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    What is xBit ?

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    • What is xBit ?
    4.34K viewsApril 11, 2018
    xGroup Support83 April 11, 2018 0 Comments
    xGroup Support Changed status to publish April 11, 2018
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    xGroup Support83 Posted April 11, 2018 0 Comments

    xBIT represents the first truly “high-volume, socially conscious crypto-currency” unit that is designed with NO price volatility. xBIT can offer real stability in an otherwise chaotic crypto-world. Built on its own designated platform, XBIT’s sociability transcends the current issues of over-priced, volatile gas costs by transacting all operations with a very low constant fee structure built into the smart contract. Fees generated are used to maintain the systems low transactional costs. And, as these costs are built directly into the smart contract there is no downtime for mining etc. . Completed transactions are immediate, and appear on the blockchain ledger. And this immediacy, reduces all frictions associated with cost and middle parties. As noted, xBIT is an all inclusive socially responsible crypto currency: with no mining, there is no need for endless systems of computers burning up power for the sole purpose of verifying transactions towards the addition of another block on a chain of blocks. No, xBIT is self contained and self reliant, using its transparency to populate the social market xBIT represents a step up in the crypto world: We are currently inundated with many crypto currencies all vying for the prize of most highly valued Coin, or the Coin with the most Stored Value. This is entirely alien to the true nature of crypto currency. Crypto Currency needs to be liberated and democratized and available to real use for everyone. xBIT it just that, valued at a percentage of gold, usable, exchangeable, tradable, and useful. xBIT is the easy choice for your Crypto Wallet.

    xGroup Support Changed status to publish April 11, 2018
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