The Salvium

Knowledge base

Frequently Asked Questions

General FAQs

How does Salvium differ from other privacy coins like Monero?

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.

Who is behind the Salvium project?

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.

What is Salvium?

For a comprehensive overview of Salvium, please visit our About page

Privacy and Security

How does Salvium ensure privacy in transactions?

Salvium uses a combination of Ring Signatures, Ring Confidential Transactions (RingCT), and Stealth Addresses to protect the privacy of senders, receivers, and transaction amounts.

How does Salvium differ from other privacy coins like Monero?

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.

How does Salvium address regulatory compliance?

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.

What is the purpose of the "Exchange Mode" in Salvium?

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

Was there a pre-mine for Salvium, and if so, what was its purpose?

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.

What is the block time for Salvium?

The block time for Salvium is 120 seconds (2 minutes).

What is the total supply of Salvium (SAL) tokens?

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.

How can I mine Salvium?

Salvium uses the RandomX mining algorithm. Detailed mining instructions are available in our official documentation.

Usage and Participation

Is Salvium compatible with hardware wallets?

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.

Technology and Features

What are Asynchronous Transactions in Salvium?

Asynchronous Transactions allow for minting of coins in separate blocks from burn transactions, enabling more complex operations like yield payouts for staking.

What is the "protocol_tx" feature in Salvium?

Protocol_tx is a block-level transaction used for minting new coins (except block rewards) and facilitating advanced features like stake payouts and yield distribution.

How does staking work in Salvium?

Staking in Salvium allows users to lock their SAL tokens to earn rewards. Stakers receive 20% of the block reward, distributed proportionally among all active stakers based on their staked amount.