Counos X is a coin which has been developed according to the newest version of Litecoin. This coin is introduced with the purpose of offering the latest most popular services in cryptocurrencies payment.
The miner must have an account in Counos Platform and get full KYC level 1 and 2
The miner must own at least 10,000 Counos X
If the conditions are met, then it will be possible to receive 0.0035 CCXX for each block created.
The miner must have an account in Counos Platform and get full KYC level 1 and 2
The miner must own at least 500,000 Counos X
Given the structure of the network, it is NOT possible for unknown mining pools to mine new blocks.
About Counos Platform
Counos Platform, estaglished in 2018, is based in Switzerland and offers many services in the domain of the Blockchain technology and the cryptocurrencies.
The main aim of this company is to establish an economic community based upon the Blockchain technology so that its members cloud further their aims with the help of this technology and through this community like the citizens of a country.
An open-source and decentralized global network, Counos suggests various financial and payment services through Blockchain technology in an all-in-one platform.
Via combining both proof-of-work and Timestamp server technologies, it will offer the users the ultimate security in online payment.
In addition to the cryptocurrencies and stablecoins, this Blockchain platform also offers variety of other services.
Road Map: https://www.counos.io/counos-x-roadmaphttps://www.counos.io/counos-x-roadmap
Counos Services
Counos Platform is an online peer-to-peer platform with a wide variety of financial services which meets sophisticated online financial demands of Counos users. The platform supplies some of the most innovative cryptocurrencies across the world.
Alongside high technical and security standards of the supplied cryptocurrencies, the platform offers a significant added value to the users by maintaining a sophisticated price stability policy, hence providing a competitive alternative to fiat currencies.
An open-source and decentralized global network, Counos suggests various financial and payment services through Blockchain technology in an all-in-one platform. Via combining both proof-of-work and Timestamp server technologies, it will offer the users the ultimate security in online payment.
Counos X is a coin which has been developed according to the newest version of Litecoin. This coin is introduced with the purpose of offering the latest most popular services in cryptocurrencies payment.
Launched on 1 June 2019 by a team based in Switzerland, Counos X was designed to facilitate payments and clearing purchase invoices, especially for easy exchange with fiat money. While its price is determined in the market, attempts will be made to prevent its value from fluctuating too much.
Features that Counos Platform will add to Counos X:
General and Technical Information
CCXX is the first coin that is bankable and implements the proof of work algorithm.
The number of coins to be offered in this network has not been limited, but in the first stage about 18,300,000 coins have been mined.
Among other advantages of the CCXX is that if you hold Counos X in the staking wallet longer than a year, you will receive a 5% staking. If you keep Counos X longer than 6 months, your coins will increase by 2%.
Mining Information
The specifics of exactly how Counos X mining takes place is as follows; as mentioned above, the main algorithm used is proof of work, however, because of some extra requirements for miners, it would be more accurate to say that the used algorithm is a mixture of proof of work and proof of stake.
The reason is that to mine Counos X using the official Counos mining pools, the following conditions must be met:
The miner must have an account in Counos Platform and get full KYC level 1 and 2
The miner must own at least 10,000 Counos X
If the conditions are met, then it will be possible to receive 0.0035 CCXX for each block created.
If the above mentioned conditions are NOT met, mining will yield NO REWARD. In this way, mining reward will not be calculated for blocks, and only the transaction fee in proportion to the miner’s share of power will be considered as reward.
Also these are the conditions for creating an independent mining pool in Counos X network:
The miner must have an account in Counos Platform and get full KYC level 1 and 2
The miner must own at least 500,000 Counos X
Given the structure of the network, it is NOT possible for unknown mining pools to mine new blocks.
Road Map: https://www.counos.io/counos-x-roadmap
Counos X is a coin which has been developed according to the newest version of Litecoin. This coin is introduced with the purpose of offering the latest most popular services in cryptocurrencies payment.