Home/L1/@xelis_project

68

Score · promising

Scored 1w ago

@xelis_project

XELIS

XELIS is an early-stage Layer 1 blockchain combining BlockDAG architecture with homomorphic encryption for confidential transactions and native smart contracts. The project has been in development since April 2023 with a working mainnet (18.4M max supply, 5s block time), active GitHub repository, comprehensive documentation, and technical whitepaper. The architecture addresses privacy, scalability, and programmability simultaneously through ElGamal encryption, XVM execution environment, and CPU/GPU-friendly XELIS Hash PoW algorithm.

𝕏 @xelis_project ↗ t.co 📄 WhitepaperL1promising

The early call

$100 at detection →i

$150+49.9%

Sold at the peak →i

$185+84.7%

Detection price

$0.2630

1w ago

Current

$0.3941

3h ago

Peak since detection

$0.4858

1d ago

MCap $2.4MVol 24h $65k

Last 12 days · hourly snapshots

Source: CoinGecko

AI Analysispromising

Confidence

72%

XELIS is an early-stage Layer 1 blockchain combining BlockDAG architecture with homomorphic encryption for confidential transactions and native smart contracts.

The project has been in development since April 2023 with a working mainnet (18.4M max supply, 5s block time), active GitHub repository, comprehensive documentation, and technical whitepaper.

The architecture addresses privacy, scalability, and programmability simultaneously through ElGamal encryption, XVM execution environment, and CPU/GPU-friendly XELIS Hash PoW algorithm.

Green flags: Small follower base (~9.7k) with substantive technical content rather than hype · Working mainnet with clear specifications (5s blocks, 18.4M supply, custom PoW) · Open-source codebase on GitHub with comprehensive technical documentation · Novel technical approach combining BlockDAG, homomorphic encryption, and smart contracts · Recent account (2023) with consistent technical education content rather than price/presale focus

Red flags: Limited evidence of ecosystem adoption or dApp deployment despite mainnet status · No clear team information or backing disclosed in available materials · Relatively low engagement given technical sophistication suggests limited market penetration

Token

$xel

Chain

XELIS

Stage

mainnet+live

Category

BlockDAG

Recent tweetsSee all on 𝕏 →

Privacy shouldn’t require a trusted setup. 🔐 #XELIS builds its confidential transaction system around cryptography that doesn’t depend on a secret ceremony or trusted parameters. No toxic waste to destroy. No group of participants you need to trust. No hidden setup secret that could compromise the system. Just cryptographic verification by the network. Privacy with fewer trust assumptions. ⚡

1w ago♥ 35💬 5🔁 13

Smart Contracts shouldn’t need to know your exact balance to make financial decisions. 🔐 With #XELIS Balance Proofs, a wallet can generate a ZK proof of its balance and pass it directly to a Smart Contract. 🧮 Exact balance proven cryptographically 🔒 Transaction history stays private ⚙️ Native verification inside XVM 🔗 Proofs can be used directly in on-chain logic This creates a bridge between confidential accounts and programmable Smart Contracts. Private data. Verifiable facts. Programmable logic. ⚡

1w ago♥ 79💬 20🔁 27

What if a blockchain could verify a payment without revealing the amount being verified? 🔐 #XELIS uses Bulletproofs to prove that confidential transaction values satisfy the protocol rules — without exposing those values publicly. 🔒 Amounts remain encrypted 🧮 Validity is proven cryptographically 🚫 No trusted setup ✅ Every node can verify the proof

1w ago♥ 83💬 23🔁 28

A Smart Contract doesn’t always need to own the data it wants to inspect. 🔎 On #XELIS, contracts can interact with the broader on-chain ecosystem instead of being isolated pieces of state. This opens the door to contracts that compose existing protocols and data to build more complex applications. 🧩 🔗 Better contract composability 🏗️ Build protocols on top of protocols ♻️ Reuse existing on-chain logic ⚡ Less duplication, more interoperability Composable contracts are how individual building blocks become an ecosystem.

2w ago♥ 89💬 17🔁 26

What if a Smart Contract could create functions dynamically and pass them around like values? 🧩 #XELIS Silex supports Closures — functions that can capture variables from their surrounding context. 🔗 Pass behavior as a value 🧠 Capture local state ⚙️ Build reusable execution logic 🔄 Combine naturally with lazy Iterators This enables more expressive patterns directly inside Smart Contracts — without sacrificing Silex’s static typing. Smart Contract languages don’t have to be primitive. ⚡ https://t.co/1I4S3ss6SX

2w ago♥ 121💬 23🔁 31

Signal Timeline

CR

@Cryptogether_ followed

AFirst discovered·1w ago

Score breakdown0–100

🎯Scout conviction

+17.5 / 35

📚Scout consensus

0 / 10

🪪Profile & earliness

+14 / 20

✍️Substance

+21 / 20

🤖AI verdict

+21.3 / 30

⚠️Penalties

-6 / 40

68

Below threshold (74)
Watching for additional signals.

Followers

9.7K

Account age

3.4y

Scouts

1

First seen

1w ago