Coin name: LONG COIN Coin ticker: LONG (LNG) Hash algorithm: SHA-256 Message Encryption Algorithm: ecdh and aes cbc Coin Type: POW Block time: 2 minutes Premine: 0 Mined Blocks confirmation: 30 blocks Transactions confirmation: 6 blocks Block reward: 10 000 LONG Fixed fee: 1 LONG/Кб - Short SMS — 1 LONG - Standard financial transactions — 1 LONG - The limit on the amount of data transaction is 64kB (max fee is 64 LONG) Multicast transactions with simultaneous transmission of coins and messages
LONG NETWORK Core — Cryptographic decentralized network on an open source blockchain (based on bitcoin-core-0.12.1) LONG NETWORK works on the principle of encryption of all outgoing messages. All messages automatically fall into a single blockchain, accessible to all network members, and the fact that messages appear on the blockchain is “seen” by everyone. But! Even the sender cannot determine which computer will ultimately “read” the message, since only the addressee who owns the secret private key associated with the recipient’s address can “read” the message. Unlike traditional crypto messengers and networks, it is impossible to establish the very fact of “contact” of the sender and the recipient, which is the most compromising factor and makes it easy to decrypt messages by striking devices on the head. The system uses addresses similar to Bitcoin network addresses, which can be created locally by the user in unlimited quantities.