MintCoin MINT to CloakCoin CLOAK Exchange

Crypto Pair Details: MINT to CLOAK

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

CloakCoin CLOAK

Cloakcoin is a completely secure, fully private and untraceable digital cash with full fungibilty (all coins equivalent). Cloakcoin is able to achieve this privacy through the use of an offchain coin mixing system called “Enigma”. Check out CoinBureau for the complete review on Cloakcoin.

SOURCE: COINGECKO

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