This is a new Cryptocurrency based on CryptoNote Technology with fast 60 second speed.
Designed to help you manage “your own bank,” it not only allows you to control and be responsible of your funds, but it keeps accounts and transactions from prying eyes.
By using and improved CryptoNote technology, MIT licensed, and improving on Monero algorithms, it not only strengthens anonymity but also reduces the size for global ledgers or “blockchain,” becoming more robust and resilient as it becomes larger.
Users are encouraged to run a full node, if possible. Though it does not require huge amount of processing power, it does require a few gigabytes worth of disk space to store its “blockchain.” It is recommended to purchase VPS (Virtual Partner Server) to minimize bandwidth limitations.
Already 5 groups of miners, totaling over 500 operators, have launched mining pools to support the system. Specs and information is available in English and Russian, with other languages coming in the near future. CharnaCoin had no premine.
Besides being a strong secure transaction system, CharnaCoin is ideal for business trade and purchases and has commercial avenues ready in the Real Estate, International Trade and Artificial Intelligence.
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