SQUISHY COIN
Funny little bird coin, with a funny name that aims to change the way we use and look at cryptocurrency in the future.Â
private
Squishy coin has optional privacy protocol known as zero-knowledge succinct non-interactive argument of knowledge, or zk-SNARKs for short. This privacy technology is also sometimes called "zero knowledge proofs." This allows Squishy Coin to be sent privately between wallets as an option.
mineable
Squishy Coin is minable with GPU, and ASIC miners using the Equihash 200,9 algorithm.
staking
With 25% of the blocks going to staking, holding coins brings real incentive and passive income.
secure
Squishy Coin has its own core QT wallets and is on AtomicDEX non-costodial wallet/exchange. You control and hold your own private keys.
decentralized
Squishy Coin is a standalone blockchain that is open source without a centralized authority.
value
Only 23 million coins will ever be produced!
coin specifications
23,000,000 max coin amount
25 coin current block reward(6 total eras 100, 25, 12.5, 6.25, 3.125, 1.5625)
7 min block time
25% staking rewards
Equihash 200,9 algorithm
P2P/RPC ports 21349/21350
whitepaper
Introduction
SquishyCoin (SQCN) is a cryptocurrency that leverages the Equihash 200,9 algorithm, zk-SNARKs technology, and a decentralized architecture to offer secure and private transactions. By combining the features of Equihash, zk-SNARKs, and decentralization, SQCN aims to address the increasing demand for privacy and anonymity in the cryptocurrency landscape.
Technical Specifications
Mining Algorithm: Equihash 200,9
SQCN utilizes the Equihash 200,9 algorithm, which provides a memory-hard proof-of-work scheme. This algorithm ensures that mining is accessible to a wide range of hardware configurations, including GPU's and ASICS based mining.
Privacy and Anonymity: zk-SNARKs
SQCN incorporates zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge) technology to enable private transactions. zk-SNARKs allow users to prove the validity of a transaction without revealing any sensitive information, such as the sender, recipient, or transaction amount. This provides robust privacy and anonymity for SQCN users.
Decentralized Architecture
SQCN operates as a decentralized cryptocurrency, meaning that there is no central authority controlling or governing the network. It employs a peer-to-peer network architecture, where every participant has equal rights and responsibilities. This decentralized nature ensures transparency, security, and resilience.
Features and Functionality
Privacy and Anonymity
SQCN's primary focus is to provide privacy and anonymity to its users. Through the use of zk-SNARKs, transactions conducted using SQCN are effectively shielded from prying eyes, preserving the confidentiality of the involved parties.
Open Source
SQCN is an open-source project, meaning that its codebase is publicly available for review, scrutiny, and contribution by the community. Open-source development fosters transparency, innovation, and community collaboration.
Secure and Immutable
SQCN employs cryptographic techniques to ensure the security and immutability of its blockchain. Transactions are verified through consensus mechanisms, making it highly resistant to tampering or fraudulent activities.
Future Potential Coin Price
While it is challenging to predict the future price of any cryptocurrency, several factors can influence the potential price of SquishyCoin (SQCN). These factors include market demand, adoption rates, technological advancements, regulatory developments, and general market conditions. As SQCN gains recognition, widespread usage, and adoption, it has the potential to experience increased liquidity and market value. However, it is essential to note that cryptocurrency investments carry risks, and investors should conduct their own thorough research and exercise caution.
Use Cases
Private Transactions
SQCN is suitable for individuals or organizations that require privacy in their transactions. This includes sensitive financial transactions, business payments, or personal transactions where anonymity is desired.
exchange
Currently Squishy Coin is tradable on Xeggex.com but more exchanges are in the works as well as AtomicDEX.