The Honest Money Standard

Thesis

The Genesis Medallion is bound to TexitCoin (TXC) — a proof-of-work digital currency engineered to an honest money standard: a fixed supply no one can inflate, minted slowly across 138 years, secured by work, and held by you alone. The coin's final unit will not be mined until roughly 2162 — three or four generations from now. That is the horizon an heirloom deserves.

The Honest Money Standard

"Honest money" is not a slogan here — it is a set of properties the protocol enforces in code, not in promises:

• Scarce, and provably so. A hard cap of 353,396,296 TXC. No central party can print more; the supply schedule is fixed at the protocol level.
• No pre-mine, no insider allocation. Zero coins were created for founders or investors. Every TXC that exists was mined by real work — everyone began at block zero.
• Earned through proof-of-work. New coins require expended energy and computation (Scrypt PoW). Money that costs something to produce resists casual debasement.
• Self-custodied and bearer. The keys live with the holder — in the medallion's case, sealed in copper, offline, beyond any intermediary. No bank, no platform, no permission.
• Disinflationary by halving. Issuance is cut in half on a fixed schedule, so the currency tightens over time rather than loosening — the opposite of a printing press.

These are the classical properties of sound money — scarce, durable, verifiable, and outside political control. TXC implements them on a Litecoin-derived chain.

Technical specifications

The 138-year emission

TXC follows a clean geometric emission. The first epoch issues 254 TXC per block for 695,662 blocks; each epoch after halves the reward. The supply is exact:

At ~3-minute blocks, about 175,200 blocks are mined per year, so each halving epoch lasts ~3.97 years. The reward keeps halving until it rounds below the smallest unit — roughly 33–34 epochs — which places the final issuance near 2162.

Half of all TXC that will ever exist is minted in the first four years; the remaining half releases slowly across the next thirteen decades. A coin you seal today is denominated in something still being created when your great-grandchildren hold it.

Bearer cold storage — the self-custody model

The Genesis Medallion is a physical bearer instrument in the tradition of hand-struck crypto coins:

• The private key is laser-etched into the copper and hidden beneath a tamper-evident seal. While the seal is intact, the key has never been exposed — the wallet is provably untouched.
• The public address is visible on the seal, so anyone can verify the wallet's balance on a TXC block explorer without ever revealing the key.
• To redeem, the holder breaks the seal, reveals the key, and sweeps the balance into a wallet of their choosing. A broken seal means a spent or exposed coin.
• Because it is bearer, whoever physically holds an intact coin controls its contents. That is the point — and the responsibility. Treat a funded coin like cash or a gold piece.

The medallion ships empty. The owner funds the public address themselves, or requests seeding after delivery — value never travels in the mail.

Verify it yourself

Honest money is verifiable money. For any Genesis Medallion, without breaking the seal, you can:

• Read the public address from the seal.
• Look it up on a TexitCoin block explorer to see its exact, on-chain balance and history.
• Confirm the supply parameters above against the live network.

Nothing about the coin's contents requires trusting us. The chain is the witness.

This page explains a protocol, not an investment. TXC is a small-cap cryptocurrency; its market price is volatile and speculative, having traded from cents to several dollars and back. The Genesis Medallion is sold as a collectible and heirloom — its worth is the copper, the craft, the House seal, and the founding scarcity, not the token. Nothing here is financial advice or a promise of value.