LeviarCoin (XLC) is an anonymous, private and secure cryptocurrency of its kind. LeviarCoin is not only a tool for the protection of software but also acts as a digital currency. The objective of creating LeviarCoin was to create a digital currency which could be traded easily or used as in application or software currency. The other objective was to build a library for protection to control incidences of fraud in online games and applications. LeviarCoin was also created to embrace the philosophy of being open source by releasing all source codes of software libraries as well as by contributing with patches.
LeviarCoin is a digital currency which is based on CryptoNote. This implements its very popular features, such as providing the users with a completely anonymous scheme of making payments and implementing the technology of ring signature, of conducting transactions those are not linkable to any address. The receiver can redeem the funds sent to her/his address because the receiver has multiple one-time addresses derived from her/his single key. LeviarCoin is double spending proof as nobody is able to spend the same money twice. The blockchain in LeviarCoin network remains resistant to analysis because of non-repeating one-time addresses and mixed keys in ring signatures. The Proof of Work mechanism of LeviarCoin blockchain is egalitarian in nature with a decentralized system for payments, not dependent on the decisions made by a single person.
LeviarCoin is adding certain new features such as Integration of Application Programming Interface and Anti-Fraud and Cheat System with digital rights management over blockchain scheme.
LeviarCoin (XLC) maximum supply is 54,000,000 XLC with an availability of coins for crowdfunding is 5,400,000 XLC. The number of LeviarCoin available for a team of developers is 2,700,000 XLC and it has a peer to peer port 18001 with Remote Procedure Call (RPC) port of 19001. LeviarCoin’s Digital Right Management layer port is 19002 and the XLC has a block time of 60 seconds. The difficulty is retargeted at every block with block reward given initially is 9XLC.
LeviarCoin or XLC can be bought by the user in many exchanges for cryptocurrencies. LeviarCoin is a mineable cryptocurrency that can be mined both in solo mining or in mining pools. The miner and the user must download a LeviarCoin wallet in the beginning. The miner can mine with the help of special mining hardware or in the convenience of mining pool.
LeviarCoin is not only a protector of software but also an open source and secure digital currency. It is also anonymous and private cryptocurrency having a very strong potential in the crypto market.
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