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ColossusXT

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About

Colossus XT is the native asset for the compute power-sharing protocol Colossus Grid

History

ColossusXT is a native asset for the Colossus Grid designed with an emphasis on community, energy efficiency, decentralization, and privacy. ColossusXT uses a Proof of Stake 3.0 protocol and a second-tier Masternode network for inclusive community-based governance along with a blockchain-based self-funding treasury system. Colossus Grid aims to reward network peers for voluntary grid contributions. Through this grid, ColossusXT can be used to compete in the global market for distributed computing power and decentralized storage.

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