INTCoin (INT) - Abandoned or No Volume | Coinopsy
INTCoin (INT) - Dead Coins

INTCoin (INT)

INTCoin was founded in 2017, it is not trading on any exchanges. INTCoin was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2017, Ended 2017.
  • Social media ended 2017.
  • Trading ticker (INT).
  • Total coins unknown.
  • Not available to trade on any exchanges.
  • Was built on standalone blockchain.
  • Website is down.
  • The Founder/SEO is Unknown.

Further Details

Notes

Abandoned coin and Website down.

Links

https://web.archive.org/web/20170603214651/https://www.intcoincurrency.org/ https://twitter.com/intcoin

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

INTCoin

INTCoin is a next generation decentralized currency that takes advantage of blockchain capabilities for instant transactions with a minimum fee.

A distinctive feature of INTCoin is adoption of AniNote and SCS technologies, which are based on resolving issues of existing decentralized systems associated with consensus algorithm, network bandwidth and transaction anonymity.

CryptoNote & AniNote

CryptoNote: evolution of ideas lying at the core of bitcoin technology. This is a protocol allowing to develop fully anonymous cryptocurrencies. CryptoNote’s anonymity is ensured by the "ring signature" technology, which allows users to make their transactions absolutely unrelated.

At the same time, CryptoNote helps solve the problem of double expense typical for fully anonymous signatures, and uses egalitarian proof-of-work mechanism with equal voting rights for miners.

Realizing the advantages and prospects of this protocol, we have developed an original protocol, AniNote, which allows to expedite the transaction process while maintaining the same level of anonymity, and enhance the untraceability of transactions.

AniNote uses a multichannel ring signature to achieve the highest level of coin mixing when a large number of the system’s nodes is involved, and slightly modifies its algorithms.

Distribution Of Issue

The INTCoin issue is limited, with the number of issued coins decreasing by 3% over every subsequent 180 days (annual rate ≈ 5.9%). The coins are distributed in several ways:

  • Initial budget: 4.5%
  • Miner’s reward (POW): 47%
  • Holder’s reward (POS): 40%
  • Development budget: 8.5%

Consensus Algorithm

INTCoin features a hybrid consensus system, Proof-of-work (POW) + Proof-of-stake (POS), which allows to determine the balance between miners and currency holders to ensure stability and true decentralization, and helps prevent concentration of influence over development within a narrow circle.

This consensus algorithm enables participation in the system both using and without mining.

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