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technicals

technicals

Our cryptocurrency technology empowers both consumers and producers in the medical marijuana industry with an independent, decentralized banking solution.

Consumer Advantages:

• Anonymous Payments: With KushCoin, you don't have to provide your personal information or credit card info. This secures your privacy rights against the legal whims of future administrations and makes identity theft virtually impossible.

• Total Security and Control: KushCoins are protected by next generation cryptography - beyond current military standards. This ensures that no-one, including state actors, can unilaterally transfer your funds.

• Zero Transaction Fees: Decentralized blockchain technology makes zero cost transactions possible, with an option for including a “mining fee” to complete your transaction at a prioritized speed.

• Mobile Payments: Pay with the comfort and convenience of a dedicated mobile wallet (coming soon).

Producer Advantages:

• Borderless Payments: KushCoin uses decentralized technology, meaning that there is no difference in fees or limits. Whether you're supplying to the distributor next door or on another continent, your transactions cannot be censored and will complete near instantaneously.

• No Compliance Required: Receiving credit card payments online, especially in evolving legal environment like the marijuana industry, can be a an unsurmountable hurdle for small local businesses. With KushCoin, there are no PCI standard or any other compliance requirements.

• Zero Transaction Fees: Decentralized blockchain technology makes zero cost transactions possible, with an option for including a “mining fee” to complete your transaction at a prioritized speed.

• Protection Against Fraud and Chargebacks: Unlike Paypal or other popular methods of online payment, KushCoin is immutable by design and transactions are final and irreversible. By eliminating the business cost of chargeback fraud, your lean operation can focus on being more competitive.

Coin Specifications:

• Algorithm: X11

• PoW + PoS:

 Start           End      PoW
     1         1,200      420
 1,201         2,400      400
 2,401         3,600      380
 3,601         4,800      360
 4,801         6,000      340
 6,001         7,200      320
 7,201         8,400      300
 8,401         9,600      280
 9,601        10,800      260
10,801        12,000      240
12,001        13,200      220
13,201        14,400      200
14,401        15,600      180
15,601        16,800      160

Total POW 4,872,000

 Start           End        PoS
16,801        18,499 124*CA/365
18,500        19,000        124
19,001        21,000         20
21,001    Perpetuity          2  

• POW Block Time: 72 seconds

• POS Block Time: 260 seconds

• Minimum Stake: 10 hours

• Maximum Stake: 30 hours

• Maturity: 150 blocks

technicals.txt · Last modified: 2024/01/28 22:32 by cyrano