Canxium

Miners have started burning their $OFF for more CAU rewards!

Burn 1 $OFF = Earn More 5% Mining Reward

https://x.com/canxiumchain/status/1848559455413408149

🎉🚀 Claim $OFF Now Available 🚀🎉

Hello,

We’re excited to remind you that your $OFF coin are waiting for you!

🎊 Don’t miss out on this opportunity to claim what’s yours 🌟

Token Information:
Chain Name: Canxium - ID: 3003
Chain RPC: https://rpc.canxium.org
Contract Address: 0x6c6331CA2BC039996E833479b7c13Cc62Ab5c6BA

If you have any questions or need assistance, feel free to reach out!

🥇 https://t.me/canxium

🥈 https://t.me/canxium_dino

🥉 https://t.me/canxiumofficial

Timeline:
Claim End: 12:00 AM, October 25, 2024.
Presale: October 25, 2024 - October 31, 2024.
Listing: November 1, 2024.

To claim your tokens, simply answer Yes to the Bot

Canxium will have its own unique pair of native tokens in the market:

1. Native Utility Coin $CAU: This is Canxium's native coin, denoted as $CAU, primarily used within the Canxium ecosystem to access blockchain services. Users and validators will need to hold this native coin to perform transactions and become validators, while also receiving special benefits on the platform in the future.

2. Mining Token $OFF: So far, Canxium is the only blockchain that combines both PoS and PoW consensus algorithms in an unprecedented way. PoW has been and remains the core algorithm and the essence of Canxium. After transitioning to an offline mining mechanism, we decided to release a second token in the coming days. Miners will need to hold and burn the $OFF token with each mining transaction to receive more $CAU rewards.

This dual token system will optimize the experience for users, miners, and validators, enhancing and adding more flexible business models to Canxium, aiming for a sustainable future.

Dear Dino community ⚡️⚡️⚡️

We have 2 weeks to finish the claim address configuration. After that, if you do not set up a token claim address, your tokens will be transferred to the fund for presale.

The OFF price during the pre-sale will not be fixed but will be determined by the number of people wanting to purchase it.

For example, if we have 500,000,000 that are not claimed by players. We will launch the pre-sale and accept pre-orders. Suppose 10 peoples contribute a total of 10,000 USD to the pool. When the pre-sale ends, the price of each $OFF will be 10,000 USD/500,000,000 OFF = 0.00002 USD. The entire 500 million OFF will be allocated to those 10 people at a value of 0.00002 USD per $OFF, with a vesting period of 6 months to 1 year.

After the pre-sale ends, we will list $OFF at a price 100% higher than the pre-sale price, which is 0.00004 USD.

This is an example, the final number unknown at the moment.

Type: /claim YOUR_0x_ADDRESS to the bot. Should be your own wallet address, not exchange deposit address.

OFF contract address: https://scan.canxium.org/token/0x6c6331CA2BC039996E833479b7c13Cc62Ab5c6BA

🌟🌟 The Snapshot was taken at 00:00 on October 17 🌟🌟

Season 1 has concluded successfully with a total of 60,369 players and a combined score of 305,684,451 points achieved by all players.

We will prepare an airdrop of 4.5% of the $OFF supply 🔥🔥

Equivalent to 945,000,000 $OFF for the players, with an exchange rate of 3.079 $OFF for each point in the game.

Please follow and set up your reward wallet using the command: /claim YOUR_ADDRESS
Both Canxium and ERC20 wallets are accepted.

The rewards will be automatically sent to you in the coming days. If you do not have a Canxium wallet, you can download and install it here:

https://play.google.com/store/apps/details?id=com.canxium.mobile

Canxium: Road to Decentralization, Summary

The Canxium roadmap outlines a clear path towards decentralization by combining three consensus algorithms: Proof of Work (PoW), Proof of Demand (PoD), and Proof of Stake (PoS). The strategy to be phased:

1. Transition Phase (Q4 2024):
- Launching the $OFF token.
- Updating the website and swap mechanism.
- Increasing minimum mining difficulty if necessary.
- Introducing offline mining competitions.

2. Ecosystem Development (2025):
- Building dApp tools and a marketplace.
- Encourage building more Dapps
- Establishing a crowdfunding platform.
- Encouraging innovation with hackathons.

3. Adoption Phase (2026-2027):
- Enabling cross-chain functionality.
- Rolling out incentive and staking programs.
- Conducting educational initiatives to drive user adoption.

Read more: https://x.com/canxiumchain/status/1846546182358884855

Introducing the OFF Coin

$OFF is a new coin in the Canxium ecosystem with a real market and demand from miners.

The total supply of $OFF will be capped at 21 billion.

We are in the final stages of preparation and will proceed with the airdrop and official listing of OFF in the very near future.

Learn more about OFF's tokenomics:

https://x.com/canxiumchain/status/1846010622397632685

Once all 21 million #bitcoin are mined, which is expected to happen around the year 2140, several potential issues could arise, include a serious issue:

Mining Incentives: Currently, miners are rewarded with new bitcoins and transaction fees for validating transactions. After all bitcoins are mined, miners will rely solely on transaction fees as their incentive.

If transaction fees do not compensate for the costs of mining, it could lead to a reduction in the number of miners, which may affect the network's security.

For a PoW blockchain, this is a matter of survival. If a few blocks do not have the required difficulty, it becomes very easy to be attacked.

So how does Canxium solve this problem? By creatively combining PoW and PoS, even if demand drops to a very low level like it is now, the Canxium network still operates normally thanks to PoS.

