CreativeCoin is a crypto currency for creative community. CREA is the first ever crypto currency which is created to satisfy the needs of entire community of creative people. This community of creative people is involved in producing and distributing digital contents. CREA is a decentralised crypto currency, which is not the property of any government or any state. CREA can be used all over the world and it is free from any political or geographical barrier.
CREA is foreign to any law involving trusts or finance. No debts can be created with CREA. No central bank can intervene into the value determination process of CREA. A 8 decimal divisible features is used by CREA. This makes the CREA to make micro payments easily to all types of digital contents. All transactions of CREA are real time transactions and takes just couple of minutes to complete. This CREA crypto coin is so designed that it is practically impossible to fake or counterfeit it. The CREA tokens can also not be doubled without the CreativeCoin network detecting the effort to double this crypto coin.
CreativeCoin crypto currency CREA is absolutely anonymous. No one can, and no one is obliged to expose its identity. This anonymity of CREA makes it the perfect crypto currency to register all digital contents completely anonymously. Every registration and transaction of CREA is transparent. All of them are recorded in an account book which is open. Use of CREA is a great financial relief as it involves lower cost per transaction than making use of any conventional or traditional credit card system or PayPal like payment gateway. CreativeCoin token CREA is a peer to peer crypto currency. CREA works exactly like cash. CREA occupies a very little space so the user can save huge amounts on a small file or on a USB stick.
The total issue of CreativeCoin is 115,000,000 coins. It uses a hash algorithm of SHA-3 Keccak. The job type of CREA is Proof of Work (PoW). The spacing of blocks ios every two minutes with 4 MB as maximum size of blocks. CreativeCoin provides minimum confirmation of 8 blocks.
CreativeCoin can be mined with Graphic Processing Unit with the change in new algorithm. It is way advanced than mining via Scrypt or ASIC. CREA not only uses Keccak as PoW algorithm but also uses double repetition of process by SHA256. It calculates the Markle Root of every block. This double iteration makes mining of CREA with default algorithm absolutely impossible.
CreativeCoin is the decentralised platform for registration and distribution of digital contents. It also provides certification of authorship and of any work license or of any digital creation. It makes them indelible.
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