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: 1BGQaPUFwrQ59ZjeA6YRVspquiY5GU9D9S (BTC Address Ledger)
Litecoin Project Donation Address: LfPyWWwNKybcAbzPL4bseGzTbHvUd5KinR (LTC Address Ledger)
Colossuscoin2.0 [CV2] Development Fund Donation Address: CefJf3vFUWQULnwJf7Afm1LASMP6TmRrkV (CV2 Address Ledger)