1989 Dead Coins, Contact For Errors
Ticker: CYG
Launch: 2016
Death: 2016
Type : Coin
Supply: 13.8 Million
Founder : Hidden
Reason : Desertion

More Details : Cygnus

Cygnus (CYG) started in 2016 and finished in 2016, with a total supply of 13.8 million coins. The team/founder is hidden, The main reason this coin was listed is desertion.

(from old site) From the very beginning, Cygnus was developed, created and designed with the vision of what should a cryptocurrency optimally provide to it's miners, traders, users and the overall community. Our conclusion is that the key points are decentralization, egalitarian distribution, network stability, ease of access and use. Following this path we created Cygnus and the POW/POS hybrid block generation method was selected for blockchain security and stability. Besides the technical development our main purpose is to orientate the whole distribution and development process towards community. We would like to keep the crowd up to date and give them the opportunity to contribute and influence the pathway which Cygnus will follow in the future, therefore now we are launching pretty much a basic blockchain, to distribute initially the coins, further development phases will be decided in our monthly consensus polls. The consensus polls will begin at the 1st of every month having a 3 week submission phase and a 1 week voting phase. The first consensus poll will start at 1st March 2016. Taking these facts in consideration, we planned the reward structure to be fair for everyone.

1989 Dead Coins Total