There was so much excitement for this project but I guess this project was lost and not materialized fully.
But I want to point you all guys, there is Cryptonote based pure POS project now.
I am not writing this post to spam or marketing of the project but please do read the project whitepaper for all technical details.
Here is the short description of the project.
The
"CUTCOIN" is the Cryptonote based project which as successfully implemented pure Proof-Of-Stake consensus.
In the Cutcoin consensus Wallet balances, transaction amount, sender, and receiver are private by default. Its innovative Proof of Stake consensus is the first to keep the total amount of coins even in staking wallets completely concealed. There is no minimum amount for staking, any amount above 0 CUT can be staked. The project has its own Staking pool for smallholders and it pays out every day.
The team behind the project has not stopped there, CUT COIN has successfully implemented privacy tokens on the Cutcoin network. This makes Cutcoin the first project on which has Privacy token functionality. The tokens deployed on the Cutcoin chain inherit all privacy properties as CUT COIN, MOnero, or any other cryptonote project, including RingCT.
Read project whitepaper for all technical details about POS and Token development.
Official website: https://cutcoin.org/
White Paper: https://static.cutcoin.org/cutcoin-whitepaper-v1.0.pdf
Token white paper: https://static.cutcoin.org/cnt1-whitepaper-v1.0.pdf@everyone
