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Crux Decussata
Crux Decussata is a cryptocurrency created by X.com that was established to support principles outlined in the Cypherpunk Manifesto promoting decentralization. The project operates under the domain ☓.com (punycode: xn--33h.com), a name for the Saltire or "Crux Decussata," distinct from Elon Musk's x.com. [10]
Overview
Crux Decussata's domain was originally used for Herbert Sim’s Crypto Chain University (CCU), a research initiative among cypherpunks, the domain was acquired by Crux Decussata's anonymous founder, known as "The Dev" or "CP33," on July 11, 2023. The $X token was then discreetly launched under this domain on August 1, 2023. [10]
Ecosystem
XChain
XChain is a Layer 2 parallel subnetwork (L2PS) operating under the DEMOS Network framework, designed to facilitate efficient and secure data exchange through encrypted communication channels. This network certifies data types without the need for immediate finality, employing cryptographic identity verification for verifiable attestations integrated into the broader DEMOS consensus. [1][2][3]
XChain nodes function independently while aligning with both DEMOS and L2PS compliance standards, enhancing security and reliability. The system supports privacy measures, including an integrated Zero-Knowledge (ZK) module for data confidentiality, which allows proof of information without disclosing its content. Users can run XChain nodes by meeting defined hardware and security criteria. [4][5]
XMessenger
XMessenger is an instant messaging system built on XChain, leveraging its L2PS capabilities for efficient data exchange. The XMessenger Protocol Communication (XMPC) standardizes communication, while XChain nodes connected to the DEMOS Network can submit data attestations for consensus inclusion. [7]
The integration of a Zero-Knowledge (ZK) module in XMessenger enhances privacy, security, and scalability. This allows for transaction validation without revealing sensitive information, ensuring confidentiality, preventing fraud, and supporting a trustless environment for user verification. [6]
XNFT
XNFTs serve as identification within the X Network, functioning as a digital "passport" that grants utility to holders. These tokens also entitle holders to a share of the revenue generated by the specific XNode to which they are staked. [9]
Tokenomics
Crux Decussata Token ($X)
The $X token, an ERC-20 token on the Ethereum blockchain with a fixed supply of 100 million, is integral to Crux Decussata's tokenomics. Holders of $X gain access to additional platform features and receive a share of platform revenue. The platform charges a fee of 0.5% to 1% per transaction, and revenue is distributed monthly as follows: 60% as revenue share to token holders, 30% for buyback and burning of $X tokens to support value, and 10% allocated to platform operations. [8]
Crux Decussata
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November 3, 2024
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REFERENCES
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