XELIS BlockDAG

Bitcoin, the King of cryptocurrencies, cannot solve the quadralemma…
Xelis solves the quadralemma: Scalability, Security, Privacy, Decentralization

Xelis is not a copy… it was entirely coded from scratch in Rust, a robust, fast, secure, and high-performance programming language.

Key Features

BlockDAG

Multiple blocks at the same height to improve scalability and security of the network.

Homomorphic Encryption

Enabled using ElGamal to provide privacy on transferred amounts and balances.

Smart Contracts

Easily code and create decentralized programs.

Account Model

Account based blockchain with more advantages than traditional UTXO.

Fast Synchronization

Synchronize in parallel across multiple nodes or instantly with the latest chain state.

XELIS Hash

A new CPU/GPU friendly algorithm. FPGAs and ASIC resistance.

Our Objectives

Main Objectives

  • Provide privacy on transactions / balances.
  • Enable Smart Contracts.
  • Scalable blockchain for daily usage.
  • Easy to integrate for developers.

Other Objectives

  • Issue custom assets identical to the native XEL.
  • POW algorithm designed as CPU / GPU friendly.
  • Decentralization.
  • Simple to use.

Network Specs

Basic Info

  • Coin Name: XELIS (XEL)
  • Block Time: 5 seconds
  • Max Block Size: 1.25 MB
  • Block Reward: ~1.46 XEL

Economics

  • Max Supply: 18.4 million
  • Min Tx Fees: 0.0001 XEL/kB
  • Atomic Units: 8
  • Block Dev Fee: 10%

Supply Emission

Instead of halving, the reward is decreasing with each block with a maximum supply of 18.4 million.

BlockDAG Structure

Provide scalability by using a DAG structure instead of a linear blockchain. Up to several chains in parallel, each block can have multiple parents.

1

Reduce the rate of orphan's blocks when miners find a block at the same time. Instead of choosing one block, both blocks are included in the DAG.

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 change.

5

Different types of blocks:

  • Sync: It is at a stable height and is the only block at its height.
  • Side: Its height is less than or equal to the height of the past 8 topographical blocks. Its block rewards are reduced to 30%.
  • Orphaned: This block was not ordered in the DAG and has no topographical height (it's transactions are not executed).
6

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

Miner
Section

Miner software is used to generate new blocks on the XELIS network and secure it using the Proof-of-Work (PoW) consensus.

Each block found and accepted by the network gives a reward (called "Coinbase") to the miner address in exchange of its work.

View on GitHub Mine XELIS with CPU or GPU now!

Resources

Genesix Wallet

Genesix Wallet

Graphical interface wallet

The main graphical interface wallet. Can be used on all major operating systems and mobile devices.

View Releases
Paper Wallet

Paper Wallet

Offline key generation

Generate offline keys and print for long term storage.

Open Paper Wallet
CLI Wallet

CLI Wallet

Command line interface

The command line interface wallet. If you're an advanced user or prefer a minimalistic interface.

View Releases
Web Wallet

Web Wallet

Browser-based access

The wallet from your browser. Quickly access your funds without the need to download an application.

Open Web Wallet

Nodes

Support and secure the network by running your own node. This improves your privacy and the decentralization of the network.
No technical knowlegde is needed, download the software and run it !

Download Node Software

BUY XELIS

MEXC

Pairs: XEL - USDT

Trade on MEXC

Biconomy

Pairs: XEL - Bitcoin

Trade on Biconomy

Trocador

Decentralized exchange

Trade on Trocador