Let’s take this time to talk about some new coins for a change. I had originally intended to do this yesterday, but got sidetracked by some other things. CryptCoin is one of those coins which is getting a lot of attention lately, so let’s take a look, shall we?
CryptCoin saw the light of day on May 20th 2014, making this coin roughly four weeks old as of this writing. Ever since the launch, the developers of CryptCoin have been hard work to bring more features and support to this Crypto.
Let’s get some technical details out of the way first. CryptCoin is an X11 PoW + PoS Crypto, with a cap of 11 million CRYPT. Stake is generated at a rate of 2,75% annually. Coins will start staking after 12 hours, and the maximum coin age is one year, which is rather lengthier compared to what we have seen from other coins before.
CryptCoin is looking to bring their version of anonymity to the table, in the form of CryptCast. A very detailed whitepaper on this feature has been released, and definitely makes for an interesting read. You can find the whitepaper here.
Offering a unique, fully autonomous and anonymous design with no centralized control or monitoring, that is the real objective of CryptCoin, Also, they have no pre-mine and no IPO, which are extra brownie points in my book.
Other than that, there is not much news about CryptCoin. This does not have to be a bad thing however, as my preference would be a team of developers who work hard instead of promise to bring us things which we might as well never see materializing,
Despite the “less amount of news”, CryptCoin hasn’t gone by unnoticed. BitTrex , Poloniex, Cryptsy and MintPal have all added CRYPT/BTC trading pairs to their exchange. Not a small feat either to have Cryptsy list your Crypto before MintPal.
You can find out more about CryptCoin via the following sources :
CryptCoin website : http://cryptco.org/
CryptCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=618377.0
CryptCoin on Facebook : http://www.facebook.com/cryptcoin
CryptCoin on Twitter : http://www.twitter.com/cryptcointeam
CryptCoin donations are welcome to : EybR8Fx8fr77N9N7H2nzGHGSZDhGzU6z6W
Seems like CRYPT is poised to take the number 2 spot behind BTC.
Seems like CryptCoin is having some serious issues with anonymity: http://www.reddit.com/r/CryptCoin/comments/28e8be/securityanalysisofcryptcoinscryptcast_feature/