Alloy Project

The Next Generation Anonymous Cryptocurrency


Decentralized cryptocurrencies are slowly becoming a part of normal everyday life, adapting to create a new revolutionary economy based on digital money. Alloy allows anyone to send money digitally over our decentralized blockchain instantly, anywhere in the world, to anyone in the world, anonymously.

Max supply: ~84 million · PoW algorithm: Alloy-CryptoNight · Difficulty algorithm: Alloy-Difficulty
Block reward: 72 XAO · Block time: 180 seconds

 

Alloy Project

The Next Generation Anonymous Cryptocurrency


Decentralized cryptocurrencies are slowly becoming a part of normal everyday life, adapting to create a new revolutionary economy based on digital money. Alloy allows anyone to send money digitally over our decentralized blockchain instantly, anywhere in the world, to anyone in the world, anonymously.

Max supply: ~84 million · PoW algorithm: Alloy-Cryptonight · Difficulty algorithm: Alloy-Difficulty
Block reward: 74 XAO · Block time: 180 seconds

 

A private, fast and efficient Cryptocurrency.


Secure

Each transaction is secured with robust cryptography and distributed through a global peer-to-peer consensus network.

Private

Alloy utilizes a cryptographic system to transfer funds without exposing any information of any user on the blockchain.

Untraceable

Alloy uses ring signatures to make transactions untraceable, meaning it is very difficult for blockchain analysis to determine if funds have been spent.

Limited Supply

No more than, 84 million Alloy will ever exist.

Fast syncing

Alloy's block time is over x3 faster than Bitcoin, and uses the Alloy-Cryptonight mining algorithm.

ASIC Resistant

Alloy uses it's own Alloy-CryptoNight algorithm which is ASIC resistant and, is minable on CPU and GPU hardware.

Low Fees

Alloy allows anyone to transfer money with nearly zero fees...

 

 

True Privacy

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.

 

Fast Transactions

3 minutes block times assure for fast transactions and miner friendliness.

 

Easy To Mine

Difficulty changes along a smooth curve to assure a fair and equitable experience for miners.

 

Strong Security

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.

 

Supply & Emission

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: Alloy-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.

 


 

Vision

Alloy was designed with idea of anonymity and untracability in mind. In todays world where your every step is regulated by authorities, Alloy used blockchain technology to resist. It is our primal right to manage our assets independently, without control! The question is : »what will you do about it?«

On stable and secured blockchain, based on annonimous and untracable CryptoNote protocol, decentralised exchange will be established. Decentralised exchanges (DEX) are the future of crypto trading. It won't take long before DEX overcome current centralised exchanges, as they have some very obvious advantages such as trustless nature (users hold their funds in their personal wallets), privacy (no personal details required), no risk for server downtime (nodes system), no risk of funds being stolen (no "honeypot"). Alloy DEX will become a base for all the future work of the project. More outside developers will be attracted to use Alloy blockchain and DEX as a base for working on their ideas and therefore add more unique »extensions« and use cases. Creativity, unique ideas, innovation, talent, vision ... only sky is the limit!

Alloy was designed with perfect features to become payment method. Secure, private, untracable, fast with practically zero fees are just some of them. Blockchain and cryptocurrencies are the revolution of financial system, more and more companies and individuals are on the verge of this. Banks are slow, expensive, rigid, centralised, to mention just some of downsides of current financial system. The time of change is coming! Alloy is not limited to »cryptoworld«, it will be implemented as payment method in real world companies, and in time will be used by companies and individuals around the globe.

 

XAO coin use

Payment method – XAO coin will be used as payment for services or goods. Traditional way of paying with cash or credit card, as you know it today, will soon be replaced with cryptocurrencies. XAO is one of them which aim is take a role of payment method (what you today know as cash, credit card, check), with unique features such as secure, private, untracable, fast with practically zero fees to mention just some of them.

Alloy decentralised exchange will only take listing fees in XAO currency. Each project/cryptocurrency that will be listed on Alloy DEX will pay certain amount of XAO for listing. What is more, trading fees on Alloy DEX will be charged in XAO currency. This will create constant demand for XAO coin and alot of circulation.

Unknown – Once Alloy DEX is up and running, more outside developers will start using Alloy blockchain and DEX as a base for their work. This will provide with to date unknown possibilities and use cases for Alloy Project and XAO currency.

 

 

Our community is growing day by day, join us!


 

 

Wallet Releases


You can also generate a paper wallet from alloyproject.org/paperwallet
Test out your wallet and get free Alloy every day on alloyfaucet.com

 

 

Roadmap


Q1 2018 -- January 1, 2018 to March 31, 2018
  • Genesis block
  • Command line wallet
  • Social media channels
  • Website
  • Web faucet
  • First exchange listing (Tradeogre)
  • Alloy fee optimiser
  • Short interval unconfirmed transaction timeouts

 

Q2 2018 -- April 1, 2018 to June 30, 2018
  • Linux / Mac / Windows wallets
  • Difficulty adjustment algo change
  • New Alloy-Cryptonight PoW algorithm which is resistant to ASICs, botnets and mining rental services.
  • Second and third exchange listing (Altex, Maplechange)

 

Q3 2018 -- July 1, 2018 to September 30, 2018
  • Web Browser powered mining
  • Comprehensive Web Wallet with PaymentID Generator
  • First merchant integration plugins
  • Website update
  • Alloy Project Wiki

 

Q4 2018 -- October 1, 2018 to December 31, 2018
  • Alloy decentralised exchange Alpha preview
  • Expanding merchant integrations
  • Marketing/Connecting with potential merchant platform users to implement XAO as payment
  • First usage of XAO as real world payment for products/services
  • Cross-platform Electron wallet
  • Mobile IOS/Android Wallet
  • Lightpaper
  • Marketing
  • RingCT support (requires hard fork)

 

Q1 2019 -- January 1, 2019 to March 31, 2019
  • Whitepaper
  • Alloy decentralised exchange beta release
  • Web Browser Extension Wallet
  • Finalisation of merchant integrations
  • Further business networking
  • Expanding usage of XAO as payment method
  • CoinMarketCap listing
  • Website update
  • Middle range exchange listing
  • Marketing

 

Q2 2019 -- April 1, 2019 to June 30, 2019
  • Alloy Decentralised exchange final release
  • Encrypted Private Chat (Private and Scalable P2P messaging system on the Alloy Network; Chat functionality integrated within Wallet application; Decoy message technology)

 

Later 2019:
  • Implementation of XAO as payment method in real-world companies
  • Implementation of XAO as utility token in real-world companies in connection with Alloy DEX
  • Expanding developement team
  • Developement of extensions on top of Alloy DEX
  • Listing on one of top 30 exchanges

 

 

F.A.Q


Why should I invest in Alloy?

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.

 

What’s the long term plans for Alloy?

We have a comprehensive roadmap that details the new feature we plan to integrate into Alloy.

 

Where can I read your whitepapers?

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.

 

What does the team intend to do with premined coins?

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.

 

 

Development Team


  • Nighthawk
      Core Dev
  • Kh4n
      Core Dev
  • OxHaK
      Core Dev

Community / Business Team


  • LukaL
      Community Manager

    Education : Degree in economics - management
    Specialisation : Management of small scale business
    10 years of experiences of managing multiple small companies and sports organisations
    1.5 years of experiences with cryptocurrencies, worked for several cryptocurrencies projects