Titan projects ecosystem uses a custom, hybrid (PoW/PoS) blockchain designed specifically to empower our users to perform cross-border payments within and outside the ecosystem in a completely secure manner.
Ours is an ecosystem of multiple applications/projects, all of which use our secure and decentralized payment system governed by the native cryptocurrency titan coin.
Titanprojects has its own coin (cryptocurrency), here’s why:
Titancoin is a digital currency made for payments. The reason why we created our own cryptocurrency/coin is to keep the control within the community and to give complete control to our users.
We wanted a cryptocurrency that is better than anything already out there. With that aim, titan coin was designed on a hybrid blockchain with speed and security of transactions in mind.
With titan coin, users can send/receive payments in an instant and to/from anywhere in the world. The hybrid blockchain of titan coin ensures complete security and privacy for its users.
Having a native coin enables the titanprojects ecosystem to embrace multiple projects while keeping control on the security and related things. Thanks to our native titan coin, the users are not dependent on third-parties cryptocurrencies in order to use or interact with titan projects/apps.
Titanprojects has its own blockchain, here’s why:
Titan coin and projects are based on a new kind of blockchain technology that uses Hybrid POW dynamic POS SHA 256+ Groestl (Dual Algorithm). It ensures fast and reliable processing of transactions. The POS (Proof of stake) pays 2.5 percent per year to those who chose to stake in titan coins.
Titan coin is developing a global level payment network, and we simply can’t afford to run on an out-dated technology that is borrowed from a third-party and is susceptible to vulnerabilities. We, therefore, needed a blockchain which is based on the latest developments and can be customized as and how we needed it in order to protect our user interests.
Titanprojects blockchain enables the ecosystem to remain independent and to run fast by removing the issues as soon as they are detected. Moreover, it allows us to proceed at our own speed without depending on the development of any third-party project/s.
Titanprojects coin and blockchain were created to overcome the issues with the existing cryptocurrency blockchains. For instance, the bitcoin blockchain has been hacked multiple times, which shows that it is not very secure.
Moreover, the transaction processing time is nearly 10 minutes, which is way too high from the industry standards. Also, most of the existing blockchains are created on PoW (Proof of Work) consensus, which requires a high amount of energy to operate.
Seeing the shortcomings of the existing blockchains, we decided to develop our own custom, advanced blockchain with special qualities and never-before features.
Besides being a global payment currency for fast and affordable cross-border transactions, titan coin will also offer a suite of modern applications to help users with day-to-day activities, with the ability to develop/host new apps on the titan blockchain platform.
For any query or question, feel free to reach the team at the official Telegram channel @ https://t.me/TitanCoinOfficial
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