XtendCash (XTNC) has seen its price increased over the past 24 hours, currently sitting at $$ 0.00019860. The daily trading volume is at $19.5 which can provide insight into the day-to-day price volatility of XTNC.
XtendCash (XTNC) is a digital currency that emerged from the merger of two cryptocurrency projects, Saronite and Purk. It aims to offer a decentralized payment system and focuses on providing enhanced privacy for its users. XtendCash incorporates various features and improvements to create a unique and secure crypto ecosystem.
As a merged project, XtendCash does not have a single founder but rather is the result of collaboration between the teams of the original Saronite and Purk projects. Information about the individual founders of these projects might be available on the XtendCash official website or in the community forums and documentation.
XtendCash, like many cryptocurrencies, operates on a blockchain network, which is a distributed ledger technology. This network enables secure peer-to-peer transactions without the need for intermediaries. The specifics of its consensus mechanism and privacy features have their roots in the technologies used by Saronite and Purk, offering a unique blend of the strengths of both projects.
One of the main features of XtendCash, derived from its parent projects, is its focus on privacy. This typically involves obfuscating transaction details to protect user identities and transaction amounts, which is a common trait in privacy-focused coins. Its blockchain may support features such as stealth addresses or ring signatures, although the specific technologies utilized by XtendCash would need to be confirmed by reviewing their technical documentation or whitepaper.
XtendCash likely utilizes cryptographic measures to secure transactions and control the creation of new coins. This could involve a proof-of-work (PoW) or proof-of-stake (PoS) mechanism, or perhaps a combination of both, as seen in other merged projects. The exact mechanism would determine how network participants reach a consensus on the blockchain, adding new blocks, and maintaining the network's integrity.
The total supply of XtendCash (XTNC) is likely defined by the protocols established at the time of the merger between Saronite and Purk. The circulating supply and any hard cap on the number of XTNC tokens that can exist would be decided by the project's governance model and coin emission plan. These numbers and 100.0M indicate the scarcity and long-term availability of the tokens.
XtendCash positions itself as a medium for digital transactions that prioritize privacy. This means it aims to be a go-to choice for users who want to make secure transactions without exposing sensitive data, akin to making cash transactions in the digital world.
The upgrade process for XtendCash's technology would be dependent on the governance structure and development approach taken by its team. This could involve community proposals, developer contributions, and consensus on when and how new features or protocols should be added to the network to ensure continuous improvement and adaptation to the evolving crypto landscape.
Storing XtendCash safely would require a secure wallet that supports the cryptocurrency. Users should ensure that they are using a reputable wallet provider and practice safe storage methods, such as using strong, unique passwords, enabling two-factor authentication, and keeping their private keys offline in cold storage.
XtendCash (XTNC) can be bought on various cryptocurrency TradeOgre that list the coin. It is important to use a trusted exchange with a solid reputation for security and customer service. Always ensure that you are on the legitimate site as there are many phishing sites that mimic real exchanges.
Securing your XtendCash involves a combination of operational security and proper digital hygiene. Always use reputable wallets, do not share your private keys or seed phrases with anyone, and consider using hardware wallets for the best balance of security and accessibility for your XTNC tokens.
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