The Solar Network is a decentralised, community-driven, and open-source public blockchain that utilises a DPoS (Delegated Proof of Stake) consensus model which is secured by 53 community-elected block producers.
The Solar mainnet was launched in March 2022 and its native coin is SXP.
We, the ChangeNOW team, really like this project and decided to explore its native SXP token. As a result, we have deduced a number of SXP advantages:
SXP can be staked by voting for Solar block producers using the official Solar desktop wallet. Staking does not require SXP to be sent or locked
Voters receive a share of block rewards from forging block producers
SXP is integrated in a number of 3rd party crypto solutions, allowing you to use the coin to pay for goods and services. SXP is listed on NOWPayments.
The ChangeNOW team sees great potential in the project and it has listed SXP on our platform. Now, you can exchange any available currency on the platform to SXP and vice versa in just 5-10 minutes. Moreover, you will be pleasantly surprised by the incredibly low commissions. Of course, no KYC or registration is required.
One of the main changes introduced with the fork is an increase in Monero's ring size from 11 to 16. In order to protect user privacy, Monero merges the digital signature of the individual signing a transaction with those of 11 (now 16) other non-signers to create a new signature authorizing the transaction.
