2017-10-02 12:44 - CV2/COLX info
CV2 ColossusCoin2 markets are closing on 15. October, 2017. Delisting due to a full coin swap to a new ColossusCoin XT Blockchain,
please swap your ColossusCoin2 CV2 to the new ColossusCoinXT COLX BlockChain
Colossuscoin announced the planned release of ColossusCoinXT on August 24, 2017.
Launch date: Sunday, September 24nd, 2017, 20:00 [UTC]
Colossuscoin was founded on 22 August 2013 and is a decentralized, open-source peer-to-peer (P2P) energy-efficient Internet currency that enables fast instant payments to anyone in the world with almost no fees. Its design is public, nobody owns or controls Colossuscoin and everyone can take part.
Colossuscoin was founded as a energy-efficient Internet currency and we want to continue our concept to be a long-term energy-efficient/ Evironmentally friendly Crypto-Currency.
ColossusCoinXT is an open source, peer-to-peer, energy-saving, community driven, decentralized and modern POS3.0 Masternode-Cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency.
The new ColossusCoinXT (COLX) is based on the popular PIVX Source Code with a fixed PoS block reward and we will do a full Swap from ColossusCoin2 CV2 (2:1 exchange rate) on NovaExchange.com https://novaexchange.com/coinswap/ .
For 2 ColossusCoin2 (CV2) you will get 1 ColossusCoinXT (COLX).
The Total Circulating Money Supply will get halved to 12.0 Billion COLX Coins.
The PIVX Features are very innovative (for instance: improved Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions, Private Instant Verified Transactions /full-time private transactions, Obfuscation Mixing Mechanism, innovative variable seesaw reward mechanism, Coin Control)
The Swap to the new ColossusCoinXT COLX Blockchain has been started on 28th September 2017.
The only place you can swap your CV2 for COLX will be on https://novaexchange.com/coinswap
ColossusCoinXT (COLX) Specifications
Block 1: 12 Billions COLX pre-mined [reserved for a full swap over (reverse 1-for-2 coin split)]
Reverse Coin split of 1:2 means investors will receive one ColossusCoinXT (COLX) for every two ColossusCoin2 (CV2) they own.
In other words, ColossusCoinXT Money Supply will be reduced to max. 12 billion after the split.
PoS Rewards Breakdown
Block Reward: (60% master node | 40% to miner) Stake min age is 7 days
Blocks 10,81 - 151,200: 2500 COLX
Blocks 151,201 - 302,399: 1250 COLX
Blocks 302,400 - Infinite: 1000 COLX
Proof of Stake Schedule: 5% to proposals for all phases
95% distributed to stake wallet and master node
Proof of Work Schedule
Algo: PoW Algorithm: Quark
Proof of Work/Proof of Stake Hybrid transitioning into Proof of Stake only
Block 1 12 Billions COLX pre-mined for the Swap-over*
*: 40,000,000 COLX of the Premine which were used for run initial Masternodes have been destroyed and
never to be retrieved to COLX Burn Address: DCoLossusCoinXTBurnAddressxxzzRhgy (do not send coins to this address!)
Blocks 2 - 10,080 (approx 10 days): PoW 2500 Coins per Block for 10,080 Blocks
Block Time: 120 seconds with re-targeting after every block / Stake min age is 7 days
10 COLX Coin Fee on transactions is also part of the Block reward on top of the 2500 Coins per Block
Minted Confirmations: 90
Transactions Confirmations: 6
Masternodes 10,000,000 COLX per Masternode
(Multiple masternodes per wallet, requires a VPS)
COLX is a cutting edge cryptocurrency, with many features not available in most other cryptocurrencies.
- Anonymized transactions using coin mixing technology, called Obfuscation.
- Fast transactions featuring guaranteed zero confirmation transactions, called SwiftTX.
- Decentralized blockchain voting providing for consensus based advancement of the current
Masternode technology used to secure the network and provide the above features,
each Masternode is secured with collateral of 10,000,000 COLX per Masternode
ColossusCoinXT COLX on Coinmarketcap.com:
ColossusCoinXT COLX on http://nodeshare.in
Order $COLX Masternode Hosting:
NODEshare's easy step by step instructions/ColossusCoinXT Masternode Setup Guide:
ColossusCoinXT COLX on masternodes.online:
ColossusCoinXT COLX on mnrank.com:
Official COLX ANN thread: https://bitcointalk.org/index.php?topic=2141880.0
There is no Proof-of-Work - COLX is full PoS now. PoW mining is not possible anymore.
A Bright Future: ColossusCoinXT has many new & exciting projects underway to be released throughout 2017/2018 to increase COLX utility and new user adoption across the globe.
The Swap to the new ColossusCoinXT COLX Blockchain has been started on September 28th, 2017 [20:00] UTC
and take place 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.
ColossusCoin2.0 CV2 ANN Thread:
Forums http://www.colossuscointalk.org (Mod)
ColossusCoinXT (COLX) Markets on NovaExchange.com
Bounties [to come]
Faucet [to come]
Giveaway [to come]
Presstab.pw provides a more robust and unique analysis of crypto-currency blockchains. Specializing in Proof of Stake analysis, we provide a first-of-its-kind platform to see what addresses are staking, the stake weight of each stake, the annual stake rate, and more. We also provide hash rate charts for our coins that have Proof of Work mining, something that many coins and explorers do not have access to. View the richlists to see how you stack up compared to the rest of the coin holders, see your total amount minted or mined, and give you the ability to claim your address using your cryptographic signature. Get up to date exchange order books consolidated on our easy to read master orderbook in our markets page. Find addresses, transactions, and blocks to get the details you want.
ColosssusCoinXT COLX on Presstab's awesome Block Explorer's!
[to be updated]
NODEshare's easy step by step instructions/ ColossusCoinXT Masternode Setup Guide:
COLX Masternode installation guide (summary)
How to stake using your COLX wallet
Signature campaign [to come]
Articles and blogposts [to come]
The ColossusCoinXT Foundation helping to advance and promote ColossusCoinXT adoption.
We are working hard behind the scenes improving all areas of the foundation, a bright future lays before us, full of potential and challenges.
Colossuscointalk and its members work together to create a strengthened platform and improved ColossusCoinXT Foundation on www.Colossuscointalk.org
Terms of Service:
ColossuscoinXT software is an experimental software. There is no guarantee given here.
Use it at your own risk and please do your due diligence when investing.
BTC Development Fund Address: 18MXDWxe9Z6dEW5XV78CRomZBdiTEpeC2H