Selfkey KEY to MintCoin MINT Exchange

Crypto Pair Details: KEY to MINT

Selfkey KEY

Bihu consists of two main components: an identity system and a community for crypto investors. Bihu ID（bihu.com）is a self-sovereign ID system based on blockchain technology and decentralized storage. It aims to be the gate keeper for Web3.0, in order to protect users’ wealth, data and privacy. Bihu ID strives to be the 'KEY to Digital Liberty'. Bihu Community is an platform for crypto investors to share and obtain token-investment-related information. It will the first use case for Bihu ID. KEY is the utility token for both Bihu ID and Bihu Community. It is an ERC20 token on the Ethereum blockchain. KEY is used to incentivize content generation within the Bihu Community, as well as the primary method for good content discovery. KEY also is the value exchange method within the Bihu Community, such as tipping between users. Since a single Bihu ID lives on multiple blockchains, it is desired that users will be able to pay KEY for generic network fees (AKA gas). KEY also acts as the generic payment method in the Bihu ID system, for instance, to recover lost IDs.

MintCoin MINT

MintCoin is a new Proof of Work (POW) / Proof of Stake (POW) hybrid cryptocurrency coin. It's objective is to become the next innovative, secure, and energy efficient cryptocoin in the market. MintCoin is distributed using a fast POW distribution mechanism, and after 5 weeks, it becomes a pure POS coin. This makes the coin completely energy efficient in order to sustain itself, not having to depend on resource intensive mining rigs. MintCoin now runs on 100% Proof-of-Stake to secure the network. After the year 2016, stakers will receive a fixed 5% indefinitely as reward for securing the network. PoS variable interests: - 1st year: 20% - 2nd year: 15% - 3rd year: 10% - 4th and subsequent years: 5% MintCoin is often compared with its close counterpart - Peercoin and NXT

SOURCE: COINGECKO

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