SXP (SXP) is a Decentralised Networks crypto coin. SXP`s origin block was generated on 2019-08-14. More information can be found at https://solar.org.
Key Technical Advantages:
Solar Core Blockchain Framework: Solar is powered by Solar Core, a Layer-1 Blockchain Framework forked from ARK Core. It uses the Delegated Proof of Stake (DPoS) consensus mechanism, providing a fast, modular, sustainable, efficient, and decentralized platform.
Security and Schnorr Signatures: Solar Core improved the security of the Blockchain Framework by fully utilizing Schnorr signatures and dropping support for ECDSA due to signature malleability issues. The framework is open-source, and anyone can contribute to its security via Github.
Delegated Proof of Stake (DPoS) Consensus: Solar uses a DPoS consensus mechanism with 53 delegates responsible for securing and maintaining the network. Each delegate forges one block per round, with a round consisting of 53 blocks. Block forging time is 8 seconds.
Voting and Delegation: Delegates are elected by voters who use the weight of their wallets to vote. Voters don't need to lock or send their SXP coins to a delegate. Delegates can take commissions ranging from 0-100% of the total rewards and share the remaining commission with their voters, but this is optional.
Staking and Reward Sharing: Delegates have the option to share their rewards with voters. By voting for delegates who contribute to the ecosystem and share fewer rewards, voters can potentially create better short-term or long-term value for their SXP holdings.
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