Colossuscoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. Colossuscoin's proof-of-stake system was developed to address the high energy consumption of Bitcoin. The Colossuscoin network is scheduled to produce 550 billion currency units.
ColossusCoin uses public-key cryptography,
in which a pair of a public and a private cryptographic key is generated. The core network is maintained by coin holders and the proof-of-stake algorithm reduces the risk of 51% attacks.
Colossuscoin use Proof of Stake (PoS) algorithm and hit the PoS only stage. PoS is a highly energy efficient method of securing a coin's block chain. PoS mining does not require the intense computing to secure the block chain, it instead requires a small amount of CPU power, and some coins, to create new blocks within the network.
See more: http://colossuscoin.org/index.php/ann
Bitcoin Project Donation Address: 1PaU2cao6qN7odXjCqHEoSLs4NEpw3JtNU (BTC Address Ledger)
Litecoin Project Donation Address: LWD421APXW3ZRzem7HbYAD35a54JW3iy3e (LTC Address Ledger)
Colossuscoin Project Donation Address: 2BDVvSu6NhBZANeiu5ANyb4utHSbmmDdnq (COL Address Ledger)
Colossuscoin Marketing and Promotion Address: 29sRzJig5Q8x1NhEvHigvAZmDrCHaJrvsW (COL Address Ledger)