The DPOPS (Delegated-Proof-of-Private Stake) is a novel protocol that prioritizes privacy. It provides several privacy features, including:
- Privacy Flexibility: Users can use a single wallet on a single blockchain to conduct both public and private transactions, giving them the option to remain anonymous when necessary or have transparent transactions when required.
- Privacy Swap: X-Cash, as the first blockchain of its kind, offers an incredibly user-friendly feature that allows for easy swapping between privacy options.
- Security and Integrity: Public and private transactions are securely and unalterably signed using large fixed ring-sized transactions. The X-Cash Public Network is governed by 50 delegates through a customized Delegated Proof of Stake consensus mechanism based on Monero technology, known as Delegated Proof of Private Stake (DPOPS).
- Secured by Top 50 Elected Delegates: Anyone can become a delegate by running an X-Cash node. However, to forge new blocks, secure the network, and earn block rewards, one must be voted into the top 50 by other community members.
- Staking and Voting: Delegates are elected by the community, and each person can assign a stake of at least 2M XCASH to a delegate, representing a weighted vote. Additionally, the voters' stake never leaves their wallet thanks to cryptographic reserve proofs, ensuring constant control over their XCASH.
- Enhanced Security: The network incorporates a DBFT communication system to achieve a 67% consensus and adopts a verifiably randomized selection of block producers to prevent targeted attacks on delegates. These measures are implemented to significantly enhance the overall security of the network. From the beginning, X-Cash has introduced innovative privacy solutions to the cryptocurrency landscape, such as FlexPrivacy, enabling both public and private transactions on the same blockchain using a single wallet.
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