ABOUT
Crypto is a decentralized cryptocurrency designed for short transaction times, anonymity and a consistent, stable value. Crypto is a coin designed with the best features of the other cryptocurrencies around; its purpose is to form a flawless coin with a strong community based on all the great ideas of other cryptocurrencies. There is also another purpose of Crypto; to fix a problem which almost all the other cryptocurrencies have to endure. As more coins are generated the value of these coins goes down by a great amount over time becuase the amount of coins you get is only lowered every few years. However, this is not the story for Crypto. Every 10 days, the amount of Crypto distributed to the miners is lowered, which should fix the inflation issue. In addition, the decrease in Cryptos can be fully customized at any time without having to fork the block chain due to the programming structure of the subsidy.
Click the graph down below to se the percentage decrease in subsidy every ten days for the next 20 years.
As seen on the graph, the amount of coins distributed to the miners decreases more and more as time goes by. In theory, the value of Crypto would rise with how hard it is to obtain them which means that more investors will be interested in buying Crypto, thus giving Crypto a higher value.
Moreover, Crypto uses a proof-of-work algorithm which ensures that "ASIC-miners" cannot completely overtake the mining power of the network and thus weakening the security. "ASIC" stands for "application-specific integrated circuit" and are used by miners to mine coins way faster than possible for any standard computer. The issue with ASICs is that they ruin the concept of a decentralized currency, as companies can invest large amounts in such devices and completely overtake the network. The Lyra2RE algorithm which Crypto uses for hashing transactions, is designed to be ASIC-resistant: By other words, it is impossible to mine with anything but a standard computer.
In addition, Crypto uses Dark Gravity Wave 3, with only 30 second block times. DGW prevents Crypto for being a victim to merged mining, where the difficulty may fluctuate so much it could take hours, or seconds, to mine a block. The 30 second block time is also an attempt to try to fix a problem with many other cryptocurrencies: Transaction times. This ensures that all transactions should be completed in less than 30 seconds.
Finally, Crypto features stealth addresses which ensures that users of Crypto can (if they want to) send and receive Cryptos without the possibillity of linking the transactions to your address, which means you can stay anonymous. The problem with many other cryptocurrencies is that when you send somebody some coins, or receive, people can link this transaction to your account and see all the transactions made by that account. If you want to read more about stealth addresses, please visit: https://vertcoin.org/wp/stealth-addresses/
Developers
Rudy
Candy
You?
Founder & main developer
Rudy is the person who started the Crypto project, he provided great ideas for the coin and also made the first base source code for Crypto. Rudy has experience with C, C++, C# and Java. Rudy is a very random person, who inspires the developent of this coin through crazy ideas. Rudy is also the person who designed this website and likes to talk about himself.
Beta tester
Candy is an overall coputer-geek, he knows all there is to know about computers. At the moment he is the official beta tester who tries to find bugs and compiles the client on different systems. Candy knows what's going on all the time. With his general understanding of everything, Candy is the person who fixes stuff when something does not go according to plan. He is pretty anoying that way, actually.
New project co-leader?
At the current moment, crypto sorely needs more developers. Crypto is based on a good idea and thoughts for the future, but it could use professional people. Crypto started as a project. its purpose to combinine all the best qualities and features of other altcoins . However to see this come true, the Crypto project need people who can develop e.g a blockchain, web wallets, android wallets and so on.
CONTACT US
Do you want to be a part of the Crypto team?
Do you have any experience with programming or anything else which could be related to improving Crypto? Please contact us at crypto-official@outlook.com and tell us about your experience, knowlegde and abillities. Currently, Crypto would need a bigger staff which can improve the coin and provide more services like: A public blockchain, android and web wallets, mining pools, exchanges and other services. It you feel like you have something to contribute to this project, do not be afraid to contact us and ask. Any help would be very much appreciated.
