Crown is a digital token and application platform. It has been designed for bringing about technological and financial innovation and has a great potential to become an application platform, messaging and global payment platform. Crown has the capabilities of Bitcoin and DASH protocols, but there are important differences too. For instance, Crown authorizes transactions faster and has an extra layer of security. It was launched as a European project without any ICO or pre-mining.
One of the main features of Crown is its high usability. It has a clear logical structure, offers application feedback and provides easy user interaction facility. The Dual Model is capable of supporting both temporary and permanent activities. It does not attach the coin to any single application as it is open and agnostic. Crown is committed to constructing a durable and open application platform.
Crown Trons form the backbone of the decentralized asset and application system. These masternodes can be termed as special servers. They form the second tier of the Crown network. Trons were based on the Dash masternode code but the technology experts at Crown are changing the way Trons work to match the working of the Crown Revolution Project.
Anyone with 10,000 CRW can set up Trons. These CRWs will be used as non-risked collateral. The purpose is to prevent a 51% attack situation which in any case is a financial impossibility. Trons act as the main support system of this application platform can deliver the network diversity and computing power needed to manage various services and applications. The owner of a Tron is offered a portion of the block reward for operating a Tron. This reward is fixed at 50 per cent. However, it might be scaled down to around 45 percent. This is being done to finance the development projects coming up in the future. The community will decide on how to spend the fund through voting and which will be verified using a governance model that’s based on blockchain system.
Crowns can be acquired either by mining or trading. For mining, expertise and special equipment, as well as mining skills, are imperative. However, anyone can trade in Crown and purchase CRW at specific exchanges. They can also be obtained in exchange for goods or services.
Currently, there are 16,396,266 CRW circulating in the market. The market cap of this currency is $39,014,915. It is being traded at $2.38.
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