Denarius is a new cryptocurrency based off the original Bitcoin Core by Satoshi Nakamoto

in #denarius7 years ago



Denarius, ancient money for a new world. Denarius, is a cryptocurrency based off the Bitcoin (Satoshi) Core code, with a Proof of Work and Proof of Stake hybrid consensus, including a new Proof of Work cryptographic hashing algorithm called “Tribus”.

What is Denarius?
Denarius is a new cryptocurrency based off the original Bitcoin Core by Satoshi Nakamoto. Denarius features many changes, such as Stealth Addresses, Encrypted Messaging, Tribus a new PoW hashing algorithm that is ASIC resistant, and a max of 10,000,000 DNR to be created during the PoW lifecycle of 3 years, which then transitions to Proof of Stake with 6% APR.
Why Denarius?
I gained inspiration for the name Denarius after the Roman currency system. The dēnārius ( pronunciation: /deː.ˈnaː.rɪ.ʊs/) ; plural: dēnāriī (pronunciation: /deː.ˈnaː.rɪ.iː/) was a small silver coin first minted around 211 BC during the Second Punic War. It became the most common coin produced during ancient roman times for circulation in the general public.
What is Tribus?
Tribus (latin for three). Is the Proof of Work hashing algorithm used in Denarius. Denarius is the first cryptocurrency to feature this new algorithm. Tribus consists of three of the most popular and secure cryptography algorithms that were featured in the NIST5: JH, Keccak, and Echo.

SOURCES: https://denarius.io
https://denariustalk.org

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