Mission Statement:
To build a truly decentralized grid platform that 
caters to the privacy of its users.

The Problem:
A growing need for computing power without the 
crutch of centralization and the breach of 
users' privacy.

Issues defined:
1) Computing power is the basis for all modern 
   human activity.
2) Computational ability is reaching a ceiling.
3) Access to powerful computers has always been 
   under the purview of governments or the 
   richest of technology companies.
4) The centralized cloud computing market is 
   dominated by a select few entities.
5) None of the current distributed computing 
   platforms are addressing user privacy effectively.

The solution:
A full-scale transition to distributed systems that 
cater to privacy has finally become a viable option;
Colossus coin is the best privacy cryptocurrency
Colossusˣᵗ (ticker: COLX) is a community-
orientated, energy efficient coin with a
strong focus on decentralization, privacy,
and real-world implementation.
It utilizes an energy efficient Proof of Stake 
3.0 protocol and a second-tier Masternode 
network for inclusive community-based governance 
along with a blockchain based self-funding treasury 
system ensuring its sustainability. 
In order to reach this level of usability, 
COLX is continually evolving.

The goal of COLX is to be an advanced digital 
currency that is fast, secure, decentralized, 
private, and connects all of its users for a 
greater purpose as part of the Colossus Grid.

Colossus Grid is an ambitious project that aims 
to reward individuals for voluntary grid 
contributions. 
With this, Colossusˣᵗ seeks to compete in the 
global market for distributed computing power 
and decentralized storage all while riding 
on the backbone of a world class 
privacy blockchain.

Mission Statement:
To build a truly decentralized grid platform that caters to the privacy of its users.

The Problem:
A growing need for computing power without the crutch of centralization and the breach of users' privacy.

Issues defined:
1) Computing power is the basis for all modern human activity
2) Computational ability is reaching a ceiling
3) Access to powerful computers has always been under the purview of governments or the richest of technology companies
4) The centralized cloud computing market is dominated by a select few entities
5) None of the current distributed computing platforms are addressing user privacy effectively

The solution:
A full-scale transition to distributed systems that cater to privacy has finally become a viable option;

ColossusXT is an open source, community driven, environmentally conscious cryptocurrency and an alternative to bitcoin that features better anonymity. It allows people to store and invest their wealth in a non-government controlled currency and make almost instantaneous and completely anonymous transfers with close to zero fees. Colossuscoin was founded as an long-standing, energy-efficient and environmentally friendly digital cryptocurrency and this concept is being continued.

Mandatory Update

Mandatory Update to COLX Core Version 1.1.0

COLX Core v1.1.0 is a mandatory update for all users. Zerocoin protocol will be active since block 500'000 (approximately 17.09.2018) - it is grace period to update wallets. Since block 500'000 old wallets will not be able to connect to the network.

Learn More

A privacy-centric, energy-efficient, decentralized, open-source, peer-to-peer (P2P) digital currency with instant and anonymous transactions.
A two tier network based on the popular Bitcoin core software, utilises Masternodes and Proof of Stake 3.0 protocol for securing its network which gives it unmatched stability and easy accessibility.

Exciting Tech

Atomic Swaps | Proof of Stake 3.0 protocol | Masternodes | SwiftTX Instant Transactions | Private Instant Verified Transactions | Zerocoin Protocol | I2P Privacy Network Layer (Coming Soon)

Energy and Cost Efficiency

Proof of Stake is a highly energy efficient method of securing a coin's blockchain. Mining does not require the intense computing power, only a small amount of CPU power.

Masternodes

Masternode technology is used for securing the network with a positive side effect of stabilizing the market price. Holders are rewarded with block rewards.

Extra Privacy

Full privacy is secured by technology making the transactions untraceable. Anonymous transactions are achieved by using the Obfuscation Mixing Mechanism. It allows mixing of coins through the masternode network to make those amount of coins much harder to trace in the blockchain.

