Is this the same Dev as Bank? check this announce
https://bitcointalksearch.org/topic/annbankbankcoinx11powpos-now-4-exchangebittrexpoloniexc-cexcoinnext-606388 then read the text in this announce here,notice anything familiar?
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AVcoin is an innovative, secure and energy efficient pure PoS coin. After of 7 day as a PoW, the coin has been transfered to a pure PoS coin, where the generation of new coins and the maintenance of the network are done through minting instead of mining.
AVcoin will have a total of 100 million coins.
PoS will start after at least 8 hour of holding of the coins in the wallet. With PoS, the coin is more resilient to 51% attack.
As an investor, you will be glad to know that holding your coins in the long term will result in tremendous rewards. AVcoin is also designed to be widely spread amongst population all over the World, and so is available in a large quantity.
AVcoin uses a chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. This is so that the processing distribution is fair and coins will be distributed in much the same way Bitcoins were originally. ASICs will be much more difficult to make for these algorithms and should take years.
With chained hashing, high end CPUs give an average return similar to that of GPUs. Another side effect of the algorithm is GPUs run at about 30% less wattage than scrypt and 30-50% cooler.
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BankCoin is an innovative, secure and energy efficient pure PoS coin. After of 7 day as a PoW, the coin has been transfered to a pure PoS coin, where the generation of new coins and the maintenance of the network are done through minting instead of mining.
BankCoin will have a total of 100 million coins.
PoS will start after at least 3 days of holding of the coins in the wallet. With PoS, the coin is more resilient to 51% attack.
As an investor, you will be glad to know that holding your coins in the long term will result in tremendous rewards. BankCoin is also designed to be widely spread amongst population all over the World, and so is available in a large quantity.
Bankcoin uses a chained hashing algorithm approach, with many new scientific hashing algorithms for the proof-of-work. This is so that the processing distribution is fair and coins will be distributed in much the same way Bitcoins were originally. ASICs will be much more difficult to make for these algorithms and should take years.
With chained hashing, high end CPUs give an average return similar to that of GPUs. Another side effect of the algorithm is GPUs run at about 30% less wattage than scrypt and 30-50% cooler.
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