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How it works
Decentralization
X Coin is not fully decentralized today. This page says plainly what runs where now, what each new node adds, and the direction from here.
Today
- Block signing
- One seed node writes and signs every block. It also checks X for blue checks.
- Operator nodes
- A few nodes run by the operator power this website, Launch, and the public explorer.
- Community nodes
- Everyone running the Light or Heavy app keeps a full copy of the chain and checks every block.
If the seed goes offline, the chain stops growing until it comes back. Coins and history are not lost: every node still holds the full ledger.
What the seed cannot do
Every node checks every block on its own. A block is rejected if it:
1. pays the wrong winners, or the wrong amounts,
2. draws from a list that is missing the seed's stamps,
3. pays more coins than the reward and fees allow,
4. spends coins that the sender does not own.
So the seed can stop new blocks, but it cannot quietly move your coins or rewrite the lottery math.
What each new node adds
1. Another full copy of the ledger in another place.
2. Another peer that passes blocks and payments along, so the network does not rely on any one connection.
3. Another independent check of every block against the rules.
4. If it is signed in and X Verified, another ticket in the minute draw, which spreads new coins wider.
The direction
These are the steps that make the network less dependent on any one machine:
1. More community nodes that stay online, so new users can find peers without one fixed address.
2. More independent explorers, so nobody has to trust one website to read the chain.
3. Spreading block signing and X checks beyond a single seed. That changes the chain's rules, so it needs a new release that node operators choose to run.
These are directions, not promises, and there are no dates. Any rule change will be published as open source first, and each node operator decides whether to run it.
How you can help
1. Run the Light or Heavy desktop app from the latest release and leave it open. How-to: Run a node.
2. Keep it updated. Use the latest release.
3. If you can, let other nodes reach you on port 38443. That makes you a peer others can join through.
4. Run your own copy of the explorer. It reads your own node. NiftyRaven/xcoin-explorer
5. Read the code and report problems: NiftyRaven/x-coin, or support@xferchain.net.
The wiki explains how the software works. It is not legal, tax, securities or financial advice. Rules differ by country and change over time. Nothing here is a promise that XFER or any token will have value. Terms of Use.
