Neurai (XNA) is a cryptocurrency launched in 2023 that integrates blockchain, IoT, and AI technologies to create a decentralized ecosystem. It aims to enable the development of smart IoT devices that can interact with blockchain-based assets, ensuring data integrity and security. The project leverages parts of Ravencoin code for asset creation and ASIC resistance, and its unique approach includes device authentication, data ownership through NFTs, automatic transactions, and maintenance records.
Neurai (XNA) is a cryptocurrency designed to enhance and simplify the transaction experience by combining blockchain, AI, and IoT technologies. It is built on principles of decentralization, ensuring that users have a platform beyond the control of any single entity. Neurai employs the ASIC-resistant KAWPOW mining algorithm, which ensures fairness in mining by preventing monopolization of mining power.
Key Features- Decentralized Platform: Neurai aims to bridge the gap between IoT and AI through blockchain assets, enabling efficient data analytics, predictive modeling, and decision-making.
- KAWPOW Mining Algorithm: This algorithm ensures fairness in mining by being resistant to ASIC miners, allowing both individual miners and large mining operations to have an equal chance of earning XNA coins.
- Tokenomics: There will only ever be 21 billion XNA tokens, with a "micro-halving" event for token release, unlike Bitcoin's traditional halving event.
- IoT and AI Integration: Neurai uses LoRaWAN technology to enable communication between IoT devices, making them less isolated and more interconnected.
- Payment Method: XNA is used as a method of payment on the Neurai blockchain, facilitating transactions within the network.
- Mining: XNA is created and added to the network through the mining process, which involves using GPU mining setups with specific configurations.
- Wallet Storage: Users can store XNA in the official Neurai wallet, Electrum, or exchanges like CoinEx, ensuring secure storage and easy access to their tokens.
Overall, Neurai (XNA) is a cryptocurrency that leverages blockchain, AI, and IoT technologies to create a decentralized platform for efficient data analytics and decision-making, with a focus on fairness and security in its mining and tokenomics.
To store Neurai (XNA) tokens, you have several wallet options available:
Neurai-QT Wallet: This wallet is designed for mining and has an integrated node. It takes time to synchronize initially but provides full control over the blockchain.
Rebel Wallet: This is a simple and secure web wallet created by the Neurai developers. It is protected by a password and a seed phrase, allowing you to store your coins securely.
Electrum Wallet: This is a lightweight wallet that uses external servers to validate transactions, making it fast and convenient. It can be used with Ledger hardware wallets.
Vidulum Wallet: This is a cross-platform wallet with a user-friendly interface and a built-in decentralized exchange (DEX) in testing.
Multi-currency Web Wallets: There are also multi-currency web wallets available that support Neurai, offering both web and mobile versions.
Before choosing a wallet, consider your needs and the level of security you require. It is essential to protect your wallet with strong passwords and securely store your seed phrases to ensure the safety of your XNA tokens.
To buy Neurai (XNA) tokens, follow these steps:
Choose a Crypto Exchange: Select a reliable and trustworthy crypto exchange that supports Neurai (XNA) purchases. Popular options include CoinEx, gate.io, MEXC, and KuCoin. Research each exchange, comparing fees, security features, and supported currencies before making a decision.
Create an Account: Register a free account on the chosen exchange by providing necessary personal information, including your name and email address. You may need to complete Know-Your-Customer (KYC) verification to increase withdrawal limits and unlock additional features.
Add Funds: Deposit funds into your exchange account using a supported payment method, such as a credit or debit card, bank transfer, or third-party payment services like Simplex, Banxa, or Mercuryo.
Buy Neurai (XNA): Navigate to the trading section and select Neurai (XNA) as the cryptocurrency you want to buy. You can choose between a Market Order or a Limit Order. A Market Order executes the purchase at the best available price, while a Limit Order allows you to set a specific price for the purchase.
Store Your Tokens: Once you've purchased Neurai (XNA), you can hold it in your exchange account or transfer it to a personal cryptocurrency wallet for added security and control. Consider using a cold wallet, such as a hardware wallet or paper wallet, for long-term storage.
Monitor and Trade: Keep track of your investment and consider trading Neurai (XNA) for other cryptocurrencies or using it for futures trading on platforms like MEXC.