Whitepaper
INFO
You are reading the latest version of the Canxium Whitepaper
- Updated on Nov 6, 2024
- Version: v2.6
Tokenomics
DANGER
Canxium is a decentralized cryptocurrency with a unique, energy-backed issuance model that evolves over time.
Launched in April 2023, Canxium is a fair-launched project with:
- ❌ No pre-mine
- ❌ No pre-sales
- ❌ No public-sales
- ❌ No coin pre-allocations
- ❌ No VCs
It is 100% decentralized, open-source, and community-managed, developed by Canxium Labs.
Canxium’s mining rewards are divided into two distinct phases:
- Phase 1: Fixed block rewards on a PoW chain.
- Phase 2: Transition to a hybrid PoW + PoS system, with rewards based only on mining transactions.
⚒️ Phase 1: Fixed Block Reward on PoW Chain
- Canxium initially launched on a classic Proof-of-Work (PoW) blockchain.
- Each block produced a fixed reward of 0.25 CAU, distributed as:
- 75% to miners
- 25% to Canxium Labs
- A total of 4,354,526 blocks were mined during this phase, generating exactly 1,088,631.5 CAU into circulation.
- ⚠️ Phase 1 ended on July 08, 2024, at 10:23:16 AM (GMT+7).
🔄 Phase 2: Hybrid PoW + PoS with Mining-Based Rewards
Canxium has transitioned to a hybrid PoW + PoS system, with a new reward structure:
- ❌ No more block rewards
- ❌ No fixed PoS staking rewards
- ✅ All new CAU is issued through mining transactions only
INFO
CAU has an essentially unlimited total supply, but its distribution and emission schedule is tightly controlled – unlike other PoW or PoS chains with simple, fixed, and predictable issuance models.
CAU issuance is tied to mining difficulty, which constantly fluctuates. Therefore, it’s hard to predict how much CAU will be created tomorrow, next week, or next month.
The amount of CAU generated depends entirely on miner behavior:
How many new miners join, how much hashrate is added or removed — all of this affects the CAU supply.
👉 CAU supply is designed to be dynamic and responsive to real market demand and mining activity.
There are two mining reward mechanisms in this phase:
⛏️ Independent Retained PoW Mining
- Miners use the Ethash algorithm to mine offline, without needing network connectivity.
- They submit valid proofs to the network to claim CAU rewards.
- Reward formula:
4.25 CAU per 1 PHof mining difficulty- Reward decreases by ~11% monthly
- This model proves that offline mining is feasible, enabling fully decentralized issuance.
WARNING
This standalone mining method was successfully implemented to prove offline mining is possible.
However, it will soon be replaced by cross-mining with Ethereum Classic in the future.
📄 More Details → Independent Mining Rewards
🔗 Cross‑Chain Retained PoW Mining
- Canxium supports cross-mining with other PoW blockchains.
- Miners embed a Canxium address into the external chain’s coinbase transaction or block metadata.
- Upon verification, they receive CAU rewards from Canxium.
This cross-mining mechanism enables fair, decentralized distribution of CAU across multiple ecosystems.
🪙 Cross-chain Reward Allocation by Blockchain:
🟠 Kaspa
- ✅ No cap on CAU rewards
- Reward formula:
floor(KaspaDifficulty ÷ 1,000,000) × baseRewardWei - Reward decays monthly over 145 months, and stabilizes at 400 Wei per MH.
📄 More Details → Kaspa Cross-Mining Rewards
🟢 Ethereum Classic & Bitcoin
- ✅ No cap on CAU rewards
- Reward schedule and structure: To be defined
🔵 Other Chains (e.g., Litecoin, Monero, etc.)
- ✅ Total CAU rewards for all other chains will be capped at 12 million CAU
- Reward schedule and structure: To be defined
- Supply expansion will be limited to ensure long-term sustainability and balance
- Over the next 100 years, total rewards across all these chains will never exceed 12 million CAU.
Cross-mining with multiple chains will be a core mechanism to distribute CAU widely and fairly, while ensuring supply emission reflects real-world mining effort and demand-driven dynamics.