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MineCoin is the official coin of the MineHouse Organization, a platform targeted towards enabling the fastest cross-chain cryptocurrency services with super secure transactional operations. A network dedicated in decentralizing cross blockchain operations. With our Wallets, Miners & NFT’s, you can access the blockchain without holding back.
Mine House, an organization built on cross chain interoperability eliminates the need for intensive PoW consensus algorithms and proposes a novel and more robust Secure Proof of Stake consensus, enhancing intra-shard communication and pruning the blockchain state to the most essential. After numerous success in the blockchain mining industry, we take a step forward into the creation of our cryptocurrency – MINE COIN. The idea remains the same – a decentralized future.
MineCoin fixes the collective action problems that impede scaling in proof-ofwork and proof-of- stake blockchains by coupling a circular ledger to a consensus mechanism that incentives the collection and sharing of transaction fees. The resulting network pays not just for mining and staking, but for all activities that contribute economic value to the network. In the process, MineCoin fully eliminates majoritarian among other attacks.
MineCoin pays user-facing infrastructure nodes out of an open consensus mechanism. Because this approach scales naturally, it incentives the processing of large amounts of data and can be used to build decentralized versions of many data- heavy services, such as un-astro turfable data exchanges, authentication and monetization applications, distributed key registries that are secure from MITM attacks, payment channels, and much more.