About KURRENT
KURRENT is the first digital currency based on the Zerocoin Protocol features that uses X11 POW Algorithm and knowledge coin that support random bonus blocks in zerocoin capable altcoin.With KURRENT you'll be able to prove that you simply own a coin without revealing that one is yours.
ZEROCOIN PROTOCOL
During beginning knows as "MINT" your coin goes into associate accumulator and through the second step knows as "SPEND" one will prove that he owns a coin within the accumulator however doesn't need to indicate that explicit coin is his.
KURRENT use X11 instead of Lyra2 algorithm used in different zerocoin capable altcoins to facilitate mining through GPU, and eliminate the botnet control and possible hidden GPU miners.
Why KURRENT Choose To Use X11 as POW Algorithm?
The fundamental reason KURRENT use X11 as POW Algorithm, X11 is GPU-friendly algorithm. It's used by several altcoins and proven to be very stable.
Why KURRENT Uses Zerocoin Protocol Instead of Zerocash Protocol?
Zerocoin and Zerocash are 2 different yet pretty similar protocols, each provide zero data transactions. Zerocash is newer and it hides more information. Yet Zerocash is complex, and its processing is memory demanding and slow. Zerocoin protocol is much faster and less memory dependant. Zerocoin protocol has been better reviewed and approved by the community. Also, since Zerocash hide most information, it's possible that devs or hackers design backdoors, for example generate additional coins secretly that other people will not see (as witnessed in the ZCashDarkCoin case).
With Zerocoin, the total supply is visible through the block explorer, and it's impossible for dev or hacker to play cheating there.
What is Super Bonus Blocks? Why They Are True Random?
Super Bonus Blocks are random blocks with given probability (average once per day in Kurrent) that give 100X the normal payment. For example, for the first 2 years the normal payment per block is between 64 coins and 128 coins. The Super Block pays 100 times the normal payout, or 6,400 to 12,800 coins per block. The determination of the super block is based on the current block hash so it can't be predicated before the block itself is generated. The big mining power will not be able to implement an algorithm to predict the super block. That is why we call it true random.
Why KURRENT Do a Premine, Instead of ICO or CFC?
We want to be with the community, yet we need resources to fund our development, maintenance and network server and other resources.
Instead of taking an ICO/CFC, where we would be basically risk-free and it would disconnect us from the community (the coin could go to value-less, yet ICO/CFC fund will still have the value), our thinking is that dev and community should be on the same boat. The coin is our incentive. Our goal as well as the goal of the community who own the coin are the same, which is to make the coin a big success. That's why we decided to make a small (5%) premine.
Also the premine includes bounties that will be distributed to contributors from community who help creating the coin better.
SPECIFICATION OF KURRENT
- Name: KURRENT
- Ticker: KURT
- Type: PoW
- Algorithm: X11
- Block Time: 60 Seconds
- Block Rewards: 64-128 KURT (Determined randomly)
- Daily superbonus block with 100x normal payment
- Mined Blocks: 70 Confirmations
- Confirmations: 6
- Difficulty Retargeting: Each block
- PoW Block Halving: Every 2 Years
- Coin Supply: Approx 228 Millions
- Pre-mine: 5% for Bounties, Development, Maintenance, Equipments/Servers, etc.
KURRENT WALLET
- Windows: Download - MAC: Download
- IOS
- Android
Node:
addnode=82.144.204.28 addnode=47.184.192.118 addnode=173.212.198.143 addnode=162.255.117.105 addnode=192.99.8.126 addnode=97.84.74.190 addnode=95.85.55.160 addnode=85.214.124.205 addnode=217.103.236.176 addnode=209.188.18.52 addnode=37.187.167.145 addnode=95.85.33.201 addnode=85.236.188.28 addnode=188.134.72.213 addnode=176.9.19.237 addnode=78.70.227.24 addnode=185.11.195.45 addnode=136.243.40.220
EXCHANGE
- Cryptopia - Coinexchange
- Novaexchange
- Yobit
OTHER LINK
- Official website: http://kurrentproject.com - Twitter : https://twitter.com/Kurrent_Project
- Facebook: -
- Source: https://github.com/kurrentproject/Kurrent
- Pools :
Next update soon :)
What's more, money can be helpful while everything else fizzles - PC systems go down, or the influence bombs by and large. We would prefer not to scam poor people (truly), or shoot ourselves in our aggregate foot.
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