Reading: Centurion Launches a new Altcoin Platform

Press releases

Centurion Launches a new Altcoin Platform

Bitcoinist

Bitcoinist | Mar 05, 2017 | 07:07

Press releases

Centurion Launches a new Altcoin Platform

Bitcoinist

Bitcoinist | Mar 05, 2017 | 07:07


Centurion is the latest cryptocurrency to join the ever-growing list of altcoins. The socially responsible cryptocurrency is named after the Centurions from the Roman saga who were known to be the protectors of citizens. Centurion cryptocurrency has a list of features that makes it stand apart from other cryptocurrencies.

[Note: This is a press release]

Centurion is an efficient and easy to use cryptocurrency platform capable of handling a huge number of transactions in less time. Unlike Bitcoin and its 1 MB block size, Centurion sports 2 MB blocks and is capable of processing and confirming transactions under 6 minutes. The cryptocurrency uses X11 Proof of Work (PoW) consensus algorithm with a 3% Proof of Stake (PoS).

The Centurion press release lists the platform’s specifications as follows;

  • X11 Proof of Work (PoW)
  • 3% Proof of Stake (PoS)
  • RPC port: 5555 / P2P port: 5556
  • 1 Minute Blocks
  • Block Size 2Mb
  • Reward Schedule:
  • Blocks until 100 – 0 CNT (for fair difficulty balancing)
  • Blocks 101 – 250,100 – 100 CNT
  • Blocks 250,101 – 500,100 – 75 CNT
  • Blocks 500,101 – 1,000,100 – 60 CNT
  • Blocks 1,000,101 – 2,000,100 – 50 CNT
  • Blocks 2,000,101 – 2,500,100 – 25 CNT
  • Blocks 2,500,101 – 3,500,100 – 10 CNT
  • Blocks 3,500,101 – 4,000,100 – 5 CNT
  • Blocks 4,000,101 – 5,000,100 – 2.5 CNT
  • Blocks 5,000,101 – 19,000,000 – 1 CNT
  • Total Coin production 250 Million
  • Reserve: 50 Million

The creators of Centurion have already laid the groundwork for the cryptocurrency’s adoption. They have created readymade merchant payment API libraries enabling the community members to buy and sell products and services for Centurion. The cryptocurrency is already available for trading on the Excambiorex exchange platform. The Centurion community can start spending the digital currency right away on one of the online stores selling e-books and educational videos on marketing, cryptocurrencies, business tips and tricks and more.

centurion

Centurion allows everyone to take part in the mining process irrespective of their expertise levels. All they have to do is download preconfigured software and start CPU and GPU mining.

As a part of its philanthropic initiative, the Centurion cryptocurrency platform has dedicated 5 million tokens towards the Centurion4Children foundation. The organization has partnered with charities in India, Europe, and Africa to help support children and their families. The foundation will also provide safe drinking water for children in developing countries and operate sustainable schools.

Centurion has a dedicated group of people working relentlessly to build a community. In the coming days, the platform expects the adoption to go up across the world.

Images courtesy of Centurion


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