One of the most popular coin at this point in time has to be Razor (RZR), the self-proclaimed “next level of Cryptocoin technology”. It’s time we take a closer look at this Crypto to see what makes this so special all of a sudden!
Razor is developed with the privacy of the users in mind. In order to do so , the Razor network communicates via the Tor network natively, making it the first ever truly anonymous Crypto network. Liking it so far!
This also brings a new level of anonymity to Crypto, as Razor will not only mask your RZR transactions, but also protect your entire identity because of the Tor implementation. The least we can say is that this coin is privacy centered!
A remarkable developer choice is to make Razor a Scrypt Crypto. Don’t get me wrong, I’m very happy with this choice, as I have a small Scrypt ASIC miner I can put to good use. The developers feel Scrypt is in a stage everyone can participate in and still have the best of both worlds.
Let’s take a look at Razor’s technical specifications : There will be 2 million RZR , all of which will be mined, as there is no Proof-of-Stake. Block difficulty will retarget through Kimoto’s Gravity Well, and there is no pre-mine. Liking it even more!
I know a lot of you are focused on exchanges, and Razor is currently listed on two exchanges : Coins-E and BitTrex. One RZR is currently trading at a price of 150,000 Satoshi on BitTrex, and there is over 500 Bitcoin in trading volume on this coin over the past 24 hours.
There are also two very interesting and detailed whitepapers you might want to take a look at :
An Analysis of Anonymity in Bitcoin Using P2P Network Traffic:
http://fc14.ifca.ai/papers/fc14_submission_71.pdf
The Razor whitepaper and solution to the previous whitepaper:
https://www.dropbox.com/s/dl6aozbf3ddgjpy/Razor_Whitepaper.pdf
You can find out more about Razor using the following sources :
Razor Website : http://razorco.in/
Razor on BitcoinTalk : https://bitcointalk.org/index.php?topic=644498.0
Razor on Twitter : https://twitter.com/TheRazorCoin
Razor donations are welcome to : RNQTpcq2oVzszbQG9fPgiNxfKmy922VTF3
Sounds interesting! I will investigate more 🙂
RazorCoin started life as nothing, Mined by insider information (Bittrex) it was added to a exchange (Bittrex). Now Bitrrex dumps Razorcoin onto its users. WELL DONE BITTREX.