WTF is Xelis?! The Next Kaspa?

WTF is Xelis?! The Next Kaspa?

what’s up Sons it’s blind rod with sun
VCH once again and today we’re here to
ask and answer the simple question WTF
is zealous blockchain in the background
you can see I am currently mining it
that’s about 8 RTX 30 60s and it’s on
vast AI because frankly it’s extremely
profitable to mine even with the rental
costs of vast AI which is a Big Driver
behind a lot of people discovering this
particular project now the reason we’re
already talking about it on YouTube is
because it has been basically already
announced and listed on exatron so you
can purchase and sell there meaning it
negates any sort of speculative Minds it
has already had how to mine video from
rabid mining which I will link down
below and it’s pretty much off to the
racis for this particular project now
here’s what’s interesting it’s already
block d it’s already rust it already has
plans for smart contracts it sounds like
a Caspa clone but if you thought it was
a fork of Caspa well you’d be wrong
because zealous is a from scratch
blockchain made in Rust and powered by
Tokyo that means that this has been in
development for a few years already
prior to the launch of Caspa and Caspa
doesn’t even have rust fully implemented
into its official release at this point
a few other not notes here from a
technical perspective is that pruning
was launched with this project right off
the bat and from my knowledge we do have
users already running archival notes so
we shouldn’t run into the pesky problem
of missing transactions like Casa did I
would be a Miss though if I didn’t
announce some of the negatives for this
particular project which is going to be
developer fees now it has a 15%
developer fee from block zero to block 1
1,250,000 10% from
1,250,000 to 3 million and 5% from 3
million and on hopefully this gets
completely removed at some point there’s
a lot of contention surrounding
developer fees across the board and this
is going to be another one of those
projects not dissimilar from Graham that
has a bunch of fees getting tagged on to
the miners unfortunately not only do you
have the developer fee here but all of
the miners have significantly higher
fees than traditionally found on GPU
minable coins you do have a CPU Miner
and a GPU Miner available of course the
CPU Miner is not going to have near as
many thieves but if you take a look over
here what we have is the Alla if you’re
not familiar with the Alla the Alla is a
developer for bit streams for
fpga and has been famously making fpga
bit streams for quite some time
including ones for radiant as well as
Caspa as well as athum so this means
that more than likely I would expect to
see some sort of fpgas Hit the market
and be mining this network at some point
in the near future that being said uh
that’s another reason why I’m talking
about this on YouTube right now because
as GPU miners this is kind of going to
be your last chance but what is the
problem with this particular one as well
well it has a 10% fee so if you’re
mining it right now which is going to
require that you build your own node and
maintain your own infrastructure from
that perspective you are basically
paying 10% for the GPU minor and then
another 15% for or to the devs per block
that you find which is pretty crazy if
you ask me that’s a 25% knockoff and
then you still have to fight with
exchange fees on exatron and of course
transaction fees and all of that so keep
that in mind but even with all of that
being said it’s extremely profitable and
that’s why you will start to see people
hop on to it what do you guys think
about this project super interesting
super crazy that it wasn’t a fork of
Caspa so that definitely sets it apart
in my mind a little disappointing on the
developer fee side of things and the
minor fee side of things but the the
other thing here that I’m really
interested in is is the Privacy portion
of this which basically hasn’t you know
isn’t being done by a majority of forks
of Caspa we don’t have a ton of privacy
options there so there is that privacy
option here as well I would presume if
it becomes extremely successful that we
will see a64 in the future but I don’t
have a full view yet of what the
algorithm really entails but seeing that
it is minable on CPUs A6 should be
pretty easy to develop for it and as we
know in the past if there’s a profitable
small cap cryptocurrency that can be
manipulated by large Asic manufacturers
well they will sure as heck do it I will
see you next Tuesday

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Resources
https://exbitron.com/trade
https://xelis.io/
https://github.com/3DP-The-AllFather/xelis-gpu-miner

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