Brand

unit of value on

the golden blockchain

What is Xaurum?

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Xaurum is unit of value on the golden blockchain, it represents an increasing amount of gold and can be exchanged for it by melting. Xaurum Golden Blockchain is a transparent ledger of accounts that accounts for the distribution of gold owned by the Xaurum CommonWealth, to provide an increasing base to Xaurum value. The CommonWealth is maintained by Auresco Institute physically and Ethereum network digitally.
Xaurum can be mined cooperatively and profitably on the Goldmine. Xaurum exercies cooperative control over the money supply, trough decentralized cooperative mining and minting. Xaurum is coined by exchanging the mined value for physical gold, stored as the CommonWealth gold reserves. It was first coined on a PoS Blackcoin blockchain, and has transitioned to Ethereum.
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1g of 999.9 purity

used for easy delivery

Features

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gold bases

Xaurum value is based on on gold and exchangeable for it.

growing goldbase

the gold based value of xaurum is growing with its use and coinage.

global delivery

Xaurum is exchangeable for gold and is devlivered anywhere in the world.

profitable inflation

the more there are xaurum coined and in exchange, the greater the value of one xaurum in gold.

cooperative mining

new xaurum is coined at the goldmine. the more miners there are, the more profitable they mine.

shared fees

all transaction fees are collected by the commonwealth, and its value is distributed to all the users.

guarded blockchain

Xaurum is secured by Ethereum blockchain.

common wealth

Auresco Institute an open non-profit Xaurum foundation.

Xaurum On Ethereum

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Ethereum info:
Ethash
Block time: 15 seconds
Min transaction Ethereum fee for sending Xaurum: 0.00061213 ETH
Xaurum info:
Goldmine
Mints
Min transaction fee: 0.5 XAUR

 
Xaurum is implemented as a token on Ethereum platform, that enables Xaurum mechanisms to take the form of smart-contracts. Read the white-paper. (Link - Not yet availiable)
 
View our code on Github.

Xaurum Mining

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Xaurum is coined in a way that increases its gold base in the CommonWealth and provides miners with profit
The difference between Xaurum base value in gold and its market price is used to create mining profitability for all miners

Commonwealth

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CommonWealth increases the base value of all Xaurum with gold
The gold base of Xaurum in exchange is increased by coinage
Investment goldbars, 1 g of 999.9 purity are used for easy delivery
Xaurum can be melted for an increasing ammount of gold
Gold delivered anywhere globally
CommonWealth increasing with mining & Guardian node fee collecting
Fees are paid to the Commom Wealth and redistributed to all users
Created and maintained by Auresco Institute

Xaurum Security

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Digital
Ethereum blockchains secures all Xaurum transactions
Physical
Gold reserves are secured in a bank vault
Insured against theft
Gold used is certified 999.9 investment gold
Gold is bought only from the Good Delivery refineries
Xaurum Coinage

done by mining and minting according to the Xaurum Coinage formula

Wallet

2

windows

Download Wallet (32-bit)
Download Wallet (64-bit)

MAC OSX

Download Wallet

LINUX

Download Wallet (32-bit)
Download Wallet (64-bit)

GITHUB

Check the source