Post
Topic
Board Altcoin Discussion
Re: Anti ASIC/GPU/FPGA POW-algorithm. New (2019).
by
flamehowk
on 14/03/2020, 18:33:11 UTC
The official good news ...
Today we concluded an agreement with foreign investors on the implementation of our first project, which was called VenusGEET. Now, however, it will be realized under a different working name, but the essence remains the same.

Firstly, it is a cryptocurrency for everyone, the coin mining in which is protected from specialized equipment like ASIC, GPU, FPGA. That is essentially CPU_Only cryptocurrency. Such protection will be based on the innovative POW algorithm developed by me based on RBF (ring bit functions).

Secondly, it will be the first cryptocurrency such as RawCoin in the world, that is, a crypt whose value is tied to the raw materials most used by mankind.

Thirdly, it will be paired with a decentralized messenger based on the possibility of complete anonymity of users on the network, and will be provided with strong cryptography.

Well, there are still interesting things that I just do not want to reveal in the interest of intrigue.

In any case, this is a good and interesting project that has long been awaiting not only the crypto community, but also many users of information technology in the world. And I hope that he will nevertheless help our company take a step forward.