SafeCoin is a lightning fast and efficient Proof-of-Stake blockchain network based on the Solana code base. It takes Solana’s best features like its unique Proof-of-History timing mechanism, and improves upon the code to make it more accessible to a greater number of people. Please visit https://docs.safecoin.org for more information.
SAFE is SafeCoin’s native coin. Unlike Proof-of-Work currencies like Bitcoin, it can’t be mined. It needs to be purchased, traded for, or acquired via staking rewards (see the section on staking and validating). The projected maximum supply of SAFE is 36.2 million.
SafeCoin is FAST - Thanks to Solana’s unique multithreaded architecture and Proof of History protocol, the SafeCoin network can process an incredible 65,000+ transactions per second. Other blockchains typically range from a few transactions per second (like Bitcoin) to a few thousand (like EOS and Ripple).
It also has lightning fast finality with transaction completion in under one second. Comparably, Bitcoin is at ~30-60 minutes, Ethereum is at ~5 minutes, and most other altcoins range from a few seconds to a few minutes. This makes for a highly scalable and a suitable platform for a sustainable future.
SafeCoin is Affordable - Transaction fees are significantly less than that of other blockchains. Currently each SAFE transaction is set at 0.0001 SAFE. Unlike other blockchains, this number will not fluctuate with network activity.
SafeCoin Is Environmentally Friendly - With the power of multi-threading, the SafeCoin network is the world's most energy efficient crypto using only ~0.0000027kW per transaction.
SafeCoin is Accessible - The main difference between Solana and SafeCoin is that nearly anyone can run their own validator and participate in the network. An important part of SafeCoin is being decentralized, the more people Validating, the greater the decentralization.
Company Details
- Founded
- -
- Address
- Long St, Wilkeson,washington,united States
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://safecoin.org
- Keywords
- Security and Cryptocurrencies.
- HQ
- Wilkeson, Washington
Safecoin Questions
Safecoin's website is http://safecoin.org
Safecoin's LinkedIn profile is https://www.linkedin.com/company/safecoins
Safecoin's industry is
Financial Services
Safecoin's top competitors are
Mineplex Banking,
Safecoin,
Eosi Finance,
Mfm-It Limited,
Tinylabs,
Depined,
Solo Network,
Paycoin - Digital Marketing Agency,
Stabull,
Highstreet.
Safecoin's categories are Financial Services
Safecoin's founding year is 2017
