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CUT coin uses the latest advances in cryptography to allow anonymous transactions. Wallet balances, transaction amount, sender and receiver are private by default on our blockchain. Our innovative Proof of Stake consensus is the first in history to keep the total amount of coins even in staking wallets completely concealed. CUT coin benefits
By utilizing the Proof of Stake consensus we are freeing coin holders of the new emission inflation, that is typically paid to miners in Proof-of-Work chains. The security of the blockchain and approval of transaction is in the hands of the CUT owners that have chosen to put their coins "on stake" and earn interest in the form of block rewards for approving the said transactions. It is our believe that our approach achieves better decentralization than Proof-of-Work networks, where the chain control can switch very fast when new, better hardware for mining can be secretly developed and used. Privacy, anonymity, fungibility
All wallet ballances are for owner's eyes only. All transactions are anonymous - there is no way to know if two transactions originated from the same wallet or not. CUT coins are fungible, there is no way to track the history of a given coin. Environment friendly consensus algorithm Consensus algorithm that does not require huge amount of energy to operate is more resistant to market downturns. Our revolutiolutional approach to Proof of Stake uses the privacy of the wallet balances to free the consensus from the usual determinism of PoS blockchains. Predictable Transactions
We have modified the traditional block timing algorithm and modulated by a nonlinear function so blocks are following target time more closely than the usual Poisson distribution. This effectively reduces the fluctuations in transaction processing times.