StakeNet XSN: Enable Cross-Chain Proof of Stake
CCPoS is a technology to empower XSN holders to stake XSN and receive rewards in any other coin.
Another XSN innovation under development is CCPoS. With this technology, we aim to enable users to stake XSN and receive rewards in any other coin. Herewith individuals will be enabled with the flexibility to switch rewards on the fly to that new “hot coin” if they so desire. For example, XSN holders are empowered to stake XSN and get rewarded in Bitcoin, Litecoin or Dash.
A cross-chain is a technology that enables exchange of one cryptocurrency for another without using centralized intermediaries, such as exchanges.