Hello Every one!
I have been monitoring a new coin that uses Simple JavaScript .
It is a good concept for Webmasters and for solo mining. The features of this cryptocurrency are:
Fee free fast transfers
Utilizing a multi-blockchain core database along with an account ledger we have been able to get the transaction time down to below 30 seconds and scaled it to 50,000 transactions a second in a test suite (the same operating capacity as VISA).
ASIC Resistant
The platform is ASIC resistance since a browser is used , although it implements SHA256 algorithm But the mining Payouts are Based on Lottery of tickets so When tested with ASIC and simple CPU , the Advantage of ASIC for SHA256 Disappears.
Self-Mining
To make cryptocurrency fun, any user can log into their control panel and click a start mining button. A dedicated coin pool is offered so anyone with a web connection can go online and “earn” their fair share of the digital currency. This pushes the platform past “just being for webmasters and app developers”.
Live Platform
The main user interface platform at: JSEcoin Platform is for non-technical users. Someone with no previous experience of cryptocurrency should be able to setup an account and purchase,send,mine JSEcoin.
Environment
The Bitcoin network alone uses enough electricity to power six US households for a day for each and every transaction
The entire network consumes the same amount of electricity as 1,500,000 households and the consumption of miners is growing at around 1TW/hr per month. The competitive nature of traditional cryptocurrency mining means that as prices rise more and more power is being consumed by the network because this is the only cost to miners once the hardware is purchased. The most competitive mining companies are industrial server farms setup next to power stations with access to cheap wholesale electricity. JSEcoin is mined using surplus CPU resources which would be otherwise wasted. Browser mining has a huge environmental and cost advantage over existing cryptocurrency networks. There is an opportunity to make a real difference with web based cryptocurrency mining. Whether it’s our company that breaks through with it or someone else’s, this is the direction the industry is going in and we have the first mover advantage.
Webmasters
JSE cryptography is providing a way for website owners to monetize their content as an alternative to displaying ads. This may be preferable for sites where space is at a premium or banner advertising is not appropriate. It could also be used in conjunction with existing advertising methods as an additional revenue stream.
The code can be loaded as a post-page-load async process so it would not disrupt website performance and the user experience would not be affected. The hashing would run in the background, behind the scenes.
“Poor Quality” traffic which doesn’t earn ad revenue such as visitors from remote regions or some js enabled spiders could also be monetized for the first time. This could provide a foot in the door opportunity to test the program for larger media companies.
Timeline
It has great Potential For miners and Web developers .
Sign Up here for an account and start mining before competition Builds up.