Xelis is a Layer 1 blockchain leveraging a BlockDAG (Directed Acyclic Graph) architecture to enhance scalability and security, built from scratch in Rust with the Tokio async runtime. It employs Homomorphic Encryption via ElGamal for transaction privacy, ensuring amounts and balances remain confidential, while Zero-Knowledge Proofs (Bulletproofs) verify transaction validity without revealing data. With a total supply of 18.4 million $XEL tokens, it supports smart contracts through the upcoming XVM (Xelis Virtual Machine), enabling decentralized applications (dApps). Its CPU/GPU-friendly proof-of-work algorithm promotes decentralization, and features like Instant Sync and pruning optimize performance. In simpler terms, Xelis is a blockchain that’s all about speed, privacy, and being easy to use. It’s designed to handle lots of transactions securely while keeping your details hidden, like a secret vault for your money. The $XEL token powers everything, and soon you’ll be able to build cool apps on it, like games or financial tools. It’s built to be fair, so anyone with a regular computer can help run it, not just big players. Think of it as a fast, private highway for digital cash and ideas, open to everyone! BlockDAG 15 Second Blocks + Homomorphic Encryption + Smart Contracts