ColossusXT (COLX) describes itself as a community-oriented, energy-efficient coin with a strong focus on decentralization, privacy, and real-world implementation. It reportedly uses an energy-efficient Proof of Stake 3.0 protocol and a second-tier Masternode network for inclusive community-based governance along with a self-funded blockchain-based treasury system, with an eye toward sustainability. To achieve this level of usability, COLX aims to continually evolve. COLX's goal is to be an advanced digital currency that is fast, secure, decentralized, private and connects all its users for a more giant Grid purpose. Colossus Grid is a project that aims to reward people for their voluntary contributions to the network. With this, ColossusXT seeks to compete in the global market for distributed computing power and decentralized storage while leaning on the backbone of a privacy blockchain.