what's Xenium?
Xenium (XNM) is a proof-of-work minable ERC-20 token within the XEN ecosystem, designed for deployment on the X1 mainnet. It employs the memory-hard Argon2ID hashing algorithm, which is GPU and ASIC resistant to ensure fair mining distribution. Miners submit valid cryptographic proofs of work through a solidity-based mint factory contract on the X1 blockchain to receive minted XNM tokens. With a capped supply of approximately 600 million tokens, Xenium features progressive halving events to control issuance, such as reducing rewards to 5 tokens per mined hash after a specific block ID. The ERC-20 version is pre-market and planned for staking to earn yields in XNT on X1, integrating it into the broader network utility.
Xenium launched xChat, an E2E encrypted messaging service secured by wallet private keys.
Links
x.com/x1_chainLaunched X1 Vault, a wallet-derived encrypted storage layer for AI agents using Ed25519 signature to SHA-256 to AES-256-GCM encryption with IPFS-based persistent memory and smart deduplication achieving approximately 50% storage savings in production.
Launched xChat, a fully end-to-end encrypted messaging service on X1 secured by wallet private keys.
Reached 1,700 validators on the network in early 2026.
XNT to XNM token swapping is live on Android X1 wallet for the first time.
91% of total supply is now staked to validators.
A demo of synthetic prediction markets functionality will be released soon.
The network crosses 700 validators for the first time (up from 654 on Oct 17). X1 Foundation issues 100M $XNT delegation to all participating validators.
Oracle price data architecture in development to unlock perpetual futures and prediction markets functionality.
The network now has 654 actively staked validators in the current epoch.
Demo showcases functional bridge between Solana and X1 blockchain.
Users can now deposit USDC to obtain XNT tokens and earn 24% yield through a bootstrapping mechanism.
Delegation program now includes 488 validators (up from 434 in August) with specific economics revealed: minimum 2 XNT self-stake required, ~$150/mo operating costs, and 10% commission allowed on delegated stakes from the 1B token supply being distributed based on performance criteria.
Mainnet now live with 210 nodes participating in the network.
A funding round is being conducted, with questions directed to a specific Telegram group.
Testnet rewards totaling 36M XNT tokens announced: 6M XNT allocated to 400 validators and 30M XNT to early investor community, with mainnet launch indicated as imminent.
Network processes 1000 TPS with 400ms confirmations, reaching 31B total transactions across 100M blocks.
Validator count reaches 434, indicating strong network participation.
Consensus performance indicators now available for validator ranking and group standing assessment.
Network achieves 7% of total Solana transaction volume.
Validator nodes cost $7 daily ($2,555 annually), with top-end X1 validators costing $10 per day.
Testnet achieves stable block production with minimal skippage.
Treasury to acquire Bitcoin as reserve asset as fundraising nears $3M milestone.
Solana selected as first market maker for XNT token.
Validator rewards program launches with XNT token airdrops at TGE, based on block production and vote credits.
Project launches Reg D 506(c) offering, targeting accredited retail investors instead of VCs.
Legal cease and desist notice ignored by team and posted publicly on Discord.
All validators upgraded to v2.2.12, achieving sub-1 second transaction finality.
X1Eco Day launches today with keynote speakers focusing on decentralized AI developments.
Metaplex's MPL suite ($9.8B TXN value) now enables digital asset creation on chain.
Offering 100,000 X1 Testnet tokens for developing bot that can double current TPS.
SVM based fork with 231 validators on testnet, larger validator set than Sui, Aptos, and Bera mainnet.
Testnet on track to achieve 10 Billion transactions by year end 2024.