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The X-COIN (XCO) is a decentralized crypto coin released on March 6, 2015. It works separately from a reserve bank or single administration. Users cannot mine the cryptocurrency. As a result, XCO coins can be received from a cryptocurrency exchange.
The coin utilizes the proof-of-work and proof-of-stake (pow/pos) consensus, alongside the SHA-256 algorithm. X-COIN has a Mac Wallet that was released in 2020, with plans to release a wallet for Windows. According to the platform, the proof-of-stake block reward is 3% interest per year, plus ten coins, and transaction fees are paid out when a user finds a block.
A user's reward before the fees is averaged up to the nearest 0.999. Users can stake over 15,000 XCO to get an average reward of forty XCO per block mined. Some stake blocks get random ten XCO bonuses. The maximum reward is twenty coins per block before the fees.