Xelis (XEL)

Xelis (XEL) is an innovative cryptocurrency built from scratch to ensure privacy and developed in Rust for guaranteed memory security. It combines the advantages of BlockDAG, Homomorphic Encryption, and Smart Contracts, making it a part of the technological revolution in the crypto space. With Xelis, scalability is provided through a DAG (Directed Acyclic Graph) structure, allowing several chains to run parallel with multiple parents for each block.

Integrating multiple occurrences of the same transaction (TX) without duplication, Xelis aims to optimize its execution. Instead of excluding an entire block due to a collision with another BlockDAG branch, Xelis refrains from executing the transaction and retains its hash. Transactions can be contained in multiple blocks, provided they have not been executed at a stable height and are not included in the same chain branch. By accepting other branch tips with identical transactions, Xelis prevents orphan blocks when branches merge.

As a private blockDAG with Homomorphic Encryption and Smart Contracts, Xelis ensures privacy and offers various tools and software. However, users are advised to use them at their own risk, as Xelis disclaims any responsibility for their usage. © 2024 Copyright. Xelis’ website is designed by exactly.digital and integrated by HectoFR.