Hellenic coin is an encrypted and private cryptocurrency. In order to perform a transaction, you need only a public and a private key. A completely decentralized digital currency. Transactions are irreversible, a further step to prevent fraudulence.
HNC Solution
Hellenic Coin through the sector of tourism is solving two main problems that all cryptocurrencies are facing
Usability of a coin
All cryptocurrencies are facing the obstacle of usability in the real economy and want to be accepted as means of payment for goods and services.
For now, they are only traded on speculation and their volatility is very high. Almost all of them are following the same trend because they are alike.
A crypto coin is successful if it manages to be adopted by many merchants as a mean of payment and get used by more and more consumers.
Hellenic Coin is accepted by many Greek hotels and merchants in the tourism sector, thus entering the real world and having the same value to investors as fiat money.
Usability of a coin
All cryptocurrencies are facing the obstacle of usability in the real economy and want to be accepted as means of payment for goods and services.
For now, they are only traded on speculation and their volatility is very high. Almost all of them are following the same trend because they are alike.
A crypto coin is successful if it manages to be adopted by many merchants as a mean of payment and get used by more and more consumers.
Hellenic Coin is accepted by many Greek hotels and merchants in the tourism sector, thus entering the real world and having the same value to investors as fiat money.
Perpetual demand
By entering the tourism sector, Hellenic Coin solves the issue of demand that cryptocurrencies face, that is because all the other coins are being traded on speculative reasons as mentioned above, but HNC due to its usefulness to the real economy, HNC will have perpetual demand all the time, day by day, year by year and so on, a problem that no other coin has solved.
By entering the tourism sector, Hellenic Coin solves the issue of demand that cryptocurrencies face, that is because all the other coins are being traded on speculative reasons as mentioned above, but HNC due to its usefulness to the real economy, HNC will have perpetual demand all the time, day by day, year by year and so on, a problem that no other coin has solved.
Mining
Proof of Stake (PoS), is the consensus algorithm that HNC utilizes. Mining is the process by which transactions are verified and added to the public ledger, known as blockchain, and through which new Hellenic coins created.
Transactions must be included in a block. Miners then verify these transactions through proof-of-stake. The miners check incoming transactions against previous transactions on the blockchain. If no double-spends are detected, the miners create a block with new transactions and add it to HNC’s existing blockchain.
Each new block is then sent to nodes on the network. The nodes use the miners’ work to continue to verify and transmit transactions across the network.
When a transaction is made, it is then grouped with others that have been recently submitted within one of these cryptographically-protected blocks. Miners solve rather complex mathematical problems, passing the data within a block through the algorithm until their collective power discovers a solution.
- Helleniccoin Wallet Downloads:
- Helleniccoin Mining Link:
How to start Mining HNC:
- Download the right HNC Wallet for you.Choose between the OS that you use.
- Decompress the downloaded file.Creating a new folder and unpacking the downloaded file in the new folder is the preferred way to limit file loss.
- Run helleniccoin-qt file.
- Click ‘Tools’
- Click ‘open wallet configuration file’
- Paste the link from the Mining Button above.You simply copy-paste the content of the link we provide via GitHub.
- Close Wallet.
- Open your Wallet again.Closing and opening the wallet leads to synchronizing the old information with the new ones you just introduced.
ROAD MAP
Find More: https://www.helleniccoin.com/
Tip of CryptoBite: Look, This Greek based coin is created upon Greek tourism which now will begin and rise up.
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