XELIS XEL / XELIS

XELIS is the world's first BlockDAG with Privacy, Speed, Scalability and Smart Contracts.

Built from scratch with a focus on privacy, scalability, and ease of use, it is a decentralized network that allows users to send and receive transactions without the need for a central authority.

The project was started in 2021 by a group of developers who wanted to create a cryptocurrency that was more secure, private, and scalable than existing options. The goal of XELIS is to provide a platform that is easy to use, secure, and private, while also being scalable enough to handle a large number of transactions.

To achieve this, XELIS has implemented a number of innovative features, including a new hashing algorithm, a blockDAG structure, and a number of privacy-enhancing technologies (Homomorphic Encryption and Zero-Knowledge Proofs).

XELIS supports Smart Contracts, allowing developers to create decentralized applications and confidential assets directly on the network. Smart Contracts on XELIS are powered by XVM (XELIS Virtual Machine) and written in Silex, a statically typed language built from scratch for ease of use, performance, and security.

Built using Rust and powered by Tokio async runtime, XELIS is designed to be fast, efficient, and secure.