Announcing Capricoin+ : Secure. Upgradable. Built to last
About Capricoin legacy:Capricoin legacy was launched on Jul 3 2015 and was a hybrid PoW/PoS coin that was designed for large volumes of transactions, however, this coin has lagged in development and implementing the features the Capricoin team has planned would have required a complete redesign and multiple forks, so the team opted for a coin swap instead.
About Capricoin+:Capricoin+ is a multi-purpose digital currency. It’s a next-generation privacy coin that hides the transacting amounts and participants, a voting ticket, a moderation token, a source of passive income, and much more. It is at the heart of the Capricoin Plus ecosystem and acts as the fuel that makes the platform run.
Open Source:Following the lead of Bitcoin, Capricoin+ advocates for an open-source policy. Open source projects have positive effects when it comes to sustainability as it embraces and celebrates principles of open exchange, collaborative participation, peer-reviewing, rapid prototyping, transparency, meritocracy, and community-oriented development. This aspect of the protocol gives users and programmers the ability to inspect, modify and enhance the source code, and finally build on top of it.
Secure:The Capricoin+ developing team takes its users security extremely seriously as reflected by the many layers of security protecting the Capricoin+ platform’s users. Whether it be securing stakers funds through cold staking or keeping marketplace users identity and data safe from malicious actors, the Capricoin+ platform is designed with security at its core and makes no compromise about it.
Cost of the network:The Bitcoin network is very expensive to maintain. Currently, there are 25 Bitcoins created every 10 minutes. Doing some quick math. One will find at the current price of $275.00 the one year price to pay miners is over 360 MILLION dollars! This is a huge overhead to keep the network running. Unless there is new adoption it often leads to a drop in price. What happens when the Bitcoin block rewards reduce. Meaning the miners are not able to make us much money as they need to pay for everything. One of 2 things. First is they may stop mining. We saw this to a degree in the spring of 2015 when Bitcoin fell below $200.00. Many miners simply stopped. The result of this was even slower confirmation times. What happens when it gets so bad miners in mass stop mining? To keep the network alive? Bitcoin will probably have to enable larger fees. Some speculate that they could be over .50 cents USD per transaction. This isn't much if you're sending several thousand dollars abroad. But what if it was attached to your Ice Cream Cone purchase. Or soda at the local quick mart. It is unacceptable. Because the Capricoin network does not employ miners? It will never face such an issue. Long term? Capricoin makes even more sense. The network grows at little to no cost. As it grows it gets even faster.
Private by Design:Capricoin+ leverages the Bitcoin codebase as well as several audited privacy protocols (confidential transactions and Ring Signatures) to offer a flexible but secure environment for users and developers to easily transact and build decentralized applications that redefine the blockchain industry’s security and privacy standards.
Decentralized:The Capricoin+ economy is one that is decentralized, private and democratic. We believe many sectors can be improved and rendered more efficient by being designed in a decentralized fashion. Fees can be significantly reduced and no trust to a central authority or party is required, making activities within the platform more cost-efficient, private and secure. Furthermore, the resilience of the platform to attacks is greatly improved as the only way to shut it down is to shut down the internet completely.
Community GovernanceThe Capricoin+ platform is governed exclusively by its community and no central authority, including the Capricoin Foundation and developing team, possesses any kind of decisional power as it relates to activities happening within the platform. Capricoin’s marketplace does not have any rule on what can be listed, it is instead being moderated entirely by the stakers who need to flag inappropriate content. Capricoin+ takes the power back into people's hands!
ScalabaleScalability is the ability of a blockchain to be able to sustain a lot of traffic without having its performance negatively impacted by it. We believe this aspect to be very important for any platform that wishes to support a large community of users, let alone an entire global economy. Scalability has always been one of the core attributes of the Capricoin+ platform and is one the reason why it is being kept updated to the latest version of the Bitcoin Core codebase. Not only has the blockchain been natively integrated with Segwit since the first block, but the Capricoin+ platform is also being worked on so that it will integrate several critical scaling enhancements such as the Lightning Network, Schnorr signatures and CT Bulletproofs, only to name a few. Particl aims to be one of the most efficient and lightweight privacy projects in crypto and a lot of research and development is being made on that front.
Passive IncomeThe Capricoin+ platform uses Proof-of-Stake, its own native PoS protocol massively improved upon PoS3 on which were added cold staking, quantum-resistance, voting and more. Stakers, the Capricoin+ equivalent for miners, can earn a minimum of 2% yearly staking interest in exchange for securing the network with their coins. On top of these staking rewards, stakers earn all fees and revenue generated by the platform (marketplace, decentralized applications, transactions, messaging, etc.) which means staking becomes increasingly profitable as more people participate in the Capricoin+ economy. Other ways to earn money on the Capricoin+ platform include setting up a shop on the Capricoin+ marketplace or using any other Dapp on which revenue can be generated.
Capricoin+ SpecificationTicker: CPS (CPC old ticker)
Consensus: Proof of Stake
Block Time: 60 seconds
Confirmations on Transactions: 6
Premine: 200 Million
Maximum supply: 1 Billion
POS staking rewards: 2% Annually
Mainnet:
RPC: 11112
P2P: 11111
Testnet:
RPC: 12112
P2P: 12111
Website:
Capricoin.orgLegacy Github:
https://github.com/Capricoinofficial/CapriCoinGithub:
https://github.com/Capricoinofficial/capricoinplus-coreLegacy Block Explorer:
https://chainz.cryptoid.info/cpc/Block Explorer:
https://chainz.cryptoid.info/cps/Official Block Explorer:
http://explorer.capricoin.org/Wallets:
https://www.capricoin.org/downloads
