Frequently Asked Questions

What is EvoX ?¶

• EvoX leverages the proven and time-tested cryptographic primitives that were first introduced with CryptoNote.

• Transactions are made both untraceable, and unlinkable by using stealth addresses and ring-signatures.

• Downstream sender privacy is guaranteed by using output flags.

What consensus mechanism is used?¶

• EvoX uses a hybrid PoS — PoW consensus mechanism.

• This makes double-spend attacks both un-feasible and improbable.

• PoS was implemented to complement and enhance the security provided by traditional PoW blockchains.

What is alias and how does it work?¶

• Each EvoX user can register with an alias, for example: @angeline, a human-readable name associated with a payment address.

• EvoX users can easily send transactions to an alias: their wallets automatically check whether the name is registered in the blockchain.

What is escrow contracts?¶

• Escrow, like its name, is a mechanism that was designed to facilitate secure anonymous payments between counter-parties.

• EvoX provides the framework for a secure and private transaction without the need for a trusted third party.

• Our Escrow system (as proposed) will require participants to make additional deposits, which they will forfeit if there is any attempt to act maliciously, or in a way that is contemptuous toward their counter party.

How can I get EvoX coins?¶

• You can mine coins and use staking to increase your balance or trade coins on cryptocurrency exchanges.

Is EvoX a hardfork of Zano?¶

• Yes

What is mixin and what it's used for?¶

• The mixin count refers to the number of signatures (apart from yours) in the ring signature that authorizes the transaction.

• Higher mixin value will typically provide more privacy because it will provide greater plausible deniability.

• It is impossible for any observer to know which is the real source of the funds.

When trying to send coins I get an error stating that transaction is too large.¶

• This is due to sending many small inputs to the address.

• The solution is to split up the transaction and send smaller amounts.

What is a seed phrase?¶

• To access the wallet in the event of a loss, you need something called a mnemonic recovery phrase or seed.

• This group of words that you received while creating your wallet are designed to add an extra layer of security.

• With these phrases you can easily restore lost wallets if you don’t have the passkey.

Why application starting time takes so long?¶

• As EvoX wallet is a full node application, due to loading a blockchain and multiple wallets synchronizing , start time depends on your system specification and may be bottlenecked by internet connection speed.