Since my post yesterday about buying XIOS, I've gone and bought quite a bit more, almost enough to run a masternode. I've also got 1 small reward so far of 0.333 XIOS from what I had just in my wallet yesterday.
The next staking reward will be much larger (because there's much more coins) and is due in an estimated 21 hours. On top of the staking reward there will also be rewards for confirming transactions which (I think) will be higher than the staking rewards as the network gets busier.
The main thing that comes to mind to tell Steemians about is the breathtaking speed of the transactions. It cannot be overstated how fast this coin is. The very second I press withdraw on the exchange I'm buying XIOS from, I get a notification in my wallet of the transaction. I mean this literally, it's within a small fraction of a second. It's crazy, how can it be this fast? Maybe this will slow down with more transactions on the blockchain, I don't know, but for now it really is impressive. It takes another few seconds for confirmations to come in and the coins are good to go. It has a 40mb block size which I presume helps it be so quick.
I like the idea of just getting a masternode for 1000 XIOS, I would have had one earlier today if it wasn't for Bittrex withdrawal limits stopping me from sending BTC to Coinsmarkets.com. I've been interested in doing this with other coins, but they were priced beyond my reach. But at 20-something-cents per coin it's not a big deal. It was less of a big deal yesterday when XIOS was half the price but I only need 115 more coins and hopefully there will be more dips. It's as much geekiness as it is wanting a passive income. It's not totally passive though, because I'll still need to figure out how to set one up, thankfully though it can all be done within the windows wallet and there's helpful walkthroughs posted online.
As of now I've still yet to use this, because I've only been receiving coins so far. From what I can gather there's a built in coin mixer in the wallet labelled "Dark send".
There will only ever be 21 million coins (just like BTC).
The coin is on one exchange ( coinsmarkets.com ) and will be added to Yobit within the next couple of days.
It is both proof-of-work and proof-of-stake, but I gather it's much harder now to mine. There was no pre-mine, mining was done by the community, it's only a few days old so it won't make much sense to mine any longer. Proof-of-stake is for now by far the most profitable way to mint coins.
"RoapMap coming soon, xios offers affordable masternodes, privacy, 6% staking, and 40mb block sizes for exceptionally fast confirmations. :-)" - the dev.
