Canxium Price

About the coin

Canxium is a groundbreaking blockchain platform that introduces a unique economic model revolving around supply and demand dynamics. Unlike traditional blockchains with fixed supply or inflationary mechanisms, Canxium adopts a demand-driven approach, where the total coin supply is determined by market demand. This concept introduces a dynamic and responsive economic system, allowing market forces to dictate the coin’s availability and value. Established in Vietnam in May 2023, Canxium has achieved significant milestones, including thousands of transactions and wallet addresses.

Main features

Canxium is distinguished by its innovative concept of offline mining, a new approach in the crypto industry. The platform's unique features include a decentralized supply control mechanism and offline mining. These features contribute to a more flexible and adaptable blockchain ecosystem that aligns with real-time market conditions. Canxium is committed to creating a sustainable and decentralized future, with plans to introduce more features, including a new consensus algorithm.

How it works

The native coin, Canxium Coin (CAU), powers the Canxium network and is used to pay for transactions. CAU functions as a utility token, used for gas fees on the Canxium blockchain. It operates on a proof of value system, where coins are mined through computation or offline methods to generate new blocks. Canxium's future plans include bringing offline mining to the mainnet and developing a new consensus algorithm, allowing offline miners to contribute to block creation and validation.