What is SnowGem?

"SnowGem aims to maintain features that has made Bitcoin great, while also amends some of Bitcoin's flaws. With SnowGem, you will still be able to enjoy the decentralized, peer-to-peer system that Bitcoin has laid groundwork for. Using proof-of-work consensus, SnowGem maintains that there is no central authority, the system’s decisions will be controlled by nodes in the network.

The network is open to anyone, anywhere in the world. We are looking forward to a future where transferring money is no longer complicated and troublesome.SnowGem uses shielded transactions that hide identity of the sender as well as the recipient. Your financial information should be confidential, so we keep it that way.

You can send SnowGem to anyone, from anywhere, and at anytime. Fast transaction time guarantees that your money will be at the right place at the right time."

-SnowGem.org
...
Show More

General

TICKER SYMBOLS
XSG
AGE
2 years old (December 23, 2017)

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (100,000,000 coins)
PRE-MINED / RESERVED
No
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
1m
CURRENT BLOCK REWARD
20 coins
HASHING ALGORITHM
Equihash
DIFFICULTY ADJUSTMENT
Every block (~1 minute)

Member of the core team?

Manage this profile to post live updates, respond to reviews, add your team members, update profile info in real-time, and grow your community.
Manage This Profile