ColossusXT (ticker: COLX) is a digital currency project that emerged from a rebrand of a previous coin, ColossusCoin2 (CV2). Its mission is to be a decentralized, private, and community-governed cryptocurrency. The project emphasizes user privacy through the Zerocoin protocol and aims to build a decentralized network for shared resources, referred to as the "Colossus Grid." It operates on a Proof-of-Stake (PoS) consensus mechanism, rewarding users for holding coins (staking) and for running masternodes, which help secure and govern the network.

Founded in

United States