LONDON, Feb. 9, 2017 /PRNewswire/ -- Centurion is a
unique cryptocurrency launching today on February 9, 2017. The new cryptocurrency draws
lessons from Bitcoin and other altcoins to offer an efficient and
easy-to-use option for the cryptocurrency community. As the Bitcoin
network struggles to clear the transaction backlog while waiting
for a scalability solution, Centurion can process and confirm
transactions in under 6 minutes.
Also, the cryptocurrency protocol has a block size of 2 MB,
which is twice the Bitcoin block size. Just like in the Roman saga,
Centurion is the protector of children and the cryptocurrency
strives to help kids worldwide through its very own charity
Centurion4Children; which will receive an initial donation of 5
million Centurions.
Centurion can be used for buying products and services.
Readymade merchant payment API libraries can be easily integrated
into websites to start accepting the cryptocurrency. The team
behind Centurion is already working with some of the big names to
ensure adoption. The first adopter of Centurion will be a big
online store offering more than 100 e-books and 50 videos on
marketing, cryptocurrencies, internet tips, tricks, businesses,
etc. The partnerships will be revealed shortly after launch with
more stores to follow soon after.
Specifications
- X11 Proof of Work (PoW)
- 3% Proof of Stake (PoS)
- RPC port: 5555 / P2P port: 5556
- 1 Minute Blocks
- Block Size 2Mb
- Reward Schedule:
- Blocks until 100 – 0 CNT (for fair difficulty balancing)
- Blocks 101 – 250,100 – 100 CNT
- Blocks 250,101 – 500,100 – 75 CNT
- Blocks 500,101 – 1,000,100 – 60 CNT
- Blocks 1,000,101 – 2,000,100 – 50 CNT
- Blocks 2,000,101 – 2,500,100 – 25 CNT
- Blocks 2,500,101 – 3,500,100 – 10 CNT
- Blocks 3,500,101 – 4,000,100 – 5 CNT
- Blocks 4,000,101 – 5,000,100 – 2.5 CNT
- Blocks 5,000,101 – 19,000,000 – 1 CNT
- Total Coin production 250 Million
- Reserve: 50 Million.
Centurion is already available for traders on the cryptocurrency
exchange Excambiorex for more specifications please visit
the official BitcoinTalk thread.
Mining and Mining Pools
Compared to other cryptocurrencies, Centurion has the most
advanced and easy-to-use mining pools in place for the benefit of
both experienced and first-time miners. The Centurion mining pools
do not require miners to sign up and manually withdraw their
accumulated share of cryptocurrency. Instead, they will be
receiving funds directly in their respective wallets. This setup
will not only ensure the ease of use but also reduce the risk of
attacks on the mining pool's wallets. The auto payouts are set to
execute every few minutes.
The cryptocurrency differentiates its users into two distinct
groups, the specialist group comprising of experienced
cryptocurrency community members who have a better understanding of
mining process, software, and various other aspects. The other
group consisting of casual users who are not well-versed with the
technicalities but are known to use cryptocurrency for transactions
and trading purposes.
Centurion understands that casual users are going to outnumber
the specialist users, playing an important role in driving the
cryptocurrency's adoption. It offers them an opportunity to be part
of the mining community by providing simple, pre-configured files
that can be readily downloaded to start CPU and GPU mining.
Centurion4Children
In the Roman saga, Centurion was a hero that protected children
and just as its namesake Centurion strives to improve the life of
children worldwide, one child at a time.
Centurion4Children is donating 5 million Centurion coins to
well-established charity organizations. It is also raising funds
within the community and through the website. The foundation
is already represented in India,
as well as Africa and Europe with official charity partnerships
being revealed in March, 2017. Centurion4Children' is currently
raising funds for following causes:
- Support a Child and its Entire Family
- Sponsor a Boy
- Safe Water for Children in Development Countries
- Sustainable Schools
Premine/Coin Reserve
To cover promotion costs and to kick-start the donations
distributed by Centurion4Children, the coin has reserved 50 Million
of its tokens.
The cryptocurrency platform will soon embark on a marketing
campaign in association with Cryptonetwork ltd, a Dubai-based entity which has a network of
people spread across India,
Germany, Italy, Spain
and several other countries. They will be involved in various
promotional activities, including the sale of products and services
for which they will receive rewards in Centurion and Bitcoin. An
estimated 20 million Centurion tokens over a period of 5 years has
been earmarked for such promotional purposes.
Centurion will donate 5 million of its reserved coins to charity
and the remaining 50% will be used to reward early adopters,
investors, related projects and talented individuals within the
community working to improve the Centurion cryptocurrency.
About Centurion
Centurion is cryptocurrency that focuses mainly on the ease of
use, ease of mining and faster transactions. The platform gives
importance to existing cryptocurrency users and newbies alike. It
has also partnered with Cryptonetwork ltd to increase usage and
adoption of Centurion tokens.
Learn more about Centurion at
– http://www.centurionlab.org
Learn more about Centurion4Children at
– http://www.centurion4children.foundation
Media Contact
Contact Name: Sharon Kennedy
Contact Email: press@centurionlab.org
Location: London, UK
Centurion 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.
Related Links
Bitcoin PR Buzz
Centurion
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SOURCE Centurion