Librexcoin innovative currency

LIBREXCOIN is an innovative, fast and very safe P2P crypto currency able to support Innovative C libraries that we've been working on to facilitate mass adoption. LIBREXCOIN also has a truly decentralized anonymity resource called LIBREXSEND™. The source code of LIBREXCOIN also includes the Zerocoin library “Libzero” for future native Zerocoin protocol support.

LIBREXCOIN’s technology allows people to send and receive fast, easy, and secure payments with friends, family, and merchants anywhere in the world. It can all can be done without any kind of centralization what so ever. Transactions go through without the need of a third party’s approval or master node. LIBREXCOIN allows you to manage your finances without the need for a central authority or bank.

LIBREXCOIN is a environmental friendly coin because LIBREXCOIN has a 100% (POS) proof-of-stake financial network and it requires far less energy than (POW) proof-of-work systems that are inefficient use a lot more electricity and unsustainable in the long run. Keeping your LIBREXCOIN in your wallet you can get interest rates of your coins of 2% yearly. The interest rate is paid after staking. Every day you stake your coins in your wallet you will receive some part of your interest rate payment.

Librexcoin

Librexcoin specifications.

  • Algorithm: X11.
  • Total amount of coins (POW): ~10 Million coins from PoW mining.
  • (POS) Proof of Stake interest: 2% yearly.
  • Proof-of-Stake Minimum Age: 2 hours.
  • Proof-of-Stake Maximum Age: 8 hours.
  • Block time: 60 seconds.
  • Min transaction fee: 0.0001 LXC (Fees are paid to miners).
  • Confirmations on Transactions: 10.

Benefits of Librexcoin.

  • Confirmations within 60 seconds.
  • Inflation 2% per year.
  • Exclusive Mobile wallets with Staking Abilities.
  • 10 times faster than Bitcoin.

Advantages POS over the POW and Bitcoin system.

  • 100% proof-of-stake security system that prevents double spending.
  • Low energetic cost to keep the network (POS) running.
  • Transactions anonymous without tracking by blockchain.
  • Only 10 Million Coins.
  • Payment of annual interest of 2%.