Titan Coin (TTN) is a new, experimental coin that provides an easy and more secure way of making instant digital payments to anyone in the world.
Now, you might be wondering how then Titan Coin is different from many other payment-focused digital currencies out there.
Yes, it is true that there is no lack of digital currencies (cryptocurrencies) and payment networks that claim to enable global payments through a decentralized technology like blockchain. However, all the existing global payment networks have some kind of issues.
For instance, centralized payment systems are slow and charge a high transaction fee. Decentralized payment networks are better in terms of security and low transaction cost, but there is still the issue of limited speed.
Titan Coin (TTN) is a decentralized currency that aims to resolve all these issues and facilitate highly secure, faster and low-cost payments worldwide.
Still wondering how Titan Coin is different from others? Let’s take a look at some of the unique features of this coin.
Next-Gen blockchain technology]Blockchain Technology[/b]Titan Coin is developed on its own next-generation blockchain technology that employs Hybrid POW & dynamic POS along with SHA 256 + Groestl (Dual Algorithm) to ensure that the transactions passing through the network are secure, fast and incur low energy consumption.
Hybrid POW / POSThe use of hybrid PoW/PoS consensus system enables Titan Coin to integrate the features of both PoW (Proof of Work) and PoS (Proof of Stake) systems into one and negate each other’s limitations to create a truly secure and payment network.
SHA256D SecurityTitan Coin uses the same SHA256D algorithm as bitcoin but employs a safer and faster transaction system. SHA-256 is an advanced cryptographic security mechanism which uses hash functions for validating the integrity of a particular data.
This ensures that data is properly validated before adding to the blockchain. This, coupled with Dual PoS/PoW system, provides Titan Coin blockchain with a higher level of security.
Peer-to-peer technologyTitan Coin’s revolutionary blockchain technology uses a peer-to-peer mechanism for performing transactions without any centralized or third-party entity. It means that the transactions going through the network are verified by the network itself, by consent. The Decentralization of records ensures that no single person can modify or alter the data once recorded.
Titan Coin WalletTitan Coin comes with a dedicated coin wallet, which one can use to store and transact (send/receive) coins. The wallet will be available for multiple platforms, including web wallet, Android wallet, iOS/MAC wallet, Linux wallet, Windows Wallet, etc.
Trading on ExchangesTitan Coin is already being traded with top currencies like Bitcoin on a number of popular exchanges such as
P2PB2B, ENMANET, Crex24, and ESCODEX, novaexchange, southxchange, and Coin exchange. The coin is designed to be easily tradable with multiple currencies which will improve its liquidity and usability.
ApplicationsBesides being used as a preferred coin for global digital payments and for the trading of multiple crypto-assets, Titan Coin will also be used for gaining access to a range of in-house applications.
These include Titan Fantasy Sports Gaming App, Titan Dating Android App, Titan Family Security App, Titan Sales Team Reporting App, etc. The system is designed such that new applications can be added anytime in the future in association with merchants worldwide.
To know about the Titan Coin and its unique blockchain technology, read the
Titan Coin white paper.
You can also visit the official website of
Titan Coin (TTN) for further details
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