Article Summary, Automatically Generated By AI
Summary of CPCoin
-
Launch Year:
2020 -
Total Supply:
250 million coins -
Blockchain:
CryptoPerformance CHAIN (secure, fast, and ultra-low fee) -
Wallet:
Cx0 Secure Wallet -
Consensus Algorithm:
100% proof of stake -
Use Cases:
- Ecosystem transaction costs and fees
- In-store payments on the CryptoPerformance Platform
- Fees from CryptoPerformance BANQ and Charity
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Introducing CPCoin: A Pioneering Cryptocurrency
The CryptoPerformance Coin (CPCoin – CPC) is the native cryptocurrency of the CryptoPerformance CHAIN, a proprietary blockchain designed by CryptoPerformance Group. Since its launch in 2020, CPCoin has become an integral component of the crypto market and a vital asset for advancing the CryptoPerformance Platform and ecosystem. Each CPCoin acquired grants the owner a stake in the innovative CryptoPerformance CHAIN, making them an integral part of the ever-expanding community. The CPCoin plays a pivotal role in growing the community, with multiple underlying functions that maintain its constant circulation and demand. As the native coin of the CryptoPerformance CHAIN, a secure, fast (1 block = 5000 transactions in under 15 seconds), and ultra-low-fee blockchain, the CPCoin ensures the safety of the coin and associated projects. Unlike other cryptocurrencies, the CPCoin does not rely on third-party blockchains and boasts its own Cx0 Secure Wallet. As a peer-to-peer digital currency, the CPCoin, like Bitcoin, does not retain physical records of past owners, only a public ledger of digital files as they transfer from one account to another. These records are timestamped and distributed to an entire network of people, making it virtually impossible to manipulate or alter. As a 100% proof-of-stake cryptocurrency, the CPCoin’s price is regulated by supply and demand. With a total supply of 250 million coins, starting from zero, the CPCoin is utilized for ecosystem transaction costs and fees, including purchases, transfers, swaps, and withdrawals on the CP Platform, as well as fees from CryptoPerformance BANQ and CryptoPerformance Charity for Charities. Additionally, the CPCoin is used for in-store payments on the CryptoPerformance Platform. What sets the CPCoin apart is its unique launch, privately funded and automatically circulated onto the market, making it immediately available in users’ wallets. The CPCoin has its own wallet on the CryptoPerformance CHAIN Cx0 and a concise White Paper that is easily accessible to all users. The CryptoPerformance Community also has access to the Advantage Program, which allows CPC holders to deposit their acquired CPCoins and receive daily rewards for ‘keeping’ them, without blocking or freezing the coins, and allowing them to be made available at any time.