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https://coinmarketcap.com/currencies/scala/
First things first: Disclaimer – If you didn’t read the title of the post, this is my honest opinion about XLA as someone who’s been member of Scala community for a long time. I can’t talk on behalf of the coins that I have no experience with, so if you have experience with Scala or any other altcoin, share it in comments. If you think this is a shill, I don’t care, move on. I’m posting this because everyone deserves a chance to know about the project and personal opinions of someone who’s been with it for a long time.
Cryptocurrencies evolve. New cryptos come with better solutions to older crypto flaws and most of the time, old cryptos are able to patch the solutions into their chain system, but there are times, when their design doesn’t allow that. Enhanced privacy was one of the core things that was necessary, but couldn’t be patched in classic blockchains by design. We’ve all started with Bitcoin (BTC), other cryptos followed Bitcoin but every single one, even tho more anonymous than fiat transactions, still lacked privacy. After awhile, Monero (XMR) came around and offered enhanced privacy, which revolutionised the crypto world. Next, we have Scala (XLA) that went a step ahead.
Most notable perks scala has: CryptoNote algorithm which ensures untraceable and unlinkable transactions aka 100% privacy.
Panthera Hybrid Algorithm that is mix of RandomX , Kangaroo12 and Yespower algorithms, that enables mining with CPU on both PCs and Android devices.
If you are interested in finding out more about XLA, check the Official Webpage of Scala Project.
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