|Cryptonight Lite V7||@ 4200 h/s||DAY
BitcoiNote mining pools
Supply: 21,000,000 coins
Protocol: Proof of Work
Block size: Dynamic
Block time: 120 seconds
Difficulty: Recalculated with every block
BitcoiNote is a decentralized, public blockchain and cryptocurrency project that is fully open source. The coin combines the familiarity of Bitcoin and advantages of the CryptoNote algorithm. It is a 3rd generation cryptocurrency that resolves the issues of Bitcoin.
BitcoiNote is the most secure cryptocurrency on the market. We are introducing innovate technologies to make the coin lightweight, yet extremely secure. Features like ring signatures make BitcoiNote extremely private, while innovations like our unique algorithms ensure stability and ASIC-resistance.
BitcoiNote has to be accessible to everyone. Our goal is to make it lightweight enough so that you will be able to mine it from your smartphone or even IoT devices.
BitcoiNote stands for real privacy, speedy transactions, dynamic block sizes and the possibility to mine coins with just a mobile phone or IoT device. Thanks to the best features of the CryptoNote algorithm – the dynamic block size, short block validation time and difficulty recalculated with every block – transactions are never backlogged!
Key BitcoiNote features
BitcoiNote keeps the fair spirit of the early cryptocurrencies and is the real people’s coin, available to everyone.
It is ASIC resistant, which means it is oriented towards GPU mining. Any device with a standard graphic card can be used. Expensive and specialized devices are not necessary to mine. Simply download our miner and wallet to start mining!
BitcoiNote currently uses lightweight Proof of Work protocol that is oriented towards GPUs, NOT ASICs. ASIC resistance is crucial in order to keep BitcoiNote a fully decentralized network. Anyone can mine without specialized and expensive devices from big hardware companies that have been in control of mining cryptocurrencies. The next step will be to be able to mine BTCN with mobiles and smart TVs - IOT is planned as well!
Both difficulty and block size adjust automatically for each new block.
To calculate the difficulty level, the sum of work necessary for creating the last 720 blocks is divided by the time it took to carry out work. The block size can adjust accordingly to the demand, while its exponential growth is under control at the same time.