
LAUNCH DATE: TUESDAY AUGUST 5th, 2014
Xryptbit is a new crytocurrency that uses the Qubit algorithm (Luffa, Cubehash, Shavite, Simd and Echo).
Our developers tested multiple algorithms before making a decision on this coin, including x11, x13 and x15.
Qubit miner can be used to mine Xryptbit

2% The premine will be held in a public address, once it is converted into BTC, that same address will be made public for the community.
The premine will be used to fund development, keep the nodes active, mixing service, payment network and NFC cards.

To avoid multipool attacks Xryptbit implements a custom version of KGW.

1st 200 blocks: 0.05 to prevent instant mining
After the first 200 blocks the reward increases to 60



listen=1
server=1
daemon=1
GEN=0
rpcuser=user
rpcpassword=pass
maxconnections=100
rpcconnect=127.0.0.1
rpcallowip=*
rpcport=9393

XCRYPTCLEAN This web-based service will allow members to hide the trace of a transaction. When a transaction is made, coins will go through a process of re-minting, which means that the end user will receive a freshly minted coin, thus hiding the trace and giving users a transaction that is 100% anonymous.
XRYPTPAY This service makes it easy for everyone to send and receive Xryptbit regardless of the users technical or market knowledge. By implementing NFC technology, Xryptpay creates a secure vehicle to transport your digital currency, offering merchants a simple and hassle free payment platform that adapts to todays rapidly growing crypto market.
XRYPTREWARD - This service will log users mining activity, rewarding automatically those members of the community that show the most loyalty and dedication.