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About VXXL
VXXL is a truly decentralized, community-driven, fast transactional PoW coin developed as an alternative to current industry standards.
This unique approach makes VXXL a more practical settlement unit than other altcoins and, particularly, fiat currencies, commonly used in the corporate payments sector.
VXXL is a peer-to-peer web 3.0 currency (or as we like to call it, web 7.77) that enables instant (~7 seconds per block, hence “7.77”) and nearly fee-free payments (0.00225 to 0.0037 VXXL per transaction) to anyone, anywhere in the world.
We emphasize that while other fast transactional coins operate on PoS protocols (like TRC, ETH, XLM) and are typically centralized (e.g., XRP, BSC), VXXL remains fully decentralized, with no central authorities, including its founding community.
Transactions cannot be counterfeited, emission size cannot be altered, and funds are protected from double-spending. Decentralization adds to the challenge of maintaining independence, as each community member must run a full node. VXXL’s hybrid PoW+PoS protocol provides robust security, minimizing financial risks across the crypto sector.
To tackle challenges common to PoW coins, VXXL introduces a unique hybrid protocol, eliminating the widely-used PoW halving principle. Instead, we implemented “difficulty waves.”
How it works: VXXL’s mining reward fluctuates between 300 and 1500 VXXL per block, adjusting with network difficulty. The variance between minimum and maximum rewards creates these “difficulty waves.”
Although VXXL allows mining, its design prevents the interception of mining hashpower. An additional PoS layer verifies all PoW transactions through nodes/wallets holding VXXL for over 10 days but not more than 900 days.
VXXL enforces a coinage cap to avoid the concentration of power within “OG” holders, including our own. The entire governance will transition to the community as we embark on the next phase in global financial evolution.
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