All you need to know about the new Cryptocurrency - Centurion Coin

Launched on February 9, Centurion coin is already available for mining and exchange. This unique cryptocurrency aims to provide blocksize of 2MB and transactions under 6minutes thus solving the problem of scalabilty.
Side by side launching a charitable organization under its banner Centurion4Children. It can be used to buy services and products globally and the first adopter being an online store offering more than 50videos and 100 e-books.

SPECIFICATION

MINEABILITY
The mining algorithm is designed so that cpu and gpu minings can be encouraged. Asic miners will not be allowed as of now allowing ordinary miners to compete for rewards.
It also has easy to join mining pools for both first time and experienced miners.

SECURITY, POWER AND PAYABILITY
Centurion coins uses algorithm with 11 hashing function making it extremely secure and power consumption is also low leading to saving of 30% of standard electricity cost. Payment is confirmed within 6 minutes due to fast confirmation time.

WALLET
Wallet can be created by downloading from their site or can be an anonymous online wallet.

EXCHANGES
Currently two exchanges provide centurion coin exchange. excambiorex.com

novaexchange.com

Now the question comes how cnt is doing with respect to btc. Here is this weeks analysis as of both the exchanges.

Clearly, at its early stage its quite volatile, lot of fluctuations in its rate. A simple understanding can be seen in the transaction going simultaneously with a huge margin.

At one point of time, I clearly dont know why someone bought 1cnt for 47btc and a huge spike can be seen..Yes it is real.. But from then on its quite stable hovering at a range of 0.000001-0.000005btc..

I think its a good time to invest now. Its a promising cryptocurrency with a good moto. But am not suggesting to invest. Conduct your own research.. Many has accused it for being a ponzi scheme like onecoin. Links are given below.

Links

To know more on centurion coin - www.centurionlab.org

Mining pool- www.centurionpool.com

Blockchain-www.centurionexplorer.com

Press contact- [email protected]

Video- http://www.newswire.com

Ponzi scheme allegations - https://bitcointalk.org/index.php?=1780526.0

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