What is BlackCoin?
BlackCoin is a peer-to-peer cryptocurrency with a distributed,
decentralized public ledger similar to Bitcoin
BlackCoin uses a
proof-of-stake system and is open-source.
Bitcoin and Blackcoin
Each BlackCoin confirmation time takes under a minute, compared to
Bitcoin confirmation times of about 10 minutes.
BlackCoin’s Proof of Stake system secures the protocol through an
efficient, decentralized process called “minting”, while Bitcoin uses a
mining process that has been well documented as expensive and