Signatum is a privacy oriented crypto-coin, featuring the new SkunkHash Raptor algorithm, aimed at offering seamless utility on both public and TOR markets. It’s designed to be easily integrated into several applications, including payment platforms, exchanges, and marketplaces. New SkunkHash Raptor algorithm enables strong ASIC-resistance during the proof of work phase and encourages fairness for miners and investors. It’s worth mentioning Signatum was lunched in old school fashion with no premine, no ICO and without a Devfee.
The proof of work phase will last for the first 100,000 blocks. At the time of writing this article, we were at block 88,777 and estimated 8 days until full proof of stake phase. For current stats click here.
When Signatum riches block 98,500 it will switch to hybrid Proof of Work (PoW) and Proof of Stake (PoS) phase which is estimated to last 1,5 day. Once the available 100,000 PoW blocks have been mined, Signatum will transition into a full PoS coin. Users staking coins through their local wallet will receive a fixed 5% APR with payouts based on the number of coins staked in the wallet.
In my opinion Signatum is a great crypto to get in now, before PoS, when the prices are still unbelievable low. We can observe, as it gets closer to block 100,000 prices are slowly going up as well.
Obviously I’m not a financial advisor. Do your own research:
http://signatum.news/development/signatum-lots-of-updates.html
Any suggestions, thoughts or ideas… Feel free to list them below in the comment section.
Comments and votes helps this post to reach more people.
Signatum donation address: BKhFo5PruaxVCUPmFZDX5x2hWQy5f9uZRh