What is X Coin?
X Coin (XFER) is its own Layer-1 UTXO blockchain, a hard fork of Ravencoin with mining removed. About once a minute, the block reward (currently 5,000 XFER) is drawn among online, signed-in X Verified Light or Heavy desktop nodes. Any X account can claim one free root name tied to its handle, then issue tokens, one-of-one NFTs and real-world-asset records under it as named assets on chain. Fair launch: no premine, no founder allocation. Block signing is currently done by one seed node.
