http://i.cubeupload.com/fmRhhJ.pngSymbol: MC
Name: MultiCoin
Algorithm: X11
POW: 4 Million
Block Time: 120 Seconds
Block Rewards: 400 MC
POW Blocks: 10k
Stake Interest: 3% Annually
Transaction Confirmations: 6
Minted Block Confirmations: 40
Premine 1.5% for beer and Doritos
Welcome to MultiCoinhttp://s30.postimg.org/ny53xbei5/win.jpghttp://s2.postimg.org/jsmxceus5/git.pnghttp://s23.postimg.org/6o9ufexjb/yosimite3.jpg |
Addnode: 83.212.117.249:55560 |
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Exchanges:
http://c-cex.com/i/c-cex_banner_250x250.gifhttps://coin-swap.net/Websitehttp://s24.postimg.org/scs3uqkpt/site2.jpghttp://icons.iconarchive.com/icons/graphics-vibe/simple-rounded-social/32/twitter-icon.pnghttp://icons.iconarchive.com/icons/artbees/social-networks-pro/32/Facebook-icon.pnghttp://www.arm.com/annualreport09/images/icons/reddit.pngAltcoin theft is a disease. MC is the cure.
A multi-signature address is an address that is associated with more than one ECDSA (Elliptic Curve Digital Signature Algorithm) private key. The simplest type is an m-of-n address - it is associated with n private keys, and sending coins from this address requires signatures from at least m keys. A multi-signature transaction is one that sends funds from a multi-signature address.
The primary use case is to greatly increase the difficulty of stealing the coins. With a 2-of-2 address, you can keep the two keys on separate machines, and then theft will require compromising both, which is very difficult - especially if the machines are as different as possible (e.g., one pc and one dedicated device, or two hosted machines with a different host and OS).
It can also be used for redundancy to protect against loss - with a 2-of-3 address, not only does theft require obtaining 2 different keys, but you can still use the coins if you forget any single key. This allows for more flexible options than just backups.
It can also be used for more advanced scenarios such as an address shared by multiple people, where a majority vote is required to use the funds.
MC is fully capable of creating 2 of 2 signatures as long as the third signature is not set. MultiCoin is also capable of creating 2 of 3 signatures.
As a result, MultiCoin is currently the most advanced, most secure coin the world has ever seen.
Previously, encryption built into altcoin wallets was weak. Very weak. Alone, it could not prevent attackers from gaining access to your digital treasure chest. (Ref #1) Many bitcoin wallet providers have recently started alpha testing multisig encryption techniques in response to at least 1000000000(one billion) USD worth of bitcoins stolen over the last few years. (Ref #2)
Bitgo alone recently raised over 12 million USD for multisig development(Ref #3) from renowned industry leaders such as Ashton Kutcher’s A-Grade Investments, Radar Partners, Founders Funds, Barry Silbert’s Bitcoin Opportunity Corp., Liberty City Ventures, and Crypto Currency Partners. (Ref #3)
"Bitcoin investor and actor, Ashton Kutcher says that security is of the utmost importance to encourage widespread adoption of bitcoin, People ultimately want to feel like their wealth is safe. Bitcoins themselves are incredibly secure, however the means by which bitcoins are exchanged and stored can be vulnerable. That is why BitGo is such an amazing platform.”
Kutcher is also an investor in BitPay and personally started purchasing bitcoins about a year and a half ago. He says BitGo’s multi-sig technology "is the best solution I have seen to date and the company has an incredible opportunity to own the security market for bitcoin." -Forbes.com (Ref #4)
We are proud to present the most secure altcoin that has ever existed:
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