BLOC.MONEY | Ƀ BLOC
BLOC.MONEY | Ƀ BLOC
Cryptocurrency powered by an open-source blockchain with anonymous transactions
The blockchain is the technology allowing to send money without the need of intermediaries
The blockchain is a decentralized memory of all transactions. Meaning that its records are shared between every user in the network. Every operation in the order, dating back to the very first, is engraved in the Blockchain. You can browse through the Blockchain using the "BLOC Explorer".
No one has the possibility to rewrite or modify the Blockchain ledger, the protocol is unalterable and incorruptible by nature. Everyone can join the network simply by downloading the wallet and running the software.
The BLOC.MONEY Ƀ BLOC is based on the CryptoNote technology and uses a universal open-source public ledger like Bitcoin. However, unlike the blockchain technology that powers many other cryptocurrencies, Ƀ BLOC currency make it essentially impossible to tell which party sent money and which party received money on the blockchain. All that can be seen is an approximate amount of money that was sent in the transaction. Except for the sender and the beneficary of course.
No third party is required to keep your BLOC.money safe. Nobody can seize your BLOC.money. You are the only reponsible of your fund. You and only you can control your fund. You are your own bank.
Cryptonote technology also relies on a hash-based proof-of-work algorithm that is significantly different than that of Bitcoin and other popular cryptocurrencies. Ƀ BLOC uses a memory-bound function called CryptoNight Haven. Our Proof Of Work algortyhm is designed to make low end and high end hardware mining roughly equally efficient and restrict ASIC mining. This can help mining to remain a lot more distributed, as opposed to centralized. The algorithms behind CryptoNote technology also enable protection against double spending, blockchain analysis resistance, egalitarian proof of work, and adaptive parameters.
it is about time to change the world we are living in and provide a better future to our progeny. A real decentralized world. That's one of our mission with Ƀ BLOC to build a more open, accessible, and fair financial future. Our technology is revolutionizing the financial services industry by empowering users across the globe to authenticate and transact immediately and without costly intermediaries.