[ANN] XY Coin | A fiat link to the online world |

XY Coin

Overview and Updates

XY Coin is a brand new coin aimed at fixing block times for both online and offline purchases. We wish to address this issue by, instead of buying things with separate coins, you buy the items with wallet codes. We are a coin using the C11 hash and are hoping to revolutionise the way we buy every type of products, from pizzas to mobile phones to a brand new car.

At the moment we are facing a few issues with some areas applying to our website. The server we were using crashed, so, for the time being, we are posting on a free use server. Also if you are wanting to buy a master node or just support the coin you can go to our discord (link above). If you would like to request any information about master nodes or the wallets, you can send us a direct message on discord or shoot us an email at xycoinn@gmail.com. The wallet download will be posted on Github soon, but for the time being, you can download it from here: https://ufile.io/9aq30. We will be updating our website within a week of release and take the website of the free server asap. Also, the whitepaper is being updated currently and will be finalised in two to three days.

XY Coin Idea

As we said before, the aim of XY Coin is to speed up transactions by, instead of transferring and sending through the blockchain, you are able to get a code and send a "voucher" type of item through any source of communication. This will fix the issue with long blockchains, yet still staying as secure as the site you are sending the wallet code through. The premise of this idea is that of a paper cryptocurrency wallet. The only issue with this type of wallet is that you would have to send it through the mail. What XY Coin are trying to do is speed this process up and make Crypto vouchers which can be used as a store of value, a way to purchase your items using crypto and an alternative way of sending last minute presents. For more info visit our white paper.

On top of this, we have added shops on our discord where you can buy t-shirts, stickers, iron-on patches and many more things! If you have something you want to sell, PM me on Discord. Items you can sell will bring in XY coin as revenue. It is all set up and has a small process for you to set up a shop. You cant sell narcotics, fire arms or things rated 16+.

Updates
-Website (changed to http://xycoin.tech)
-Invite contest finished (total members after the contest: 345)
-Shops released on Discord

Coin Links
Download links:
1.Windows
Mining Pools:
1.Gos.cx
2.AsiaPool
3.Hashpool

Discord: XY Coin Discord

Twitter: XY Coin Twitter

Website: XY Coin
Discord Exchange: MEX

Main Features
ASIC Resistance
NiceHash Resistance
Nvidia & AMD GPU Mining
Instamine Protection
Wallet Built-in Block Explorer
Masternode Reward Protection
Friendly Masternode Setup
Long-Term Development & Support

Base Specs
Algorithm (PoW/PoS): C11 / SHA256d
Block Time (PoW/PoS): 2 minutes / 2 minutes
Maturity: 25 blocks
Difficulty Retargeting: every block
Total Supply: 75,000,000
Masternode Rewards: %60 of the POS blocks since block 50
PoS coins maturation: 25 blocks
PoW Rewards: Since block 1= 100,000 (Premine) Since block 2= 0.5
PoS Rewards: Since block 50=1
License
XYCoin is released under the terms of the MIT license. See COPYING for more information or see http://opensource.org/licenses/MIT.

For more info check out our coins white paper: http://www.xycoin.ml/Whitepaper-XY-Coin.pdf

This Is An Updated Bitcoin Talk From An Old Post, Which Had All Our Old Info And Details