VoteCoin (VOT) is an anonymous crypto currency. VoteCoin (VOT) is best suitable for elections of any kind where vote is needed to be cast. VoteCoin (VOT) is designed for other purposes of voting. VoteCoin is designed and developed on the protocol of Zerocoin.
VoteCoin is the ideal crypto currency to be used in opinion polls. VoteCoin provides proper weightage to voting by transferring value in opinion polls. This information of transfer of value may either be public or be anonymous. VoteCoin is also a crypto currency of tremendous value in public elections. VoteCoin (VOT) provides an option of shielded transactions. The total information of the sender, the recipient and the value of transactions on the blockchain are completely hidden by shielded transactions. VoteCoin is also a digital currency of immense value in crowd funding operations. VoteCoin is of multiple use in fund raising programs. VOT helps in raising contributions for any project or venture. This fund-raising venture may be targeted to particular features.
The source code of VoteCoin is based on Zcash, from Zerocoin. It follows the same setup, which is trusted for long and is provided by the team of Zcash. The total supply of coins for VoteCoin is 220 million VOT with a block reward of 125 VOT. The block time is 2.5 minutes. VoteCoin uses Equihash algorithm.
There is distribution of pre-mined VOTs in a manner that 4.54% of pre-mine coins are distributed among the contributors. There is nothing for the VoteCoin team. VoteCoin does not include any Founder’s reward. There is no slow start period for Vote Coin. All these ensure a fair coin distribution of VoteCoin’s VOTs.
There are options of either making the transactions of VOTS fully visible publicly or be transparent. It may also be shielded with no details of the transaction exposed to anybody. The transaction becomes completely anonymous. VoteCoin has the priority goal of making the provision of a multi-platform wallet application which will prove to be suitable for every user.
VoteCoin has the token of VOT, which is a mineable digital currency. The miner needs to download and install a wallet for storing VoteCoin tokens VOT. Lots of different crypto coins were launched lately, but unfortunately none of the crypto currencies could provide a software for wallets to suit the needs and necessities of VoteCoin, in terms of stability and utility. VoteCoin is aiming to provide a well designed VoteCoin client, which will be easy for every user to use and will run on most common platforms.
VoteCoin is the only crypto currency that will prove to be useful in voting purposes, in opinion polls and in crowd funding programs. VoteCoin has a tremendous potential.
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