XRC in 2019: focus on unique solutions for investors and decentralization

With the year coming to the end, we would like to share the most important results of 2019.

Decentralization

The main result of 2019 for us was that we achieved full stability and decentralization of the network. Our team worked in the non-stop mode in order to build and optimize the whole system for further growth. We started the year with only one official mining pool hosting 100% of the mining power. Shortly after source code was released new mining pools opened XRC pools on their site. And now our official pool accounts less than 5% of all mined blocks.

Up to date information about all existing XRC pools can be found at https://miningpoolstats.stream/bitcoinrhodium

Honest and Simple Dividends Program

In a year we successfully finished 3 cycles of our rewards program for holders. 24,108 XRC were distributed to investors. The forth one will end on January 1 and will have doubled amount of XRC.

Moreover, the team has decided to permanently leave doubled rewards (16,072 XRC) up until the Strong Hands fund runs out in 2022. The target is to nearly stop the inflation with the first halving. It will immediately make XRC extra scarce, especially with FreeMarket.ONE economy reaching its potential.

New to Strong Hands Program? Learn more:

Bitcoin Rhodium (XRC) - Quarterly Dividends

Everything else

— Source code release to the public
— Multiple Node releases with improvements and fixes
— Listing on 7 exchanges
— Magnum mobile wallet integration
— FreeMarket.ONE website
— New APIs
— Ambassador Program launch
— Website update
— CoinMarketCap top 200 qualification
— Trezor hardware wallets support
— Ledger app (waiting for Ledger’s review)
— New team members
— AMA with devs on Reddit
… and much more

Even though 2019 was an eventful year for us, we are planning to keep the same pace in the upcoming year.

New things to wait for in 2020:

— Whitepaper update
— Full Ledger wallet support
— FreeMarket.ONE release
— Wasabi wallet with first anonymization support
— More privacy features like BIP 47, STONEWALL, RICOCHET and COINJOIN
— X13 asic firmware support
— ATM integration

We want to say thank you to each and every one of our community members and partners! Thank you for being with us, we highly value your support and we’ll see you in 2020!

Happy New Year!

The XRC Team

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