CNT Future Will Fight Centralized Mining, and Offer a Greener, More Charitable Cryptocurrency Option
LONDON, December 4, 2017 (Newswire.com) - CNT Future adopts the Equihash algorithm following a fork, while donating a percentage of transactions to global charities. CNT Future aims to fuse exercise and the Blockchain to remove traditional ways of resource-gathering in relation to Cryptocurrencies.
Centurion Future (CNT) underwent a fork at block 738,000 on November 22, 2017, after months of preparation. CNT Future replaced the X11 algorithm used by Centurion with Equihash during the fork. The Equihash algorithm, made famous by well- known cryptocurrencies such as Zcash and Bitcoin Gold, was developed in 2016 by the Department of Cryptography at the University of Baltimore.
Miners wanting to mine from home have long been outgunned by large companies using ASIC mining equipment to monopolize the PoW system. CNT Future prevents centralization of mining by progressively penalizing over-usage of energy in the Proof-of-Work protocol. CNT Future also encourages Proof of Stake by offering 5 levels of significant rewards to loyal users. CNT is available on several exchanges including C-Cex, Nova Exchange, YoBit and Excambiorex.
CNT Future offers a greener, innovative and more charitable cryptocurrency option for mining enthusiasts and stakeholders alike in three unique ways:
- CNT Future has a patent pending for a groundbreaking new technology that will allocate CNT tokens by picking up the kinetic energy of smartphone users.
- CNT Future recently launched a Green Mining Campaign by implementing a new Proof of Walk protocol that rewards tokens to anyone that exercises. This campaign follows the recommendations of “Move for Health” promoted by the World Health Organization, WHO. With this campaign, CNT Future hopes to: promote health, offer a greener alternative to mining, spread knowledge about blockchain technology, and make CNT accessible for people who would otherwise not have had the opportunity to invest.
- CNT Future supports charity work by donating a percentage of each transaction to the global nonprofit organization 4co in Geneva. In addition, penalties for ASIC mining will also be given to the charity children’s charity 4co in Geneva.
The Equihash powered cryptocurrency Centurion Future is not only characterized by great social awareness but is also promoting decentralized mining and offering new innovative ways to mine, stake and earn cryptocurrencies.
Learn more about Centurion Future here: http://www.centurionlab.org
Media Contact
Name: Sharon Kennedy
Email: [email protected]
Centurion Future is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
Source: Centurion Future
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Tags: Blockchain, CENTURION FUTURE, CNT, CNT FUTURE, CNT TOKENS, cryptocurrency, decentralized, EQUIHASH, EQUIHASH ALGORITHM, London, token, UK