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TravelFlex (TRF)


Was released on
December 14, 2017 00:00
Travelflex is a new cryptocurrency that is aiming to solve the scalability issues that other coins like Bitcoin are facing at the moment. By using a complete new DAG based algorithm Travelflex isn’t just a simple clone or a token. The block speed, for example, is 1 block per second, compared to 1 block per 10 min for Bitcoin. It will be a real Proof-of-Work (POW) coin that can be mined and runs on its own network unlike 90% of all the others coins. Don’t be confused by the name Travelflex since the coins can be used for almost anything payment related, not just traveling. Key Features of Travelflex: 1. Super-fast transactions worldwide and a proper block size (0.5 TRF per second). 2. Physical Travelflex card (usable as a credit/ATM card). 3. Mobile nodes to keep the network decentralized and faster. 4. Direct, 100% secure and decentralized chat from wallet to wallet (peer to peer). 5. Connect to your favorite social media and add your friends to your friendlist. 6. Near Field Communication (NFC) to see who uses Travelflex around you. 7. A true ASIC resistant decentralized mining Proof-of-Work (POW) coin. GPU mining. 8. Escrow service over the network. 9. Giving back to charities through mining. 10. 24/7 support. 11. Modern printable Travelflex cheques.

Specifications

  • Algorithm:

    Scrypt
  • Nr. Coins:

    100 Million Coins
  • Distribution:

    PoW
Name - Travelflex Symbol / Tag - TRF Github / Source Code - Will be released after the ICO Algorithm used - Starting on Travelflex scrypt, will be converted to a DAG based Algorithm Travelflex Wallet Version - TravelFlex-qt, file version 4.1.0.0. Status - Healthy Connections - 8 Hash Algorithm - Scrypt. Will be converted to a DAG based Algorithm Proof-of-Work Scheme - Proof-of-work Coins to be Issued - 100,000,000 form the ICO + 63,000,000 coins after 30 years of mining will lead to a total of 163,000,000 coins. Block Time - Starts at 1 minute on scrypt then will go to 1 second on the new DAG algorithm Block Reward - It starts at 30 coins per minute on scrypt Travelflex. After the final conversion to the DAG based algorithm, it will be 1 second per block with 0.5 coins as reward which equals 30 coins per minute. Difficulty Retarget - 1 block

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Release of TravelFlex

Released on December 14, 2017 00:00