Kegcoin gold
Meet kegcoin gold, the cryptocurrency of the future.
Kegcoin gold is an open source decentralised cryptocurrency which provides almost instant and low fee transactions all around the world through the kegcoin gold network. Anyone can participate in the operation of Kegcoin gold network by mining coins. On average kegcoin gold block network mines a block every 30 seconds, and all transactions are carried out over the internet, unlike fiat money transactions which require you to trust in a 3rd party suck as a bank. Kegcoin has implemented he cryptonote core V2 protocols and therefore all transactions on the kegcoin network are 100%
untraceable and
unlikable. Kegcoin is ASIC resistant and we feel this is important as ASICs can cause slight centralisation , especially on a coin with not many miners. At block 220700 Kegcoin forks to its own algo, Keghash Lite - it is very well suited to CPUs and therefore everybody can mine kegcoin efficiently, increasing decentralisation. Kegcoin has super fast transactions (30 second block times) and the lowest fee of any network
Kegcoin Gold Specifications:Type: - POW
Algo: - Keghash Lite
Block Time: - 25 seconds.
Fee per transaction: 0.00001 KEG
Avg Block Reward (current): - 22.5 KEG + log(difficulty) (steady decreasing plus increasing with difficulty)
Mined Coins Maturity: - 40 blocks (20 mins).
Max Supply: - 1,000,000,000 KEG (1 billion)
Premine: - 0.05%
Why does privacy matter anyway?One of the most critical flaws in Bitcoin is its lack of privacy. Here are some examples when the lack of privacy in bitcoin becomes a issue (there are many more):
- 1. You are travelling through parts of a country with a medium to high violent crime rate. You need to use some of your Bitcoin to pay for something. If every person you transact with knows exactly how much money you have, this is a threat to your personal physical safety.
- 2. You are a business that receives a payment from a supplier. That supplier will be able to see how much money your business has, and therefore can guess at how price sensitive you are in future negotiations. They can see every single other payment you’ve ever received to that Bitcoin address, and therefore determine what other suppliers you are dealing with and how much you are paying those suppliers. They may be able to roughly determine how many customers you have and how much you charge your customers. This is commercially sensitive information that damages your negotiating position enough to cause you relative financial loss.
- 3. You are a private citizen paying for online goods and services. You are aware that it is common practice for companies to attempt to use ‘price discrimination’ algorithms to attempt to determine the highest prices they can offer future services to you at, and you would prefer they do not have the information advantage of knowing how much you spend and where you spend it.
- 4. You sell cupcakes and receive Bitcoin as payment. It turns out that someone who owned that Bitcoin before you was involved in criminal activity. Now you are worried that you have become a suspect in a criminal case, because the movement of funds to you is a matter of public record. You are also worried that certain Bitcoins that you thought you owned will be considered ‘tainted’ and that others will refuse to accept them as payment.
Kegcoin solves these privacy issues by automatically applying privacy techniques to every single transaction made. You can have confidence that it is not possible to own ‘tainted’ Kegcoin. This is a concept in economics known as ‘fungibility’ and is historically considered an important characteristic for any currency to have.
Links:
pools:
https://miningpoolstats.stream/kegcoingolddiscord:
https://discord.gg/WffDKjFSource codehttps://github.com/kegcoin-project/kegcoin-gold Windows :
https://github.com/kegcoin-project/kegcoin-gold/releases exchange https://tradecx.io/markets/kegbtc
