This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release.
Hanacoin is a new cryptocurrency start-up from South Korea. The coin is GPU minable using the Lyra2Rev2 algorithm. The coin is designed to be ASIC resistant and will adjust quickly to hashpower increases thanks to its Dark Gravity Wave V3 difficulty adjustment algorithm. The coin is aimed at young adults as a store of wealth and payment system.
A Momentous day
Signing the peace treaty between South Korea, North Korea, The USA and China on June 12 will be the most important historic moment since the end of world war II for Koreans. We have chosen this momentous day to launch our new cryptocurrency. Hana means ‘One’ in Korean. Hanacoin / HanaKorea.
Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up.
The coin will differentiate itself in the market with three key strategies.
1) Hanacoin will adopt an aggressive marketing strategy focusing on sports, music and eSports.
2) Hanacoin has the flexibility to quickly adapt to the best technology available without the need for consensus from competing groups with their own motives.
3) Hanacoin developers will maintain control of the coin by keeping the coin asic resistant.
4) Giving back to the community through charitable donations of Hanacoins.
Hanacoins goals are to develop a coin that can:
- Be used for instant transactions with minimal or no transaction fees,
- Be adopted as the mainstream form of digital currency,
- Integrate with existing tap and go payment systems,
- Comply with and co-operate with regulators,
- Use the best available technology.
The developers are actively establishing a graduate program with local universities to seek out the brightest upcoming cryptocurrency developers.
Hanacoin is not a privacy coin and will comply with all Regulations and be a transparent coin with public ledgers. Privacy and anonymity oriented coins are becoming a pervasive and often contentious topic. As a result, many figures in the media and government have cast a distrustful eye on such protocols fearing a new medium for illicit and illegal activity. It is our belief Privacy coins will come under increased government scrutiny in the coming years.
Hanacoin will list on exchanges in the coming months once there is sufficient demand for the coin. Hanacoin invites everyone to commence mining now. Visit https://www.hanacoin.com.