◆ What is XABU?
XABU will allow humans to send instant and feeless transitions all around the word. The
scalable technology of XABU will also help business by utilizing distributed consensus technology
to help create companies that are inherently global, trustworthy, efficient and most profitable.
In the XABU network the base coin is called a XABU and carries the abbreviation XBU. It has a total circulating supply of 18,000,000 coins.
In general, some properties of Bitcoin also apply to XBU, namely, they have value, and can be transferred on the blockchain.
◆ Advantages of XABU?
The revolutionary technology behind XABU is backed by high end blockchain developers and scholars. We offer
peer to peer review for all the changes we make to our technology to achieve the highest
standard.
◆ Because our blockchain is incredibly lightweight and running a node costs zero, XBU
transactions are processed with no fees. One transaction fits within a single UDP packet,
and transactions are handled independently, eliminating any block size issue.
◆ Wallets have an anti-spam Proof of Work system, once a transaction is sent, it makes the
transactions instantaneous, as both sides have the proof of work ready. For ongoing
transactions there will be delays, but this is intentional to prevent transaction spam.
◆ Xabu is an open source software project released under the MIT/X11 license which gives
you the power to run, modify, and copy the software and to distribute, at your option,
modified copies of the software. The software is released in a transparent process that
allows for independent verification of binaries and their corresponding source code.
◆ Wallet encryption allows you to secure your wallet, so that you can view transactions and
your account balance, but are required to enter your password before spending XBU coins.
This provides protection from wallet-stealing viruses and trojans as well as a sanity check
before sending payments.
◆ The XABU wallet will also feature friendly user wallet addresses know as contacts. Users will
no longer need a long complicated address to send their XBU coins it will be done via
contacts. This will also work with other cryptocurrency that are used in the XABU wallet.
