Colossus coin is a cryptocurrency designed to be resource friendly and good for the environment. Users stake their coins for a return every 7 days. Like Dash, COLX also has a masternode system. This requires the user to stake 10,000,000 COLX. Transactions get confirmed quickly. Transaction fees are usually very less. It also features many privacy advantages over Bitcoin. Privacy is provided by Private Instant Verified Transaction (PIVX) technology and Obfuscation Mining Mechanism. SwiftTX ensures that even zero confirmation transactions are reliable.