Scribe (SCRIBE)
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About Scribe
Scribe Network (SCRIBE) is a cryptocurrency that aims to bring privacy, security, and fast transactions to the network. It is a fork of Dash and utilizes the masternode system. With a maximum supply of 32.7 million coins and a mature block time of 30 blocks, Scribe Network is designed to offer efficient and secure transactions.
The technology behind Scribe Network includes a mining pool and exchange, allowing users to mine and trade coins. The network uses the Lyra2REv2 algorithm and implements the Dark Gravity Wave v3 difficulty algorithm. InstantSend confirmation takes approximately 5 seconds, providing quick transaction speeds. With a focus on decentralization, Scribe Network envisions a network-based community that experiments and implements new technologies.
With an ambitious roadmap, Scribe Network aims to create a complete network for cryptocurrency. The project is led by young developers actively building a decentralized platform. The coin rewards miners and masternode operators, with 60% of block rewards going to miners initially and gradually increasing to 65% for masternodes. Additionally, Scribe Network features private send and anonymous transactions, fast transactions through InstaSend, and masternodes for network security.
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