It is well known that Proof-of-Stake (PoS) is considered as energy efficient, decentralized, very secure system. And, at the same time, PoS blockchain network makes it possible to draw benefits from just holding cryptocurrency without acquiring costly crypto mining equipment or renting hashpower. Put simply, everyone who possess Proof of Stake coin and run that coin's wallet on their computer becomes a Stakeholder and can earn Staking Rewards. Because of all the above-mentioned reasons, we have created 2X2 - PoS cryptocurrency which, despite the crypto market fluctuations, can generate passive income stream for its holders.
2X2 is inherently Hybrid (PoW+PoS) cryptocurrency. 2X2 coin was launched using X11 Proof-of-Work (PoW) algorithm which in turn uses a combination of eleven different encryption algorithms. PoW phase had been necessary to remove the risk of Proof-of-Stake being somehow faulty. PoW stage lasted for 100 first blocks during which 1mln coins was mined. On the block #101 PoW was replaced by PoS - PoW was switched off, and PoS accordingly was switched on. Transition went smooth and timely, and after first few #PoS blocks were successfully generated, 2X2 cryptocurrency was officially released.
Technology
Hashing algorithm: x11
Proof type: Proof-of-Stake
Block time: 90 seconds
Coin maturity: 24 hours
Staking period: minimum 24 hours
Staking rewards: 365% per year
Transaction fee: minimum 1 coin
Coinbase maturity: 60 confirmations
Supply: unlimited
CoinBurn: http://2x2block.space/address/CZBURNXXXXXXXXXXXXXXXXXXXXXXagZLdR
Community
Homepage: https://2x2coin.space
Block Explorer: https://2x2block.space
Twitter: https://twitter.com/2X2coin
Discord: https://discord.gg/RZnFRXq
Telegram: http://t.me/join2X2
eMail: info@2x2coin.space
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