A peer-to-peer version of electronic cash
would allow online payments to be sent from one party
to the other without contacting the financial institutions.
We use the blockchain paradigm with cryptographically
secured transactions. Here we are considering Bitcoin,
the largest owned cryptocurrency in the market. We
will tackle this by taking inspiration from previous
cryptocurrency problems and providing a helpful
solution to satisfy the requirements.
Our currency's name is Krono Coin, and it works
on the algorithm of "Proof of Work." It uses blockchain
to tackle real work problems and business application
Our objective is to build a platform where people
would beable to mine cryptocurrency. Once hitting the
desired mark, people would be able to use this coin as a
means of transaction in real life.
We implement a wallet system for people to store
their currency. This, if implemented with other wallets,
will help people exchange, trade, and buy/sell other
Keywords : peer-to-peer, transactions, blockchain, cryptocurrency, proof of work.