Xoluin Whitepaper

Version 1.0 - August 2025

Abstract

Xoluin (XOLN) is a decentralized, fair-launch cryptocurrency utilizing the K12 hash function and a tail emission monetary policy. Our mission is to ensure long-term decentralization, resist centralization through ASICs, and maintain consistent miner incentives through a diminishing but perpetual emission model.

1. Introduction

Most cryptocurrencies suffer from either premature centralization or long-term security risks due to declining rewards. Xoluin proposes a balanced approach that preserves decentralization, incentivizes participation, and allows sustainable security and governance.

2. Algorithm - K12

K12 is a cryptographic hash function designed for post-quantum resistance and efficient implementation on FPGAs. It is not yet widely adopted in existing cryptocurrencies, which provides Xoluin with a unique technical foundation.

3. Emission Model - Tail Emission

Instead of halting coin emission at a fixed cap, Xoluin introduces a tail emission phase. After the initial emission (e.g., 90% of total supply), the system continues generating a small fixed number of coins per block indefinitely. This ensures that miners remain incentivized and the chain stays secure long after peak adoption.

4. Fair Launch Philosophy

Xoluin creates a level playing field and invites real contributors to build and benefit from the project’s growth.

5. Community Governance

Xoluin governance is handled transparently via community discussion and rough consensus. Proposals for development, parameter changes, and improvements are evaluated through public voting mechanisms integrated with the core protocol roadmap.

6. Roadmap

7. Conclusion

Xoluin combines robust cryptography, a fair economic model, and grassroots community energy to create a truly decentralized cryptocurrency for the next generation.