Exohood Labs
  • 👋Hello, Explorer!
  • 🏢About US
  • 👥Our People
  • ✍️Manifesto
  • ⌛Timeline
  • ⁉️What We Do
  • 👩‍⚕️Methodology of Research
  • 🤖Artificial Intelligence
    • 🧝‍♀️Exania
      • 📄Insight Paper
      • 📄Technical Addendum
      • 📄Developers
      • 🏫AI Research Facility
      • 🛣️Roadmap
      • 🤖Telegram Bot
      • 🤖Twitter Bot
      • 🏙️Smart Cities
    • 💚Principles of Exania
  • 🖥️Data Center
  • 🖲️Graphic Engine
    • 👩‍🎨Ginette
      • 🛣️Roadmap
    • 🕹️ExoEngine
  • 🥽Virtual Reality
    • 👩‍🎤Virtalia
    • 👽Exoverse
    • 😎Eureka VR
  • ⛓️Blockchain Research
    • 🛤️ExoChain
    • 💾Eureka Blockchain
  • 🌌Quantum Research
    • ⚡Laser Communication
  • 🛡️DeFi Research
    • ⚠️Notice
    • 📄Whitepaper
    • 🛣️Roadmap
    • 🪙EXO Token
      • 💰Token Liquidity (EXO)
      • ⚫Ethereum Chain
      • 🟡BNB Chain
      • 🟣Polygon Chain
      • 🔴Tron Chain
      • 🔵Fantom Chain
      • 🔺Avalanche Chain
      • 🟤Cronos Chain
    • 🪙EXO Coin
      • ⛓️Blockchain
    • 🖥️Swap
    • 💵Fiat
    • 🎨NFT
    • 🌉Bridge
    • 💳Exowallet
    • 🌐WEB 3.0
    • 🌐WEB 4.0
    • 🚀ITO Services
    • 👁️ID Validator
    • ⛓️Smart Chain
    • 💹Staking
      • ⁉️FAQ
    • ✅MuPoS Consensus
    • ✅Become Validator
    • ❇️How to get EXO
    • 👥Community
    • ⚖️Governance
    • 💼Disclaimer
    • 📙EXO Glossary
    • 📘DeFi Glossary
    • 💬Feedback & Support
  • ☄️Space Research
    • 🛸Exo Galactic
    • 💨Space Debris Mitigation
    • 🚀Mars Colonization
    • 🌙Moon Forming Impact
    • 💫Cosmic Enigmas
    • 💧Lunar Water Purification
    • 🛰️Exosat
  • 🤖Robotic Research
  • 🧝‍♀️Longevity
  • 💾Software Research
    • 💽Eureka OS
    • 🏢Livsquare
  • 🔋Energy Research
    • 🎆Nuclear Energy Research
    • 🌪️Hydrogen Energy Research
  • ✳️Internet Research
    • 🌏Exonet
  • 💟Health Research
    • 💊Nanotechnology
    • ♥️Heart Research
    • 🍔Obesity Research
    • 🍭Diabetes Research
    • 🥗Smart Nutrition Research
  • 🥑Food Research
  • 🌱Vegan Research
  • 🍫Cacao Research
  • 🌡️Climate Research
    • 💚Climate Conscious Culture
    • 🌊Methane Clathrates in Oceanic Depths
  • RESOURCES
    • 🌐OpenExus
    • 💽Infrastructure
      • 🚦Server Status
    • 📚Open Library
    • 👩‍💻Developers
    • 👩‍🏫EXO Kids
  • 💼Company
    • 💎Awards
    • 🏛️Investors
    • 🧩Projects
    • 🔐Privacy Policy
    • 📢Brand Guidelines
    • ⚖️Regulations
    • 👥Careers
    • 📰Press Room
    • 📬Contact
Powered by GitBook
On this page
  • About EXO Coin
  • Blockchain Technical Background

Was this helpful?

  1. DeFi Research

EXO Coin

Fast - Secure - Mobile Based Cryptocurrency

About EXO Coin

EXO Coin is a mobile miner that puts a small amount of EXO into the hands of users every day, providing market liquidity and driving viral growth. We building a global technology that allows instant cryptocurrency payments. The ability to SPEND EXO instantly is only half the equation. We are developing an API that will immediately enable easy integration to ACCEPT EXO. This means it will be simple to allow an eCommerce system to give instant check out and even help easy integration into ePOS systems (electronic point of sales systems or tills).

The core of EXO Coin is open source and free to use without restrictions. We introduced some fairly radical changes to the cryptonote blockchain, consisting of a new consensus algorithm we’ve coined as Proof of Responsibility and from an entire permission-less blockchain to a Moderated Blockchain.

A Moderated Blockchain, powered by the Proof of Responsibility consensus algorithm, allow Exohood's to have more control over the blockchain while keeping a good degree of decentralization. This ultimately improves our security while making the blockchain’s commercial & economic model more attractive. Besides these main features, we’ve included a few minor changes that contributes to the blockchain’s operability and scalability.

In 2023, in order to comply with regulations and remove obstacles to the growth of the project, we migrated away from blockchain privacy with our V2 fork, and opted for a completely transparent and public blockchain.

Blockchain Technical Background

The Exohood blockchain is a UTXO-model blockchain that was originally based on the Monero/CryptoNote open-source projects, but we have since removed all the privacy features. Starting from our blockchain update, transactions and addresses are entirely public in a very similar manner to that of Bitcoin's. That puts us in line with regulators around the world.

The CryptoNote Protocol

Exohood blockchain is building on top of the CryptoNote Protocol, an open-source technology with advanced mathematical and cryptography features to empower end-users with the best available blockchain technology.

Double-Spending Proof

We have a database-driven UTXO book-keeping, meaning nobody can spend the same EXO twice.

Proof of Responsibility

Our block validation is permissioned, and those entities that are permissioned to validate blocks are contracted and monitored based on both their responsibility for using the proceeds of their validations and their good-natured participation in our network.

ExoCoin Blockchain

Although Exohood is building and forked from the Monero project and we have been implementing several unique and essential changes to the protocol, stepping closer to becoming the mass-adopted mobile cryptocurrency.

Some of the major features we have introduced enable higher transaction throughput in the blockchain and KYC & AML (Know Your Customer & Anti-Money Laundry) processes through removing all of the privacy feature in Monero.

Last updated 1 year ago

Was this helpful?

🛡️
🪙