Introduction:
XcelDefi is a new cryptocurrency with high potential and a low market cap. It is based on the Smart Chain contracts, which allows for faster transactions and lower transaction fees. Democratic distribution of cryptocurrency ownership is also possible using the cryptocurrency.
Details about the XcelDefi:
XcelDefi is a decetralized , peer-to-peer, open source cryptocurrency. The basic philosophy behind XcelDefi is to create a self-sustainable ecosystem of a cryptocurrency. The XcelDefi project aims to improve the existing cryptocurrencies in the market and address their shortcomings.
What XcelDefi Really Does:
The XcelLab Ecosystem benefits from the Defi token. This decentralized exchange offers a better look at the world in which we live. It is online and accessible, allowing for quick and easy transactions with other users. It is also available as an app or website interface. The company is run by an experienced team of financial experts who created this project to make it easier for people to transact with cryptocurrency without having any prior knowledge about how tokens work or what they represent. They have developed their own blockchain platform that offers all these features as well as many more options for users like instant payments and multiple wallets on one device which can be used across various platforms including Android & iOS devices.
The major areas of improvements are:
1. Scalability:
XcelDefi solves the scalability issue by using the Smart Chain contracts, which is an innovation developed by XcelDefi team. It makes it possible to process more transactions per second than other blockchains (in comparison, Bitcoin can process only around 7 transactions per second).
2. Governance:
This means that a community or group of people can come together and decide on how the currency should be governed.
3. Distribution:
XcelDefi has a unique way of distributing the currency. It uses a mechanism called “smart drop”, which allows for democratic distribution of cryptocurrency ownership.
4. Energy efficiency:
XcelDefi is more energy efficient than other cryptocurrencies, since it requires less computing power to process transactions and their proof-of-work concept is different from other cryptocurrencies.
5. Anonymity:
The transaction on the blockchain are transparent, but it can be made private using the Masternode system (explained later).
6. Scalability:
Scalability and privacy are achieved through the use of Masternodes in combination with Smart Chain Contracts (SCC) which makes it possible to process more transactions per second and provides privacy.
The XcelDefi cryptocurrency is based on the Smart Chain contracts which is a unique innovation developed by the XcelDefi team. It allows for faster transactions and lower transaction fees. The core philosophy behind the technology is to create a self-sustainable ecosystem of a cryptocurrency. The XcelDefi project aims to improve existing cryptocurrencies in the market and address their shortcomings.
Team:
Their hard working team members.
Why it is good project for crypto lovers?
It is a decentralized payment system that gives users control of their own finances. Users can store their money in a wallet, send and receive payments, as well as manage their expenses like bills and subscriptions. They can also use the currency to pay for goods and services from merchants who have integrated XcelDefi payment technology into their business.
Users can choose whether they want to store their funds in a mobile wallet for daily transactions or a desktop wallet for larger assets. Transactions are securely verified by miners who are rewarded with XcelDefi coins every time they complete a transaction (miners are explained later in this article).
Conclusion:
XcelDefi is a cryptocurrency project which has been in development for over two years. It is the world’s first decentralized payment system. XcelDefi aims to provide users with a secure, private and efficient financial system that allows them to store, send and receive money immediately. XcelDefi is also more energy efficient than other cryptocurrencies, since it requires less computing power to process transactions and their proof-of-work concept is different from other cryptocurrencies.
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Official:
Website: https://xceldefi.com/
Whitepaper: https://xceldefi.com/whitepaper
Telegram: https://t.me/XcelToken
coinmarketcap: https://coinmarketcap.com/currencies/xcel-swap/
Instagram: https://www.instagram.com/xceldefi/
Facebook: https://web.facebook.com/XcelDefiOfficial?_rdc=1&_rdr
App Store: https://apps.apple.com/us/app/xcelpay-secure-crypto-wallet/id1461215417
Google Play: https://play.google.com/store/apps/details?id=com.XcelTrip.XcelPay
Twitter: https://twitter.com/XcelDefi
Reddit: https://www.reddit.com/r/xcellab
Owner info:
Forum Username: MoneyCryptor520
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2243921;sa=summary
Proof of Authentication: https://bitcointalk.org/index.php?topic=5374519.msg58841580#msg58841580
Telegram Username: @MoneyCryptor520
BSC address (from XcelPay Wallet): 0xB10b168f4B64ED3a0c36C169D01bd7408e5358B5