Description of Creamcoin
‘CREAM’ is a strategic, creative Cryptocurrency project with veteran crypto knowledgeable team behind.
INTRO
Conclusion on ourselves from the past experience, interest and development on blockchain based transactions in order to process payments on simple and cheapest possible way. Development that requires certain technical challenges to be overcome and proceed, in order to be decentralized, trustless, unconfiscatable and borderless.
https://slicex.cc/
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DEFINITION
Beginning of CREAM is by deffining Cream protocol, a state that deffines correct agreement between the nodes in the network, generating blocks with Skein algorithm. With this algorithm, our developers goal is achived in the most possible way to be applied between the nodes, creating most secure valid transactions. The collection of multiple secure transactions in a block, and well order of those blocks – blockchain, in this case modified Bitcoin base altchain, is creating asset or digital property CREAM cryptocurrency.
CREAM ALGORITHM
CREAM is based on Skein chained hashing algorithm, which is used for the ‘Proof of Work’ calculations, which secure the network of some cryptocurrencies. Benefit of this algorithm is the fact that it is less intesive and therefore uses less electricity what makes it widely acceptable and usable.
PROPOSAL
CREAMcoin project is promotion and marketing project for crypto and non crypto projects, operating through Cream Line and the products of it. Cream Line main product is News-Services focused on helping, promoting and marketing crypto startups, innovations and entrepreneurs ideas, in order to pursue their goals.
Creamcoin project will focus on helping, promoting and funding crypto startups, innovations and entrepreneurs ideas, developing their own projects. In the same time we will offer to above mentioned individuals and companies to invest in their startups and ideas to help them pursue their goals.
We are accepting submissions with included either your business plan or executive summary for proper consideration. A lender, equity source of capital or notable intermediary will respond via email within 24 hours of a project being submitted and provide all additional information. All your project information and details will be held privately and solely distributed to target potential investors.
Our team is in intensive negotiation for realizing multiple 3rd party projects with our CREAM line. The proceeds from 3rd party projects of every single CREAM LINE will support our development and project growth in general.
LIQUIDITY
To ensure value, CREAM should be listed on most traded exchanges in the world which will bring in new investors and traders.
CREAM blockchain technology solutions, algorithm infrastructure enhancements, worldwide startup support and investments as well as our dedicated CREAM TEAM, will provide stable and reliable trading volume on exchanges, generating massive liquidity which will bring CREAM to a whole new level.
DISTRIBUTION
Cream team have chosen (POW) Proof of Work distribution method, which have precise defined block reward stated on cream official website.
Possibility of gateway acceptance of CREAM on 3rd party websites that offer products and services will further help in distribution process as well as generating demand for CREAM.
TECHOLOGY
A blockchain is a public ledger of CREAMcoin transactions. Constantly new blocks are added to it as ‘completed’ with a new set of data. The blocks are added to the blockchain in a linear, chronological order. Each node (computer connected to the CREAMcoin network using a client that performs the task of validating transactions) gets a copy of the CREAMcoin blockchain, which gets downloaded automatically upon joining the cryptocurrency network. The CREAMcoin blockchain has complete information about the addresses and their balances right from the genesis block to the most recently completed block. Every node or miner in a decentralized system has a copy of the blockchain. Data quality is maintained by massive database replication of the blockchain and computational trust. No centralized “official” copy exists and no user is “trusted” more than any other. Transactions are broadcast to the network using software with security methods which include the use of public-key cryptography.
APPLICATIONS
Blockchain technology has a huge potential to transform business operating models in the long term. Blockchain distributed ledger technology is more a foundational technology with the potential to create new foundations for global economic and social systems. Blockchain technology can be used to create a permanent, public, transparent ledger system for compiling data on sales, storing rights data by authenticating copyright registration, tracking transactions and more.
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