CommerceBlock CBT to Infinitecoin IFC Exchange

Crypto Pair Details: CBT to IFC

CommerceBlock CBT

CommerceBlock is a public blockchain infrastructure company that is architecting a platform that allows anyone to build and use financial products and services historically reserved for commercial banking customers. The CommerceBlock network will be the first technology platform that provides a combination of trust minimal trade, decentralised contract execution, on-chain derivatives, and asset-backed token issuance to public blockchains. The advent of the Bitcoin protocol has enabled permission-less financial innovation. CommerceBlock’s product offerings provide a suite of tools that enables anyone to build and use services that construct contracts, manage trade flows, engage in multiparty dispute management, issue assets, and hedge currency risk. Developers and end users will be able to manage all stages of a business interaction and fulfil their contractual obligations by utilising the CommerceBlock platform. These services will be integrated into infrastructure we have already implemented. We have released the first open-source implementation of the pay-to-contract and homomorphic address protocol outlined by Timo Hanke and Ilja Gerhardt. The protocol has been designed in such a way that all business logic, customer funds, and trade details are managed on the client side meaning at no point does CommerceBlock have access to customer funds or private information.

Infinitecoin IFC

Infinitecoin is a Litecoin fork and uses the scrypt Proof-of-Work hashing algorithm. It has a 30-second block target and the difficulty retargets every hour. There is a total of 90.6 billion Infinitecoin. Block rewards are 524,288 Infinitecoin per block and halves every 86,400 blocks (roughly 1 month). Infinitecoin was launched on 5 June 2013.

SOURCE: COINGECKO

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