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 * XELIS
 * About
 * Network
 * Roadmap
 * Socials
 * Documentation
 * 

 * About
 * Network
 * Roadmap
 * Socials
 * Documentation

This page is a work in progress. The information does not reflect the final
version.


XELIS

Developed in Rust for guaranteed memory security, XELIS is an innovative
decentralized cryptocurrency built from the ground up to preserve your privacy
when spending.

BlockDAG, homomorphic encryption and Smart Contracts, join the technological
revolution.

GitHub






OBJECTIVES


THE MAIN OBJECTIVES:

 1. Provide privacy on transactions / balances.
 2. Provide Smart Contracts support.
 3. Secure and fast.
 4. Easy to integrate for developers.


OTHERS OBJECTIVES:

 1. Provide custom assets identical to the native XEL.
 2. POW algorithm designed as CPU / GPU friendly.
 3. Decentralization.
 4. Simple to use.


NETWORK

 * Coin Name: XEL
 * Average Block Time: 15 seconds
 * Maximum Block Size: 1.25 MB
 * Block Reward: up to ~ 8.7 XEL
 * Maximum Supply: 18.4 millions
 * Minimum Transaction Fees: 0.01 XEL per KB
 * Block Dev Fee: 5%


ROADMAP

2021 (completed)
Beginning of the project


Q1 2023 (completed)
BlockDAG integration
Q2 2023
Smart Contracts integration


Q3 2023
Homomorphic Encryption integration for Privacy
Q4 2023
Final testnet release


Q1 2024
Mainnet launch



BLOCKDAG

XELIS implements BlockDAG which is a more complex structure that allows multiple
blocks to exist simultaneously. More details below.
 * 1.
   Reduce rate of orphans blocks when miners find a block at the same time.
 * 2.
   Height is not unique anymore and can have multiple blocks.
 * 3.
   Topo Height (topological height) is the new and unique height for a block
   which is ordered by the DAG.
 * 4.
   Stable height is the last height in which the order of the DAG cannot
   changes.
 * 5.
   Differents types of blocks:
    * Sync: Is in stable height and its the only block at its height (or only
      ordered block at its height and don't have lower cumulative difficulty
      than previous blocks).
    * Side: its height is less than or equal to height of past 8 topographical
      blocks. Its block rewards are lowered to 30%.
    * Orphaned: this block was not ordered in the DAG and has no topoheight (its
      transactions are not executed)

 * 6.
   Up to 3 previous blocks (called TIPS)
    * Circulating Supply is re-calculated each time the block is re-ordered
      because its based on DAG order.


CLIENT
PROTOCOL

XELIS integrate along with BlockDAG a way to accept multiple times the same TX
and only execute it one time. Instead of excluding the whole block because we
have a collision with another blockDAG branch for a TX, we just don't execute
the TX and keep its hash.

The same TX can be contained in multiple blocks only if:

 * TX is not executed in stable height.
 * TX is not included in block Tips (previous blocks).



During the generation of the DAG order (linking unique topoheight to a block
hash), the first block being ordered will execute the TX first.

This feature allows to accept others branch tips even if transactions are the
same and prevent more orphans blocks when branches are merged.


SOCIALS

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XELIS
About Network Roadmap Socials
Documentation Block Explorer DAG Viewer GitHub

XELIS is a private blockDAG with Homomorphic Encryption and Smart Contracts. Use
our tools and software at your own risk, we will not take any responsibility in
the way it is used.

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