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Bob & Craig are Introducing JETZ a CryptoCurrency with a unique way of Anonymity without the Public Exposure, in the coming weeks.
Bob Matovski: Lead Core Developer https://au.linkedin.com/in/robertmatovski
Craig Martens: Co-Developer & Project Relations https://www.linkedin.com/in/craig-martens-9324b28
This Upcoming Release of the JETZ Project is from a 2 Man Team bringing you a Multi-Algorithmic Derived Proof-Of-Work Cryptocurrency with a Unique Consensus for Transactions through the "Random Occurrence Block"
More Information is as follows:
JETZ is a Peer-to-peer (P2P) Based Digital Currency/Commodity with Consensus Confirmation within Clients that require a "Special Random Occurrence" that is included within the Block itself, without the "Special Random Occurrence" within the Block Mined it is deemed invalid due to the consensus of the Clients trying to agree and already knowing that it isn't a Valid Block thus Rejecting it fully and discarding it from the network, this way False submissions of Blocks without the "Special Random Occurance" will never get introduced into the network.
Block times are Random, due to this the time a block can take to be mined can be from 60 Seconds to a Capped Maximum of 30 Minutes.
The Network has the ability to up-scale the Block size on required transactions at the time granted because of the "Special Random Occurrence" of Blocks and the Built-In Signalling for it inside the Clients to Verify the Procedure.
The build up of (TX's) Transactions are fundamentally flawed with the Hard Block Sizing for Cryptocoins that may or may not need it since you never know when that increase will be required and then become mute, So... We have opted to Experiment and Create a Self-Adapting Block Sizing which has thus far proven to work throughout out rigorous testing with all of JETZ features and stability withing the Client and Network itself.
The "Special Random Occurrence" in every Block enables all (TX's) Transactions that are lobbied to be sent from the Clients, since this is the Unique Mechanism that enables JETZ to provide Multi-Random outputs from (TX's) Transactions to be Double Converted thus rendering Public Confirmation Highly Improbable, only your Address remains silent & a Double Converted sending address (Or Dummy address from the Double Conversion) is sent meaning only your address will "always" be only view-able to you unless someone, somehow gets another users JETZ Wallet file, you are at your own risk with security, that is why it is needed to remain your own, Period.
Upon Receiving JETZ it is the same thing, a new address (Dummy Address) gets created every time for receiving for example from an another User or Exchange which is automatically Double Converted, only your Double Converted address is required for receiving of your coins and not your own JETZ Personal Address, the both are completely separate but the Dummy Addresses are Privately linked to the sole users wallet.
The Starting Specifications for the JETZ Project & Reward base upon Official Wallet Launch to the Public is as follows.
Block Reward: 40 JETZ
Block Time: 60 Seconds to a Capped Maximum of 30 Minutes.
Network Difficulty Rate Adjustments are every Block using the JETZ Re-targeting System.
Total Coins: 365 Million (365,000,000)
Halving "Automatically" every 5 Years and Not Block Induced (Meaning if less or more coins get mined in the 5 years due to the "Special Random Occurrence" & Random Block Times, it will still half at 1826 Days, The Extra Day from the Leap Year is Included (365+365+365+366+365)
Now for the (ICO) Inital-Coin-Offering part:
Bob & I would like to keep the JETZ Project alive with Active Development since we have created something New and Potentially something Game Changing for the Crypto Realm although it has taken us a rather long time with our personal schedules and commitments to achieve this.
That is why we have decided to do a Pre-Mine of 500K JETZ for Initial Investors if they are interested in helping fund our project, given that the ICO succeeds it will give us greater incentive to blow off our other personal commitments to work on maintaining and introducing more features at an ever growing pace.
Bob & I think that a fair price to get in on this nugget of an invention is 0.0001BTC Per JETZ coin at a Total of 50BTC worth of JETZ initially available due to the Pre-Mine for Early Investors.
The address we have created for the JETZ Initial-Coin-Offering is: 1JETZ9SFUn7Pd3KPXCE2XJmVUgGcqWpU2b
We will have this offer open for 3 weeks and will be closing it on Christmas Eve for a great Christmas Day Surprise with the Public Release of JETZ and Distribution of ICO coins to the Initial Investors.
Any coins not sold during the ICO will be Discarded or in Crypto Terms Burnt, never to see the light of day again !
*Mining from within the Client will be the only way until Stand-alone Mining Programs and Pools are created down the track*
Don't Forget, About JETZ !
|Twitter| @JETZ_MATTER
|Twitter| @JETZ_Inc
