Italo Network (XTA) is a hidden cryptocurrency network based on the CryptoNote protocol, with low supply and low emissions. XTA has a "soft emission curve" — a variant of the CryptoNote emission curve with a 75% reduction in block reward rate, designed to maintain value through low annual inflation and incentivize fair ASIC-resistant mining for decades rather than years.

Project Mission

XTA’s mission is to create a low-cost, secure, private and anti-attack payment network by combining two key points of innovation, namely Hashplug and Fair-Fee Algo. Combining both, XTA will create an alternative proof-of-work network that is democratic, equitable and more energy-efficient.

Project Highlights

Safety
Italocoin is committed to providing maximum decentralization. You don't have to trust anyone else on the network, and it doesn't run by any large group. Italocoin can be easily mined on a normal computer with the accessible Proof of Work algorithm, making it even more difficult for someone to buy a lot of mining capabilities.

Anonymous
Transaction privacy is protected by a secure password setting "RingConfidential Transaction" (RingCT), where the minimum ringsize (mixed) is 11 to hide the source/amount transferred and make it highly resistant to any blockchain analytics, thus making no one able to identify who remitted money, who came the payee is, and how much money was transferred.

Efficient Trading
Italocoin uses a confidential transaction protocol, which uses a mathematical proof called "bulletproof" to make sending currencies cheaper and more data efficient. This makes the currency more attractive and people can use it efficiently and cheaply. Remember that "Bulletproofs PAD" reduces TX size by 82%, meaning a 82% reduction in fees!

Deflation
As emissions become less and less, italocoins gradually become more and more expensive as time goes by. The number of Italocoin issued every 120 seconds decreased slightly, and as a result, the value of Italocoin increased and the exchange rate increased. And because Italocoin's emissions are slowly decreasing, the currency can be protected from economic shocks.

Technical Features

Simple, once and for all universal mining
Italo Network offers opportunities for global economic integration by providing easy-to-use mining and thin client applications for a wide range of devices, from smartphones and smart TVs to tablets and desktops. Each device will be able to take full advantage of unused computing power and can access its own device-specific XTA address for optimal hash rate allocation.

PAD-adjusted bulletproof (PAB)
Italo implements a PAD-tuned version of Bulletproofs based on the latest Monero code base, a trustless setup, zero-knowledge proof protocol for single- and multi-range proofs. This reduces transaction fees and storage requirements by 82% on average, while significantly increasing blockchain synchronization time and block verification performance. Combined with RingCT fuzzing, XTA can effectively guarantee the privacy of end users.

Integrated merchant adopts tools
XTA’s mining and thin client applications will seamlessly integrate into our customized merchant tools, allowing end users to easily use the XTA they mine and receive for goods and services through online and locally engaged merchants.

Fair Charging Algorithm
Italo's important contribution to the cryptocurrency space solves the double-sided bulletproof challenge, which allows attackers to spam the network by creating very large transactions without being strictly restricted. Italo's Fair-Fee Algo ensures low transaction fees and achieves smooth fee scalability through output quantities, preventing DDoS and spam attacks the network. Fair-Fee Algo supports users and merchants by creating a truly economical and secure global value transfer network.

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