuscoin use Proof of Stake (PoS) algorithm and hit the PoS only stage. PoS is a highly energy efficient method of securing a coin's block chain. PoS mining does not require the intense computing to secure the block chain, it instead requires a small amount of CPU power, and some coins, to create new blocks within the network.
The Swap to the new ColossusCoinXT COLX Blockchain has been started on September 28th, 2017 [20:00] UTC and take place on NovaExchange.com
Please swap your Coins ASAP - as soon as possible on https://novaexchange.com
Swap ends: 2017-12-28
1.) Coin Swap Instructions for already registered users on NovaExchange.com:
How do I swap my ColossusCoin2 (CV2) for ColossusCoinXT (COLX)?
Nova Exchange will be running the swap for us. It is a simple process:
visit the Swap page https://novaexchange.com/coinswap/147/ you will need to have an account with Nova Exchange to deposit your CV2. https://novaexchange.com has the old ColossusCoin2 Blockchain so you can transfer your ColossusCoin2's there for the swap.
Once you swap them you get ColossusCoinXT (COLX) on the new Blockchain. The swap is free for the end user who is swapping coins.
The only place you can swap your CV2 for COLX will be on NovaExchange.com
Active rate for swapping will be 1:2 / 1 COLX for 2 CV2 ( (reverse 1-for-2 coin split)
What will happen to the swapped CV2 Coins on NovaExchange?
NovaExchange.com will send the CV2 Coins to a predetermined burn address after the swap is over.
What page on Nova Exchange should I go to swap my CV2 for COLX Coins?
You need to go to click the NovaExchange Swap Page https://novaexchange.com/coinswap/147/ to swap your CV2 Coins for COLX Coins on Nova Exchange.
Due to Novaexchange Website closes on April 2018 https://novaexchange.com/news/ and user registration has closed we are starting a manual Coin Swap Process
Coin Swap Page/Instructions for non-registered users on NovaExchange
Official CV2 Coin Swap Address: CUfTF5sBX2rrapBxkMLk6w2PReQioTJA28
The Colossuscoin Dev Team
Bitcoin Project Donation Address: 18MXDWxe9Z6dEW5XV78CRomZBdiTEpeC2H (BTC Address Ledger)
Litecoin Project Donation Address: LRo8sKP8eKbBiqA71hNzVqdicLZRBQptj7 (LTC Address Ledger)
ColossusCoinXT [COLX] Development Fund Donation Address: DTRKys7C48snCsnwjH4DCEjsenRPsXqz2g (COLX Address Ledger)