Frequently Asked Questions

GX Coin is a sovereign digital currency protocol, not a speculative token. It uses Proof of Authority consensus, has immutable economic policies embedded in the blockchain, and focuses on productive circulation rather than speculation. The protocol includes a 0% interest rate, profit/loss-sharing lending, and demurrage mechanics that encourage economic activity.

GX Coin eliminates interest-based lending entirely. Capital is provided through profit/loss-sharing arrangements where the lender and borrower share in the success or failure of the venture. This creates a more equitable system where economic value is generated through actual productivity rather than debt accumulation.

The velocity tax (3% to 6%) is a circulation incentive applied based on balance size bands, not transaction frequency. Balances below GX 100 are permanently exempt at 0%. Higher balances are assessed annually based on average daily balance per band. Revenue is split: 40% to government treasuries, 30% to charitable causes, and 30% to Universal Basic Income.

Proof of Authority (PoA) uses pre-approved validator nodes operated by vetted institutions rather than energy-intensive mining. This provides deterministic finality, low energy consumption, and institutional-grade security. It is selected for a financial infrastructure protocol that must process transactions reliably at scale.

Core economic policies are immutably embedded in chaincode on the blockchain. The fixed supply of GX 1,250,000,000,000, the 0% interest rate, and demurrage mechanics cannot be altered by any individual or organisation. This provides the long-term predictability that traditional currencies lack.

The Proof of Authority consensus mechanism uses significantly less energy than mining-based cryptocurrencies. By using efficient validation processes with vetted institutional validators, the protocol maintains a minimal environmental footprint while providing robust financial infrastructure.

GX Coin is designed for individuals seeking value preservation, businesses needing stable capital access, and governments wanting transparent economic tools. Participation begins through the Genesis Distribution, where units are allocated to verified individuals for free. There is no purchase, no presale, and no token sale.

No, and this is by design. GX Coin is built for productive economic use (payments, interest-free loans, government treasuries), not for trading or speculation. Listing on exchanges would transform units into speculative assets, undermining their function as a stable medium of exchange.

No. GX Coin Protocol (gxcoin.money) is a sovereign digital currency built on Hyperledger Fabric with Proof of Authority consensus. Grindery X is a completely separate project: an ERC-20 token on Ethereum used for a Telegram-based wallet. They share no code, team, or affiliation.

No. GXChain is a separate public blockchain focused on data exchange, traded on exchanges. GX Coin Protocol is a non-profit, public-utility protocol for productive economics with fundamentally different technology, goals, and governance. The similarity in names is coincidental.