Moss Coin MOC to Beam BEAM Exchange

Crypto Pair Details: MOC to BEAM

Moss Coin MOC

MomoCash is an innovative cryptocurrency. A form of digital currency secured by cryptography and issued through a decentralized and advanced mining market. Based on Dash, it's an enhanced version, featuring the masternode technology with 50% Reward, near-instant and secure payments as well as anonymous transactions. Momo is an experimental new digital currency that enables anonymous, instant payments to anyone, anywhere in the world. Momo uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. MomoCash Core is the name of the open source software which enables the use of this currency. The emergence of blockchain-based decentralized digital currencies woke up hopes for the beginning of a better world. A world, where wealth is distributed fairly without control and influence of a powerful middleman. Although blockchain technology equipped us with a perfect tool to make this dream come true, it will not happen by itself. The concept of a socially responsible cryptocurrency inspired us to create Ultima - a platform designed to support endeavors of its community in various areas. The Ultima Multi-Module Platform (MMP) includes functionalities ranging from a digital marketplace to crowdfunding and charity components. By working together on noble causes we will regain the faith in cryptocurrencies.

Beam BEAM

Beam Mimblewimble is a scalable, fungible, and confidential cryptocurrency based on the Mimblewimble implementation. WHY BEAM? Core features include complete control over your privacy, All transactions are private by default, No addresses or other private information are stored on the blockchain, Superior scalability due to compact blockchain size, Opt-in Auditability, Support online and offline transactions, atomic swap, hardware wallets integration. Governance model No premine, No ICO. Backed by Treasury Establishing a non-profit foundation to govern the protocol after Mainnet launch How does it work? Wallets’ owners create new transaction using secure channel either online or offline Both wallets participate in signing the transaction using Schnorr protocol Wallet sends transaction to node Each transaction contains a list of Inputs and Outputs represented by Pedersen Commitments, as well as explicit fees and kernels. Each transaction also contains non-interactive zero knowledge range proof to verify that the output transaction value is positive Transaction is verified by the node Each transaction is verified with respect to the recent blockchain state which is stored as a Merkle Tree. The root hash of the tree is recorded in block header along with a proof of work. In addition, each node periodically creates compacted history to allow ‘fast sync’ of new and existing nodes. Transaction is added to the mining pool A block is mined every minute and is sent back to the node for verification and distribution. Mined blocks containing the new transactions are sent to the known peers A valid block that is extending the longest chain is accepted as a new Tip and propagated further until full consensus is reached. Fast sync When a new node connects to the network for the first time it can request compacted history containing only system state and blockchain headers. There is no need to retrieve the entire transaction history.

SOURCE: COINGECKO

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