In the last decade, the global financial market has witnessed the development of various cryptocurrencies, Bitcoin being the most popular among them.
In the last decade, the global financial market has witnessed the development of various cryptocurrencies, Bitcoin being the most popular among them. However, HitCoin creators claim that they have something better to offer.
What is HitCoin?
HitCoin is developed with the goal to be the most suitable cryptocurrency for IT and financial environment. According to hitcoiinfo.com, HitCoin is designed to link information, technology and finance as one.
HitCoin has been said to be 10 times faster and secure than Bitcoin due to its algorithms X11 pos/pow and SHA256.
The expected mining period for HitCoin is one hundred years, meaning quantity is already limited. As for investment value, HitCoin has a precise quantity that ensures the value of each coin.
The cryptocurrency may soon be used in an online shopping mall, ecommerce, remittance and online game site and franchise, explained their official website hitcoininfo.com.
How it works?
HitCoin can be deposited and transferred in a hitcoin wallet. It is possible to download the wallet from their website hitcoininfo.com.
Also, the cryptocurrency can be traded to cash in exchange market as well as transferred to worldwide.
The table below summarizes the main characteristics of HitCoin.
Total balance: 26,550,000,000
Block reward: 1674.2
Block target: 1 min
Difficulty retarget: 26400 blocks (15 day)
Genesis block open: 2016. 02. 01
Mining method: X11 POW / POS