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Travelflex is a new cryptocurrency that is aiming to solve the scalability issues that other coins like Bitcoin are facing at the moment. By using a complete new DAG based algorithm Travelflex isn’t just a simple clone or a token. The block speed, for example, is 1 block per second, compared to 1 block per 10 min for Bitcoin. It will be a real Proof-of-Work (POW) coin that can be mined and runs on its own network unlike 90% of all the others coins. Don’t be confused by the name Travelflex since the coins can be used for almost anything payment related, not just traveling.
Key Features of Travelflex are:
1. Super-fast transactions worldwide and a proper block size (0.5 TRF per second).
2. Physical Travelflex card (usable as a credit/ATM card).
3. Mobile nodes to keep the network decentralized and faster.
4. Direct, 100% secure and decentralized chat from wallet to wallet (peer to peer).
5. Connect to your favorite social media and add your friends to your friendlist.
6. Near Field Communication (NFC) to see who uses Travelflex around you.
(These functions can be switched on and off in privacy settings).
7. A true ASIC resistant decentralized mining Proof-of-Work (POW) coin. GPU mining.
8. Escrow service over the network.
9. Giving back to charities through mining.
10. 24/7 support.
11. Modern printable Travelflex cheques.