Portal:Kali Yuga/Article: Difference between revisions
(Created page with "<div style="float:left;margin:0.5em 0.9em 0.4em 0;">160px</div> The '''Santiago Anti-Communist Treaty Organisation''' ('''SAC...") |
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<div style="float:left;margin:0.5em 0.9em 0.4em 0;">[[File: | <div style="float:left;margin:0.5em 0.9em 0.4em 0;">[[File:Amrita logo.png|160px]]</div> '''Amrita''' is a Nifonese cryptocurrency that was created in 2015 by Saito Daiei, a software engineer living in Ishikawa, who had a vision for a system of a decentralized finances. Currently the network is developed by Amrita Labs, being a subsidiary of the state-owned Nifonese Cybertronic Group, which owns 65% of sharess while remaining 35% are in the hands of private investors. Mr. Saito now occupies a position of Chief Engineer within Amrita Labs. Amrita is based around a peer-to-peer network. In this sense, a blockchain is a set of blocks of information arranged chronologically. Amrita miners run complex rigs in order to solve equations within the blocks. Responsible for securing the transactions is a proof of work mechanism using scrypt as it's basis. Target time of solving a single block is 2.5 minutes, which allows for swift, efficient transactions not possible with other cryptocurrencies. ('''[[Amrita (cryptocurrency)|See more...]]''') | ||
Latest revision as of 23:39, 18 May 2021
Amrita is a Nifonese cryptocurrency that was created in 2015 by Saito Daiei, a software engineer living in Ishikawa, who had a vision for a system of a decentralized finances. Currently the network is developed by Amrita Labs, being a subsidiary of the state-owned Nifonese Cybertronic Group, which owns 65% of sharess while remaining 35% are in the hands of private investors. Mr. Saito now occupies a position of Chief Engineer within Amrita Labs. Amrita is based around a peer-to-peer network. In this sense, a blockchain is a set of blocks of information arranged chronologically. Amrita miners run complex rigs in order to solve equations within the blocks. Responsible for securing the transactions is a proof of work mechanism using scrypt as it's basis. Target time of solving a single block is 2.5 minutes, which allows for swift, efficient transactions not possible with other cryptocurrencies. (See more...)