HashrateCoin A new Cryptocoin for buying/selling/sharing Computing Power and Hashrate.
What is HashrateCoin? HashrateCoin(HRCN) project is designed to bring computing power to masses without paying big dollars to big corporations. It will create a community asset to share, buy, sell extra computing power which can be used when needed. We will not do an ICO ever. It's a community funded project and community will fund it. The technology behind this coin is CryptoNote which created this decentralized privacy-oriented digital currency. CryptoNote currencies are anonymous, and verifies transactions using a traceable ring signature which provides double spending protection. CryptoNotes proof-of-work mechanism (Egalitarian proof of work) is actually a voting system where users vote for the right order of transactions, new features in the protocol and honest money supply distribution. The difficulty and the maximum block size are automatically adjusted with each new block.
Social Media:
Website : http://hashratecoin.org/ Twitter : https://twitter.com/HashrateC (Not working, we are working with Twitter Support team to fix the issue)
Specifications >> PoW Hashing Algorithm: CryptoNight >> Max supply: ~1.0 Billion (with tail emission) >> Pre Mined and Allocated for Dev Activities: 10 % >> Block reward: Smoothly varying >> Block time: 120 seconds >> Decimal Points: 8 >> Difficulty retarget time: After Every Block >> Reward retarget time: After Every Block >> Coin Emission Speed Factor: 20 >> Coin Difficulty Target: 120 >> Coin Address Prefix: XRxN
Team We are hiring following team members. These are volunteer positions but will get 1000000 (Yes 1 Million HRCN coins) if hired. Send your resume to hashratecoin@gmail.com. Attn # Peter