Wednesday, January 16, 2019

The Latest Algo ASIC Resistance From Innovaminex




We will discuss one of the popular ICOs, Innovaminex, in essence they use blockchain technology to reprocess precious metals. Of course, implementing a series of procedures in which the entire process starts from mining and continues to the refinery after it is sold to the end consumer. Commercialization has a procedure that is through making e-commerce for partner stores, as well as facilitating consumers by making ATMs.

E-commerce allows consumers to verify the origin of the metal they have obtained, to ensure that the mining results are legal, because the environmental ecosystem of the mining area has been protected by legal entities, and minimizes money laundering, because all transactions are registered and the entire community has access to each other.

Innovaminex aims to make gold and precious metals by combining blockchain technology, this is easier for everyone to access through digital currency created (INX), they target the best prices for investors and communities holding INX digital currency, by emphasizing transparency and security of transactions.

In addition, InnovaMinex, with its cryptocurrency, will aim to provide unlimited utilities in all market sectors including the public market and selective markets. The InnovaMinex platform has been designed in a way that is easy to operate in several applications such as payment platforms and market integration. InnovaMinex created an algorithm called RazielCore, this algo has a strong ASIC-resistance feature in its security, they also adopted the PoS system. Providing these two systems ensures fairness for miners and investors, they will also supply large coins to drive distribution and extensive coin ownership.

For an explanation of the technique, let us briefly discuss, out of 1,000 blocks of PoW they provide dual protection for ASIC hardware miners that can disrupt market stability for community members to get INX. They blocked ASIC because Access to ASIC miners was too strong which could drain the limitations of supplying tokens. If this happens then the price of INX falls very steeply for the comparative advantage they provide. Miners who might try to mine ASIC hardware (due to experts), they will experience significant difficulties in finding blocks. InnovaMinex is also more environmentally friendly than other PoW coins because the PoW phase with their latest algo requires less electricity to solve it in finding blocks.

How? Interested in becoming an investor? please buy the coin on the official website. This company has sent legal company data commonly called KYC, and has been verified.

For detail information, visit offisial :

Author : appdeal
BTT Profil : https://bitcointalk.org/index.php?action=profile;u=2443861 
Eth Address : 0x3dE816E2F6FA28AB7Fad2B28fD8c649Ab5c0bdeC

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