BLACKCOIN (BLK)
What Is BlackCoin?
BlackCoin is a cryptocurrency based on the proof-of-stake concept. BlackCoins are generated through minting. Every BlackCoin account generates a stake interest of 1% annually to keep the system secure. In addition, BlackCoin is similar to a conventional account, but with the difference that BlackCoin Coin is always free of charge and cannot be influenced by external organizations due to denationalization. This results in a high degree of security and anonymity that sets the service apart from traditional banking. In addition, payments made are immediately realized. Only the software is required to use BlackCoin Coin. The service also offers a high degree of transparency, which is guaranteed due to the peer-to-peer principle. Each user has an annual interest rate of 1%, so that the technology can be further developed and the security provided can be increased.
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