General FAQs
While Salvium builds on Monero's privacy features, it distinguishes itself through its focus on DeFi capabilities and regulatory compliance. Salvium introduces staking, yield generation, and features designed to meet emerging crypto regulations while maintaining strong privacy protections.
Salvium is developed by a team of experienced, anonymous experts in Monero, decentralized finance (DeFi), and applied cryptography. While the team members remain anonymous to maintain the project's decentralized nature, they bring a wealth of experience from pioneering work in implementing advanced cryptographic techniques for transaction privacy and security. The project began as a research initiative in early 2023 and has since evolved into a full-fledged blockchain platform.
For a comprehensive overview of Salvium, please visit our About page
Privacy and Security
Salvium uses a combination of Ring Signatures, Ring Confidential Transactions (RingCT), and Stealth Addresses to protect the privacy of senders, receivers, and transaction amounts.
While Salvium builds on Monero's privacy features, it distinguishes itself through its focus on DeFi capabilities and regulatory compliance. Salvium introduces staking, yield generation, and features designed to meet emerging crypto regulations while maintaining strong privacy protections.
Salvium is actively working towards regulatory compliance. We're implementing features like Exchange Mode, refundable transactions, and view keys to meet emerging regulatory requirements while maintaining core privacy features.
Exchange Mode is designed to help exchanges comply with MiCA regulations. It includes features like freezing incoming payments and the ability to return exact received funds, enabling exchanges to operate with Salvium while meeting regulatory requirements.
Tokenomics and Mining
Yes, Salvium had a 12.01% pre-mine. This pre-mine serves two main purposes:
Build (3.5%): Allocated as incentives for early developers and contributors to support the project's launch.
Operations (8.48%): Set aside for ongoing development, enhancements, and new feature implementation. These tokens are time-locked and released over 24 monthly installments.
The pre-mine is crucial for funding the project's development and ensuring its long-term sustainability.
The block time for Salvium is 120 seconds (2 minutes).
The initial supply of Salvium is 184.4 million SAL, with a tail emission of 3 SAL per block after the initial supply is mined.
Salvium uses the RandomX mining algorithm. Detailed mining instructions are available in our official documentation.
Usage and Participation
Currently, Salvium is not compatible with hardware wallets. However, there's no technical reason preventing compatibility in the future, and we're exploring this option as part of our ongoing development.