Colossuscoin2.0 is a peer-to-peer Internet currency that enables instant payments to anyone in the world. Colossuscoin2's proof-of-stake system was developed to address the high energy consumption of Bitcoin. The Colossuscoin2.0 network is scheduled to produce 22 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.
We are planning to build a new ColossusCoin XT Blockchain (Ticker: COLX). It will be based on the PIVX Source Code and we will do a full Swap (2:1 exchange rate) on NovaExchange.
https://novaexchange.com/coinswap/ . For 2 ColossusCoin2 (CV2) you will get 1 ColossusCoinXT (COLX).
The Total Circulating Money Supply will get halved to 12.0 Billion COLX Coins.
New ColossusCoinXT Wallet Specs: Improved Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions,
Private Instant Verified Transactions /full-time private transactions, Obfuscation Mixing Mechanism, innovative variable seesaw reward mechanism, Coin Control and more
The crowdfunding is active. Please send BTC to Bitcoin Address: 18MXDWxe9Z6dEW5XV78CRomZBdiTEpeC2H if you want to support the Project.
First Goal: 0.55 BTC for new COLX Wallet Creation. ✔ First Goal reached!
Second Goal: 0.50 BTC for NovaExchange Coin Swap Service ✔✔ Second Goal reached!
Note: If we don't achieve our goals we will just do a CV2 ColossusCoin2.0 Feature update with the collected funds.
The Dev fund address will stay public so the community can see our transparency.
The Colossuscoin Dev Team
Colossuscoin was founded as a energy-efficient Internet currency and want to continue our concept to be a long-term energy-efficient/ Evironmentally friendly Crypto-Currency!
BitSend is based on POW proof-of-work mining thus mining consumes a lot of energy.
This is one of the reasons why we have decided to continue as a POS/ Proof of Stake Coin.
The new ColossusCoinXT COLX Blockchain will be based on the PIVX Source Code with a fixed block reward.
The PIVX Features are very innovative, special and awesome (for instance: improved Proof of Stake 3.0 protocol, Masternodes, SwiftTX Instant Transactions,
Private Instant Verified Transactions /full-time private transactions, Obfuscation Mixing Mechanism, innovative variable seesaw reward mechanism, Coin Control ...)
See: https://pivx.org/what-is-pivx/features/ . We have scheduled to start the Coin Swap to the new ColossusCoinXT COLX Blockchain on mid September 2017. The only place you can swap your CV2 for COLX will be on https://novaexchange.com/coinswap
Thank you for your understanding! We will continue to do our best to push ColossusCoin forward!
The Colossuscoin Dev Team
Bitcoin Project Donation Address: 18MXDWxe9Z6dEW5XV78CRomZBdiTEpeC2H (BTC Address Ledger)
Litecoin Project Donation Address: LRo8sKP8eKbBiqA71hNzVqdicLZRBQptj7 (LTC Address Ledger)
Colossuscoin2.0 [CV2] Development Fund Donation Address: CbosaSFpp8AMvoB9wXMeaXuBc1yNSFz3Ba (CV2 Address Ledger)