Stable Coin Built On The Most Private Monero Digital Currency
Crypcore is a coin with great technology of Monero, built on the true and safe Cryptonote protocol, the Crypcore ecosystem brings together a solvency equation, pure cryptocurrency exchange and delivery. Cryptonote method to create a currency with a stable price with a stable price achieved by calculating the average increase in collateral with price fluctuations.
To achieve this effect, Crypcore is a stable coin that works in a fundamentally different way to a traditional stable coin, they call it Dynamic Stability Coin (DSC). Crypcore will earn collateral from the fees charged on the Crypcore exchange, these fees will be added to the collateral of Crypcore currency thus always increasing collateral and maintaining stability. of Crypcore Price. Crypcore is not considered a traditional cryptocurrency stabilization but a new and innovative approach to achieving price stability in the cryptocurrency space. Common stable currencies are pegged to the US dollar and have a 1: 1 ratio, on the other hand, Crypcore will not be pegged at 1: 1 but will calculate the price from the held collateral. In that respect, Crypcore cannot be considered a stable currency in the traditional sense of the word. Crypcore will be made up of several separate parts that work in parallel to maintain the price of Crypcore coins, namely: Crypcore Blockchain, Crypcore Mining, Crypcore Wallet and instant exchange of Crypcore.
Crypcore blockchain includes the Cryptonote protocol and block explorer. The characteristics of Crypcore blockchain are: Low transaction fee, High speed, Decentralization, Safety.
Cryptonote offers the highest level of privacy of any cryptocurrency protocol. The Cryptonote version used by Crypcore is a split version from Monero and closer to Monero in every respect. This version uses elliptic curve coding using the Ed25519 curve, the inputs are signed with anonymous group signatures and the outputs are hidden and transmitted to the anonymous user.
In Cryptonote, the sender takes the public address from the recipient and divides it into two parts, one part of which is combined with the sender’s private key to create a shared secret, which is combined with half The sender is different from the address to create the destination key once. The receiver uses his private key to scan the blockchain and perform calculations to determine which outputs belong to him. In this way, payments are received to keys once and are unacceptable to outside observers.
Cryptonote combines one-time non-executable transactions and signatures to create an anonymous payment system that achieves exceptional privacy so that even the original sender will have no information on how to use it. input to the recipient in addition to knowledge sending Cryptonote money to the recipient. In Cryptonote when one output is created and the output is mixed with other outputs, this creates ambiguity when multiple outputs are mixed together. The user can choose the number of signatures used in transaction n= 1 which means that 50% probability of that output is used by the user and n= 99 for 1% probability.
Investing in a currency promises to grow. Crypcore has no fixed price and is not the same as other collateral digital assets that Crypcore guarantees profits to keep pushing prices up.
The technical details of Crypcore blockchain are as follows:
Hashing algorithm: Cryptonight
Difficulty: retargeting after each block based on last 720 blocks.
Time blocked: 120 seconds
Mining reward: Confirmation fee
Block size: Dynamic
Supply: 1000005592.186044415
Divisible by: Divisible by 9
Website: https://crypcore.com
Block explorer: https://crypcore.info
Crypcore official link:
Website: https://crypcore.com/
Whitepaper: https://crypcore.com/crypcore_whitepaper_version_1.pdf
Telegram: https://t.me/crypcore_group
Twitter: https://twitter.com/crypcore1
