TXZ Whitepaper

Abstract

TXZ is a Proof-of-Work blockchain designed with an emphasis on deterministic behavior, conservative security assumptions, and long-term operational sustainability. The protocol prioritizes correctness, auditability, and resilience against common consensus and network-layer attacks.

This document describes the system architecture, monetary design, treasury mechanism, and security considerations without making claims regarding financial performance or value.

1. Design Goals

2. Consensus Mechanism

TXZ uses Proof-of-Work (PoW) consensus.

Key Parameters

PoW was selected due to its long operational history, resistance to Sybil attacks, and independence from identity-based trust assumptions.

3. Monetary Policy

TXZ uses a fixed block reward model with no scheduled halvings. Each block reward is enforced at the protocol level:

4. Treasury Mechanism

The treasury is implemented as a consensus-enforced output in each coinbase transaction.

Treasury funds may be used for protocol maintenance, infrastructure, security audits, and open-source development.

5. Coin Maturity Rules

Newly mined outputs are subject to a coinbase maturity period before they can be spent.

Security Benefits

6. Network Security

TXZ nodes operate in a peer-to-peer network with connection limits, misbehavior scoring, and optional privacy routing.

Threats Considered

7. Data Integrity

All blockchain data is protected by cryptographic hashes and Merkle trees. Nodes reject invalid blocks and transactions at all stages.

8. Software Safety

TXZ software is open-source, reproducible, and designed to minimize consensus-critical complexity.

9. Non-Goals

10. Risk Disclosure

Use of TXZ software involves inherent risks, including software defects, network attacks, consensus failures, and user error. Participants are responsible for understanding and managing these risks.

11. Conclusion

TXZ is a conservative Proof-of-Work blockchain focused on correctness, transparency, and long-term operational security.

Its design avoids reliance on trust, promises, or discretionary control.

This document is provided for informational and technical purposes only. It does not constitute financial advice, investment solicitation, or a guarantee of any outcome.