Alternative Cryptocurrencies Are Back!
These past months, it has been a big boom of new cryptocurrencies with new technologies or even blatant clones, but with huge success & catch at the public. This new boom also helps miners to recoup the investment that they’ve made in mining equipment. Between all this wave of new cryptocurrencies, one of them catches our attention, it’s about Positron!
What is Positron? What is different about it?
Well, we managed to clear our vision between all this fog and waves of new cryptocurrencies and we saw this powerful coin, Positron. It’s a new kind of cryptocurrency, PosiTRON is a project encouraged by the model of venture capitalism in an attempt to catalyse crypto-currency development by providing both financial and technical assistance to worthy candidates. Their team of developers, investors, and miners will provide all the necessary tools to help develop nascent ideas into massive thriving projects. Gains made by accelerating the development of a cryptocurrency will be used to fund further PosiTRON development. Their first project is a pioneering closed source and powerful anonymous transaction system that will eventually be made open source.
Positron Anonymous Technology
Positron proposes a solution to this that will make tracing payments nearly impossible. The system will implement a series of “Masternodes” that clutter transactions in the blockchain, creating a unique “Ramchain” technology that allows the ”Masternodes” to get involved with transactions. This will not be a layer on top of the blockchain or a series of mixer nodes, but instead a flurry of inputs in a particular transaction that masks its true destination.
Who is the developer? Is It anonymous like Satoshi Nakamoto?
This time we aren’t dealing with a developer that wants to keep his life hidden, it has disclose all information regarding him on their Bitcoin Talk Thread, here is the quote:
My name is David McEnery and I am knows as “cryptowest” on twitter, IRC, Skype, Kik, Bitcointalk, and PS4. I have worked on some pretty good projects and some pretty bad projects in the past. Some of you know them, some of you might not. I know the fudders will come and harass me about a few projects last year. I am glad for all the experience I gained. My favorite project was Halcyon or HAL. I had every intention to pour my soul into that, but a trading group that employed me demanded that I drop the project and help them work on another coin or else they would dump it to 0. I lost 20 of my last bitcoins trying to hold support against them, and they made up FUD just to ruin my reputation and to teach me a lesson. I was furious and fell into a long depression. However, this time around I was fortunate enough to be introduced to a host of legitimate investors through a friend I made. By a stroke of fate, I helped him out of a situation while he going through very rough times several years ago. He is now one of the largest Chinese venture capitalists in the cryptocurrency and payment technologies scene, with a stake in a major bitcoin exchange. In turn, he introduced me to venture capitalists who do not typically invest in crypto but trust his judgement, who in turn employ devs and designers and provided me with help. I am not worried about posting my identity online because I know this project has the resources to succeed. I am so grateful for the community’s support. Even the trolls and critics.
Positron Command Center
In order to keep its investors updated the Positron Development Team, has created a web platform where they can see all stats across exchanges, download links and all real-time data regarding PosiTRON. It is a really useful tool for Positron investors. Also, they can see the RICH List (Top Positron Holders) so people can see if the distribution ifs fair. And the truth is that, it is very fair distributed, nobody owns over 10% and number #1 has 6% which is fair enough.
Here is the link to Positron Command Center:
Compass Project & Positron Technologies, LLC
Mr. Dave McEnery Jr., the Lead Developer of Positron , has decided to make Positron a true company and run it as a company, as it promised that Positron it is inspired my capitalist models and want to provide it’s investors a safe-heaven for their investment by creating a company, a real and tangible investment. They aren’t investing in just another “cryptocurrency” they are investing in Positron Technologies, LLC. Positron Technologies is currently being registered in Colorado by an attorney and the process should be done by May 15th. They are already registered with the IRS and will keep close track of finances and expenses, and work within the bounds of all current U.S. regulations pertaining to cryptocurrencies.
By that the investors now can claim a chair in the Director Board of Positron Technologies if they have over 6,720 TRON or approximately 0.42% of total supply. If you hold that much amount you can complete the following form: http://goo.gl/forms/sAfIamSA6R .
More information on Director status will be released as Positron develops. If you qualify for Director status, and are interested in supporting the project, please contact Positron Technologies.
You can also find out more about Compass Project by accessing their whitepaper regarding it at the following link: https://positroncrypto.com/PositronTechnologies-OfficialCompassUpdate-5.3.15.pdf.
Social Media & Links
Official Website: https://positroncrypto.com/
Official Twitter: @PositronCrypto
BitcoinTalk Thread: https://bitcointalk.org/
Past Algorithm: SHA256 (PoW Period Ended)
Current Algorithm: Dynamic Proof-Of-Stake
Total Current Mint: 1,618,733 TRON
Min Stake Age – 6 Hours
Max Stake Age – 24 Hours