I don't understand. what algo is it ?
why we need to ask for 1 coin to start mining ?
It is a new innovation algorithm that makes it useless to use a mining pool. The mining pool cannot sign the block after it has been found, the user that owns the transaction is the only one with the key. Plus, the only way to mine is to use user transactions. It is highly inefficient for users to send all their txs to a centralized pool and have the centralized pool send them out in batches.
The transactions are the potential hash power that the CPU can operate on. You want your CPU to be busy as possible doing PoW on the transactions to find a block. This is the key to the algorithm and prevents mining pools from operating with this coin.