According to XEN's white paper, XEN's goal is to become a community-built encrypted asset that realizes the original mission of the blockchain: decentralization, transparency, censorship resistance, peer-to-peer value exchange, and ownership. XEN allows users to enter with the lowest threshold through its unique economical design.
The original intention of the team to design XEN is that encrypted assets are polarized, well-known assets are constantly overbought and then sold; non-famous assets have been ignored by many investors for a long time, and are pre-mined by the founding team and giant whales and then sold. XEN solves these two problems through fair distribution.
XEN aims to empower individuals, without pre-mined coins, without administrator private keys, contracts cannot be tampered with, centralized transactions are not launched, 100% transparent and on-chain.
How did XEN Crypto come about?
XEN adopts the PoP (Proof of Participation) mining mechanism. XEN mining participants own the ownership of the mined XEN tokens. As the number of participants increases, the mining difficulty increases and the supply decreases. There is no need to lock or pledge any assets to obtain XEN tokens, just connect the wallet to mint.
Who is the founder of XEN Crypto?
On August 13, 2022, Jack Levin tweeted about the FairCrypto Foundation and XEN Crypto's vision, developed by partners, with team members including computer science, communications, software and product development, marketing and investment. The goal of the FairCrypto Foundation is to realize its vision by educating, organizing and launching blockchain projects. Jack Levin is an open source technology expert and claims to be Google's No. 21 employee (1999-2005), but according to the public information inquired by PANews, Google's No. 21 employee is Marissa Mayer, who served as Yahoo's CEO, but according to multiple sources It is revealed that Jack Levin is indeed an early employee of Google, but his LinkedIn has not yet shown the experience of XEN Crypto.
In the last 24 hours, XEN Crypto has consumed 1431.14 ETH in gas fees.
