
Quras Token (XQC)
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About Quras Token
The Quras Token (XQC) is a private coin that offers easy staking and operates on a secret contract platform for privacy 2.0. It launched its mainnet in December 2020. The project focuses on giving users more privacy control over their information by utilizing leading encryption technologies. Quras enables private transactions in smart contracts and is powered by Zero-Knowledge Proof and Ring Signature technologies, ensuring enhanced security, scalability, and usability.
Quras is a next-generation blockchain that enables anonymous and privacy-protected transactions. It allows users and developers to create smart contracts, custom tokens, and transactions while keeping all data private and hidden. The project was founded in 2017 by Shigeki Kakutani. Quras combines programmable smart contracts with flexible privacy features on one platform, allowing the creation of privacy tokens, combining private and public smart contract transactions, and transparent transactions in public smart contracts.
The Quras Token employs a dual token model, with the Quras Coin (XQC) as the smart money within the platform and the Quras Gas (XQG) as the fee. This dual token model decouples XQG from the price impact of XQC, improving the user experience. The platform offers low-cost transactions and a distribution system for transaction fees that benefits smart contract issuers. With high scalability and staking opportunities, Quras aims to provide a secure and privacy-oriented blockchain ecosystem.
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