Instant Transactions

Transfer your money instantly with SwiftTX, guaranteed zero confirmation transactions. This allows the network to function at optimal efficiency and guarantee steady transaction processing.

Secure Transactions

Public-key cryptography is employed, a process in which a pair of a public and a private cryptographic keys are generated. The core network is maintained by coin holders, and the Proof of Stake distributed consensus mechanism reduces the risk of 51% attacks.

STATS

LATEST

11. August 2018 in News

Mandatory Update to COLX Core Version 1.1.0

Mandatory Update - Update NOW COLX Core version 1.1.0 is…
Read More
11. August 2018 in News

ColossusXT big Summer Contest

$COLX is launching it's next big #contest and it starts…
Read More
31. July 2018 in News

ColossusXT is listed on Titan Masternodes

COLX is now live on Titan Masternodes. Join the shared…
Read More
27. July 2018 in News

Purchase COLX directly through our website

COLX community, The ColosssusXT can now be purchased directly through…
Read More
21. June 2018 in News

Mandatory Update to COLX Core Version 1.0.5

  This is a new minor-revision version release, including various…
Read More
31. May 2018 in News

Mandatory Update to COLX Core Version 1.0.4

 Mandatory Update - Update NOW COLX Core version 1.0.4 is…
Read More

COIN DETAILS

PoW Algorithm
Quark
Ticker
COLX
Block Time
60 seconds with re-targeting after every block
Total Supply
(from PoW phase, incl. pre-mine)
12,025,310,000 COLX
Port
51572
Minted Confirmations
90
Transactions Confirmations
6
Masternodes
10,000,000 COLX per Masternode  

(Multiple masternodes per wallet, requires a VPS)

Stake min age
8 hours
Transaction Fee
10 COLX/kB Coin Fee on transactions

PoW SCHEDULE

Block 1
12 Billion COLX pre-mined

Reserved for a coin swap and four initial Masternodes.  All initial Masternodes and colx not used in the swap has been destroyed.  No pre-mined colx remains with the development team.

Blocks 2 – 10,124                                    
PoW 2500 Coins per Block for 10,123 Blocks
Blocks 10,125 – 151,200
2500 COLX
Blocks 151,201 – 302,399
1250 COLX
Blocks 302,400 – 388,000
1000 COLX
Blocks 388,000- Infinite
1500 COLX
100% distributed to stake wallet and Masternodes
Until block 388,000, after block 388,000 it will be 80% (1200 COLX per block) (see masternode proposals)
10% (150 COLX per Block) to masternode proposals
Masternode proposals (Decentralized Governance and Budget Funding) will begin to commence on block > 388,000. Masternode Owners have to actively create proposals which help the development of Colx.
10% (150 COLX per Block) to the official developer Fund
Budget supports funding the development of the ColossusXT project toward our roadmap goals and to cover maintenance costs.

EXCHANGES

COLX/BTC

Tradesatoshi Main Market
COLX/BCHCOLX/LTCCOLX/DOGE
Tradesatoshi other Markets

COLX/BTC

CryptoBridge BTC/COLX Market

COLX/LTC

CryptoBridge LTC/COLX Market

COLX Atomic Swapping

Trade/Swap between multiple coin pairs

COLX/BTC

Cryptopia BTC/COLX Market

COLX/LTC

Cryptopia LTC/COLX Market

COLX/BTC

BiteBTC BTC/COLX Market

COLX/ETH

BiteBTC ETH/COLX Market

COLX Atomic Swapping

Trade/Swap between multiple coin pairs

COLX/BTC

Coinsmarkets.com Main Market

Note: Coinsmarkets Exchange has 9 digits, instead of the normal 8 digits (on NovaExchange etc.)

COLX/BTC

Masternodexchange.com Main Market

Interested in buying COLX?

Cryptopia Exchange is the newest exchange to obtain COLX.

Take me to the Exchange

Join us on discord.