Bitcoin was one of the first decentralized cryptocurrencies to ever hit the financial markets and it received a wide reception from users worldwide. The popularity of bitcoin among cryptocurrency enthusiasts can be attributed to the fact the currency guaranteed the privacy and anonymity of transactions to a certain extent. This, therefore, meant that third parties or intermediaries would not be able to find out where a particular person owns bitcoin.
More Altcoins With Unclear Objectives
As the years progressed, more and more similar coins were developed and introduced into the market. Currently, there are thousands of cryptocurrencies in the market that aim at attracting a share of the ever-growing cryptocurrency market. However, unlike Bitcoin most of these coins are money oriented and lack actual objectives or goals for their projects, which therefore makes it difficult for cryptocurrency investors to determine which projects are viable and those that are not.
Meeting The Needs Of Crypto Enthusiasts
In some other cases, other coins strive to distinguish themselves through integrating unique features that are beneficial to crypto enthusiasts in various ways such as being more secure, having lower transaction fees at faster transaction speeds, or even being more intuitive.
What Is Actinium?
One such coin is Actinium, also abbreviated as ACM. The developers of the coin, through their blue paper have highlighted that one of their main objectives is to introduce a coin into the market that provides a solution to the overwhelming number of scam coins that are flooding the cryptocurrency market. True to their word, the team has avoided the practices of paying social media influencers or websites to make them relevant.
Similarly, the project has not used the Shilling method as a way of getting as many people as possible to purchase the coin in order to gain short-term profits. So far, the team is yet to have a pre-sale or pre-mines, which further confirms that profit making is not the main agenda of the project.
Operating On The Tor Network
The coin operates on the Tor network, which is a network that allows users to interact with internet anonymously, or with disguised identities in order to make it difficult for the user’s identity to be known. The utilization of the Tor network by the coin elevates the privacy and anonymity of the coin to another level by making it impossible to trace or monitor transaction carried out using it. For crypto users who prioritize privacy, Actinium would be a great option.
In the future, the coin will have its own ledger wallet support that will facilitate safe and secure trading and transfer of the coin.
Lightning-Fast Transaction Speeds
Apart from top-notch anonymity and privacy, the project developers seek to provide the coin lightning-fast transaction speeds through the implementation of lightning technology within the project. The technology operates on top of the blockchain technology to enable fast transactions using the coin and solve the scalability problem that most cryptocurrencies face. With this technology, Actinium hopes to acquire mass adoption worldwide.
Despite the Actinium project, being in the development stages, the transparency and honesty of the team behind it emphasizes the great potential that Actinium has in providing real solutions to the challenges facing the market today.
Learn more about Actinium:
- Website: actinium.org/
- Blue Paper: github.com/Actinium-project/BluePaper/blob/master/BluePaper.pdf
- Discord: discord.actinium.org/
- BitcoinTalk: bitcointalk.org/index.php?topic=4300440.0