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Cryptonite
XCN
Cryptonite...

XCN/USD

$0.00
Market Cap Circulating Supply Volume 24hr Last Change Graph (24hr)
$1 K 259 K XCN $28 M 0.0734%
BTC - USD Vol: Ƀ $28 M
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Cryptonite

The Mini-blockchain Project is an open source community project first founded with the aim of developing and implementing the mini-blockchain scheme in order to create a new breed of scalable cryptocurrency. As a result of this initiative the project has been able to develop Cryptonite, the first open source cryptocurrency to implement the mini-blockchain scheme and a range of other innovative features.

Cryptonite (also known as Crypton) is a fork of the Bitcoin core but the code has been extensively modified and expanded upon. Innovative new features include withdrawal limits and unmalleable transactions. 

Cryptonite had no pre-mine, no IPO, the difficulty adjustment algorithm is designed to adapt quickly and prevent instamines, the coins are distributed fairly over a long period of time (half mined after 10 years).

Cryptonite has an unparalleled potential for scalability and transaction capacity. The total coin supply has a full 64 bits of granularity, the nonce and the timestamp have also been increased to 64 bits. The M7 PoW algorithm uses multiple cryptographically secure hashing algorithms.

Algorithm
Block Confirmations
Block Halving
Block Reward
Block Time
Consensus

M7

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Every Block

60 Seconds

Proof-of-Work

Difficulty Cycle
Pre-mine
Ports
Max Supply
Mining
Launch Date

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0%

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1,840,000,000

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