XUEZ Coin Updates - Teckeela

Jan 27, 2018

XUEZ Coin Updates

This post is going to be kept constantly updated with the developments of XUEZ Coin. For up-to-the-minute updates, please join the community at the coin's Discord server.

Xuez Coin in it's own words is meant to be a pure privacy coin, with lightning fast transactions and extremely low fees. Xuez is a Peer to Peer Electronic Asset for the Internet, fully decentralised with no central banks and requires no trusted third parties to operate. The platform provides private E2E communication platform, as well as a Stealth Mixer and Stealth Addresses, incorporating top tier privacy measures, guaranteeing anonymity, in addition, allowing income through Masternode PoS functionality.

The cryptocurrency Xuez was born as a result of a hard fork and a community takeover of the Xios coin project. Xuez coin builds over all the privacy-focused features of Xios coin with an excellent backing of the community and the original developers as advisors of the current project. To get up to speed with the story so far, just scroll to the bottom of this post and make your way upwards.

Disclaimer: I am not a part, or linked to the Xios/Xuez dev team. The information that you see here is purely from my research and closely following the developments of the coin. I do not guarantee complete accuracy, but I have done my best. I have investments in the coin and as a community member, would like to see the coin succeed.
XUEZ Coin logo

Update 15 Jan, 2018 - 01 Feb, 2018
Xuez Whitepaper has been released. A new alpha stage wallet was released that can be tested by end users and given feedback upon. Community members test and report bugs on the Discord channel and work on the next release of the wallet begins. It has been decided that Xuez will be PoS-only, PoW will be removed. Details of calculating rewards and developer funds were released. A project report is released which included current aims that indicated opening up more bounty tasks to utilise the skills of the community.

Update: 09 Jan, 2018 - 11 Jan, 2018
The first stage of the swap process begins, involving getting a swap invite from one of the advisors in the Discord channel, filling a form and sending all Xios coins to a burn address. A brand new Xuez website is launched.

Update: Dec 25, 2017 - Jan 05, 2018
Details of the coin swap procedure are disclosed, along with a burn address where Xios coin would need to be transferred after the fork takes place. One Xuez would be swapped for one Xios. The snapshot date gets moved from Jan 1 to Jan 5, 2018 due to a surge of new members in the community trying to get up to speed with the recent developments and also an increase in coin purchases. An announcement that coins purchased after Jan 5, 2018 will not be considered for the swap is made. A snapshot of the Xios blockchain is successfully taken on Jan 5, 2018 00:00 GMT.

Update: Dec 5, 2017 - Dec 12, 2017
Community member God-Father announces that the community will take over the development of the Xios project as the original developer has been inactive for a long period. A hard-fork of Xios is announced to happen on Jan 1, 2018. Node/Staking reward and developer fund details are released. The name XUEZ is chosen for the coin's next evolution. New team members and an upcoming new website is announced. God-Father explains the reason for the fork as follows "The main short-term aim was to fork which will give us full access to enlist this to more exchange thus increasing the market value and reputation of XUEZ, we couldn’t remove/update the website and remove/edit anything from Yobit – as again we didn't have full access to change the website, Market details etc – again due to the fact of previous developer having all the credentials.
In short, we were in a “Locked out – predicament” and the only way of sorting this out is by Forking and recreating everything. This was the Predicament we were in, in a sentence."

Update: Nov 15, 2017
Xios Developer ButterRose apologises for not being around too much due to personal/family reasons. Also informs that devs, POSMonkey and mastertrader777 have been continuing the project during his absence and that he will return to developing the project as soon as possible.

Update: Oct 18, 2017 - Nov 7, 2017
Xios Coin gets listed on the Yobit exchange. Coin listing made on Coinmarketcap and masternodes.online. A new Xios website is launched.

Update: Oct 09, 2017
Developer ButterRose announces Xios Coin on bitcointalk. Xios is a privacy-focused, masternode based cryptocurrency. Total Coin Lifetime Supply to be mined/staked via POS/Masternodes = 21,000,000 Xios.

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