ScalaPrice

(XLA)

Scala is a decentralized and open source web3 project that functions as a privacy oriented cryptocurrency. Originally launched in early 2018 under the name Stellite and later rebranded, the project is built on the well established CryptoNote protocol, which is also the foundation for privacy coins like Monero. Its core mission is to provide a secure and anonymous financial ecosystem that is accessible to everyone, with a specific focus on mobile device compatibility. One of the most defining characteristics of Scala is its emphasis on mobile mining. While many cryptocurrencies require specialized and expensive hardware to secure the network, Scala is designed to be mined on standard computers and mobile devices. To achieve this, the project developed a custom proof of work algorithm known as Panthera. This algorithm is a hybrid that combines several cryptographic functions specifically optimized for processors found in smartphones and everyday computers. This approach aims to democratize the mining process and prevent the network from being dominated by large scale industrial mining farms. To ensure that mobile mining is safe and does not damage user hardware, Scala utilizes a proprietary machine learning protocol called AMAYC, which stands for As Much As You Can. This system monitors the temperature of the device in real time and automatically adjusts or pauses the mining process if the hardware begins to overheat. This allows users to contribute to the security of the blockchain using their Android devices without risking the longevity of their phones. The Scala ecosystem includes several specialized tools and applications. Scala Vault is the project's official mobile wallet, offering a simplified interface for managing transactions while maintaining high levels of privacy through stealth addresses and ring signatures. Another notable component is Scala Share, a decentralized content delivery network that leverages IPFS technology to allow users to share files anonymously. This highlights the project's broader goal of integrating distributed storage and web3 features into its privacy framework. Security on the network is further bolstered by the use of notary nodes. these nodes help protect the blockchain against potential attacks and improve synchronization speeds for users. Because the project is entirely community driven and open source, it relies on a contribution system where developers and community members can propose and work on improvements to the ecosystem. In summary, Scala stands out in the web3 space by combining strong privacy protections with a unique focus on mobile accessibility. By allowing users to participate in the network through energy efficient mining and decentralized file sharing, it strives to create a more inclusive and private digital economy. Learn more

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