Distributed Trust coin

XDT - a novel cryptocurrency without miners or blocks and with a unique security mechanism. In XDT the risk of a double-spend is reduced by transferring coins via one or more random intermediate addresses of the network. As the probability of being selected to participate as an intermediary is proportional to the balance of the address, on average the most wealthy addresses bear the largest risk of double-spending but also stand to gain the most rewards from transaction fees.


Crowdsale halted due to problem identified with the XDT protocol

All XDT coins will be distributed to participants proportional to their contribution. There is no pre-sale, no pre-mine, no airdrops, etc. and no coins reserved for the XDT team. The total supply is planned to be 2^46 indivisible coins, and since there is no mining either, additional coins will never be created.

Estimated timeline for network launch

150 % bonus period: further details revealed in this thread
120 % bonus period: decision to launch the network, draft whitepaper
Before end of crowdsale: whitepaper 1.0
2018Q1: prototype implementation following draft technical spec
2018Q2: technical spec 1.0, GUI wallet under development
2018H2: GUI wallet 1.0, XDT network running in production


Feature comparison

Artificially limited maximum transactions / s?
No: XDT, XMR
Yes: BTC, LTC, ETH

Transactions validated by
XDT: sender, receiver and one (or more) random wallets
BTC, LTC, ETH, BCH, ...: Miners

Double-spend protection achieved by
XDT: coins received through random addresses of the network
BCT, LTC, ETH, BCH, ...: waiting for enough confirmations

Transaction fees
Yes: XDT, BTC, LTC, ETH


More info

Further details will be revealed in this thread. Please don't hesitate to post if you have any questions, comments, concerns, etc.