Joulecoin (XLO) is a decentralized cryptocurrency based on Bitcoin's algorithm (SHA-256). XLO was created to perform quick confirmations and transaction comments. Joulecoin was released to the public in 2013. The lock time is estimated at 45 seconds with a block reward of 16 XJO. Difficulty retargets every block and reward halves every two years. The minimum award is set at 0.001 XJO. To begin mining, you need a Windows or OSX wallet. Mining pools for Joulecoin are iSpace and e-pool. Exchanging coins can happen on Cryptopia or Yobit. The number of total coins in circulation will be 45 million. In 2017 Joulecoin passed 1 million market cap. At present, the cryptocurrency has been undergoing some changes and significant wallet updates.