Cryptocurrencies have really caught on in the modern world. Although most people do not understand the concept of cryptocurrencies, banks and other mo
Cryptocurrencies have really caught on in the modern world. Although most people do not understand the concept of cryptocurrencies, banks and other monetary institutions know the significance of these currencies. Even the inventor of bitcoin, the most notable form of cryptocurrency available on the market, stumbled upon it while in the process of creating something else. A cryptocurrency is basically a decentralization of digital cash. It sort of works like a peer-to-peer connection used for sharing files. In the modern world, it is difficult to get a bank or financial institution that has not invested in some sort of blockchain enterprise. LanaCoin was invented as one such type of cryptocurrency.
The creator of LanaCoin claims the product of his creation was the best birthday present ever. He created the program and dedicated it to his daughter for her 10th birthday. He says that the idea was inspired by the numerous types of cryptocurrencies that are in existence as well as his friend who also serves as his right hand man. He is grateful to his friend and all the people that make his dream and idea a success.
Realizes the negative publicity
The proprietor realizes the negative publicity surrounding cryptocurrency and understands that some people may doubt the validity of the currency. He, however, assures the consumers that he is a real person and that he just started up the cryptocurrency as a dedication to his 10-year old daughter as the best gift that he, a geek father, could give his daughter. The developer insists that he makes no false promises on the crypto tokens. He assures the consumer that the seed node network will be kept alive and that any costs required to keep the network alive he will take upon himself.
The coin supply at the time of writing is 7.5 billion coins which is closely linked with the population of the world at around 7.5 billion. The p2p port is TCP 7506. The RPC is 7506. The PoW server block is in approximately 7 years. The minimum PoS is duration is in 7 years. The yearly reward for a PoS is 7%. The constant PoS halves at least every 5 years. The block time aim is 5 minutes.
Asks for some respect in commenting
The developer realizes that the cryptocurrency design is no new invention. But all the developers of cryptocurrencies build from the Satoshi bitcoin blueprint. All of them are just a compilation of modifications on the initial brand and so the community of cryptocurrency should show some level of respect and regard for the effort he, and his team, put into coding the cryptocurrency.
Benefits of Lana over other cryptocurrencies
It has a mining pool that is powered by Nomp meaning it is quality guaranteed. Registration is free and you obtain a LanaCoin address the moment you make your registration. You can also install the LanaWallet into your computer or other windows device. You obtain an ASIC capable of handling a sha256. You could also rent a miner on such a popular marketplace as MiningRigRetals. Also, the payouts are automatic.
LanaCoin is no new invention to the cryptocurrency market and industry. It is, however, a cryptocurrency with numerous benefits. Consider acquiring your account. It is available on Linux, iOS, and windows.