Each transaction is secured with robust cryptography and distributed through a global peer-to-peer consensus network.
Alloy utilizes a cryptographic system to transfer funds without exposing any information of any user on the blockchain.
Alloy uses ring signatures to make transactions untraceable, meaning it is very difficult for blockchain analysis to determine if funds have been spent.
No more than, 84 million Alloy will ever exist.
Alloy's block time is over x3 faster than Bitcoin, and uses the CryptoNight mining algorithm.
Alloy uses the CryptoNight algorithm which is ASIC resistant and, is minable on CPU and GPU hardware.
Alloy allows anyone to transfer money with nearly zero fees...
Alloy is one of a few rare cryptocurrencies with true privacy - a feature that makes digital currency act like physical cash and be essentially untraceable. Alloy is created with high level of secrecy in mind, leveraging Ring Signatures to conceal sources/amounts transferred and make it highly resistant to blockchain-analysis attacks and general snooping.
3 minutes block times assure for fast transactions and miner friendliness.
Difficulty changes along a smooth curve to assure a fair and equitable experience for miners.
Alloy utilizes the power of a distributed peer-to-peer consensus network and every transaction is cryptographically secured. Individual accounts have a mnemonic seed displayed when created, which can be written down to back up the account and account files are encrypted with a passphrase to ensure they additionally protected.
Total supply: 84M coins in 20 years, then additional coins each year for inflation. Approximately 5% was premined and allocated for future development.
Coin symbol: XAO.
Hash algorithm: CryptoNight (Proof-Of-Work).
Block time: 180 seconds.
Emission scheme: Alloy's block reward changes every number of block following a hill like distribution. However, the emission path of Alloy is generally not far apart from that of Bitcoin.
Alloy was created with long-term ecosystem vision in mind with a comprehensive roadmap of new functionality for the privacy conscious individual.
Alloy’s team is comprised of a collection of seasoned crypto-engineers that want to reshape the path of privacy technology.
Alloy’s fundamental base of code is well known and rigorously tested. It provides a stable base from which to grow and add revolutionary new features.
We have a comprehensive roadmap that details the new feature we plan to integrate into Alloy.
Since our codebase inherients a number of Cryptonote features, you can view the standard whitepapers here: https://lab.getmonero.org/
We plan to add white papers detailing our net new features as detailed in the roadmap.
The majority of the premined coins will be used to fund ecosystem projects and exchange listings.
We structured the project so 95% of the available coins were left for miners.