We believe that Canxium is doing very well what Bitcoin will have to face in the future.

https://x.com/canxiumchain/status/1844750279989932388

The PoW of Canxium uses a reward mechanism based on mining difficulty rather than the conventional block order number.

This mechanism of Canxium has several unique features that enhance efficiency and sustainability in the mining process. Here are some detailed insights into the three core values:

1. Offline Mining: This mechanism allows miners to participate in the mining process without needing to be online all the time. This helps save energy and resources while enabling miners to participate remotely without being tied to continuous connectivity requirements.

2. Fixed Mining Costs: Implementing fixed mining costs allows miners to better predict and manage their expenses. This also facilitates financial planning and investment in mining equipment without worrying about price volatility.

3. On-Demand Mining: This mechanism enables miners to adjust the scale of their operations according to market demand and specific circumstances. This not only helps optimize profits but also minimizes resource and energy waste.

In summary, these characteristics create a flexible and efficient mining ecosystem while contributing to environmental protection and promoting sustainable development in the blockchain sector.

https://x.com/canxiumchain/status/1844634588775428406

We will have a short text AMA with the team that created the first Doge meme on Canxium at 2:30 PM UTC on October 10th.

Join us at https://t.me/canxiumofficial with @CauDoge team.

https://x.com/canxiumchain/status/1844022787339604331

The refund of contributions for the Bitget listing campaign few month ago will continue to be temporarily suspended or in small amounts until the market improves, in order to minimize market impact.

If you would like an immediate refund, please fill out this form, and we will do our best to refund you in USD, NOT CAU.

The deadline to receive responses is October 30th.

Contributors: https://campaign.canxium.org/

https://forms.gle/RPMiK5xiTxNc6JSw8

Announcement,

We have decided to close the Canxium Discord server in the coming days. Thank you for being with Canxium's Discord community since the very beginning.

The chat channel on Telegram will continue to operate as usual.

Closing the Discord chat channel will allow the team to focus our time and manage the community in one place for better efficiency.

Canxium Channel: https://t.me/canxium
TG Chat Group: https://t.me/canxiumofficial

We are pleased to announce that Geckoterminal has officially listed the Canxium chain on their website.

Thank you very much
@GeckoTerminal


In the near future, we will have our first projects listed on Canxium Pool, which will bring many exciting things.

Stay tuned.

https://x.com/canxiumchain/status/1842030844984361286

We’re thrilled to join forces with @WOW3_Official

With Canxium's secure digital ownership and Wow3's cutting-edge tools, you’ll have more control and fun with your assets!

Big things are on the way - stay tuned! :fire:

https://x.com/WOW3_Official/status/1841315821345448161

Our next roadmap, our next vision.

More than a year has passed with many difficulties and events. Canxium has realized its initial vision of creating a new blockchain with new core values, such as: offline mining, stable mining costs, and a blockchain with a supply that adjusts to market demand.

At the same time, we have successfully implemented all three consensus algorithms in a single blockchain, which is unprecedented, no project has accomplished this: Proof off #Work, Proof of #Demand, and Proof of #Stake.

And now is the time to move on to the next phase:

https://x.com/canxiumchain/status/1840762294503866396

Canxium blockchain is an innovative platform designed to redefine the way we think about decentralized systems.

It incorporates unique features such as offline mining, stable mining costs, and a flexible supply model that adapts to market demand.

What sets Canxium apart is its integration of multiple consensus algorithms

— Proof off Work, Proof of Demand, Proof of Stake —

Within a single blockchain, creating a versatile and efficient ecosystem.

With a focus on building a comprehensive ecosystem and empowering community stakeholders, Canxium aims to lead the way in sustainable blockchain solutions.

This forward-thinking approach positions Canxium at the forefront of the industry, making it an exciting project to watch.

Canxium applies a new reward mechanism for miners based on mining difficulty rather than block number, so it has the inevitable result that the mining cost per CAU will remain unchanged.

Whether it is a small miner or a large miner, the cost of mining over time is constant, unlike other blockchains, the cost of mining in addition to hardware and electricity consumption, also depends on the number of miners on the network, with Canxium this is not the case, Canxium miners operate independently and offline if they want.

This is proven both mathematically and practically, you can ask any miner with basic knowledge of mining, they will tell you exactly how much it costs them to mine each CAU based on their hardware and the electricity they pay.

The miner quantity variable of PoW has been removed from the CAU mining cost formula (which pay CAU base on mining difficulty), so the mining cost only depends on hardware depreciation cost and electricity cost, which are two fixed variables. So the output of this formula is also a fixed value, also known as stable mining costs.

https://x.com/canxiumchain/status/1837814560209916310

Daily, weekly, and monthly CAU emissions are now updated in real time at http://scan.canxium.org

You can see that CAU's emission level fluctuates every second and is not fixed like other blockchains. This is the most special thing about CAU, it reflects the demand of market and the mining capacity of miners when the price fluctuates.

The cost of mining CAU is always fixed, so miners will increase or decrease their output depending on the price of CAU. This leads to the emission level always changing.

This is the #first time this mechanism has been applied in crypto.

https://x.com/canxiumchain/status/1835672899610673231

We are pleased to announce:

The Canxium #wallet has been updated to v2.21.4, now it can connect directly to the Dex exchange, you can buy and sell CAU and tokens right inside the wallet.

Which tokens will be listed on Canxium Swap first?
Stay tuned.

https://x.com/canxiumchain/status/1835558942304539022

We have updated our Dex.

Now you can use any wallets which support WalletConnect: Canxium, Bitget, Metamask, Coinbase Wallet ......

Just add Canxium Network then scan and connect.

https://x.com/canxiumchain/status/1833025040251785337