What is KnoxCoin?
KnoxCoin is a peer-to-peer cryptocurrency with a distributed, decentralized public ledger similar to Bitcoin. KnoxCoin uses a proof-of-stake system and is open-source.
Differences between Bitcoin and KnoxCoin
Each KnoxCoin confirmation time takes a couple of minutes, compared to Bitcoin confirmation times of about +10 minutes.
Proof-of-Stake
KnoxCoin’s Proof of Stake system secures the protocol through an efficient, decentralized process called “minting”, while Bitcoin uses a mining process that has been well documented as expensive and energy-intensive.
What is project KnoXCoin?
KNX is born out of a simple interest and great admiration that i have for crypto currency industry, I just got tired of seeing hundreds new coins being released and tossed so i decided to create my own. By creating this coin i hope to get freelance coders joining this project to improve its functionality and features for the future "We are going to have a page for developers in our website".
https://knoxcoin.me/developers, the page and forum will be ready in mid october
KNOX is not here to try to replace any Crypto Currency, Our coin does not have any magic features, We do not have some niche application THAT WILL CHANGE THE WORLD AND BRING WORLD PEACE.... Furthermore, we do not promise things for the crypto currency that will never materialize.
OUR PATH AND VISION WILL BE BASED ON COMMUNITY DECISION, as explained below.
What we know, is that we need the Miners and Stakers, like cars need the roads, we will respect the system there will be no pump and dump like many other Altcoins. If you think that you can trust our way of seeing things, than join us, we want to be here for the long run.
On the other side we will do everything possible to get KNX coin owners to be actively involved in the coins future direction, this is by creating a voting system to have a diversified coin at our reach, all this will be done by end of 2017
Our Community forum will be ready in 7 Days (7th Oct 2017)