Capricoin technology

Proof-of-Stake distributed ledger

CPC achieves its consensus through the proof of stake (PoS) algorithm which was designed and first implemented in Peercoin. PoS is much more eco-friendly than other alternatives since it doesn't require mining. There are no energy wasting operations required to secure the network! Stakeholders can use their own computers instead of buying special mining rigs available to a privelleged few.

Pre-Mined

CapriCoin aims to resolve the issue of energy expenditure by pre-generating all the coins that will ever be used on the network. All future transactions can be done on equipment with low computational capabilities, the kind used in daily commerce (cell phones, POS terminals, ATM machines, etc.).

Transaction scheme

CPC blockchain uses the standard UTXO transaction model. There is no registration required as there are no accounts to be registered on the blockchain. Anybody capable of generating a private/public key-pair can receive CapriCoins. Transactions are signed using asymmetric cryptography based on secp256k1 elliptic curve.

Low fees
Low fees
No banks
No banks
Decentralized
Decentralized
No chargebacks
No chargebacks

Capricoin ecosystem

3rd Parties

Capricoin for 3rd parties

CPC platform is fully open to cooperate with third parties, ensuring smooth integration process via REST API and SDK implementations in many popular languages. API and SDK are extensively documented, providing great support for an IT team on many levels. Gateway is secured, accepting only TLS communication, validating your IP against whitelist on every request. Client is authenticated by API key and secret. On success, authorization token is provided to access specific resources.

All in one

Capricoin is all-in-one

CapriCoin architecture is modelled for all usable business platforms as a single API having various interfaces depending on the kind of service it provides for a third party. CapriCoin as a multi-functional digital asset is designed as a business model for 8 key platforms: remittance, travelling, cashback, betting, gaming, trading, business club, and auction sector. The user can click through many platforms and enjoy the full range of services across one payment-integrated system. Moreover, the CPC model even better meets the business requirements of the Vizionary network, consisting of almost 80,000 active clients with high consumer habits who prefer new and innovative trends (even in shopping).

Distribution

Distribution of Capricoin

Capricoin is designed to be a globally distributed math-based currency. The developers of Capricoin created 200 million Capricoins at its inception.

Over the next 24 years there will be up to an additional 8 million coins produced through a staking rewards system shown in the table below. Of the 200 million coins produced, the total held by the Capricoin development team is 0.5%.

Currently in circulation – 20,000,000

Total Supply not to be exceeded – 208,000,000

Capricoin is all-in-one