What Is Zurcoin (ZUR)?
Zurcoin is a cryptocurrency that is also called a Bitcoin fork installed on the Quark algorithm. Zurcoin is Proof-of-work based and mines on the Quark algorithm. Quark alorithm employs nine different hashes (formula combinations) to mine a single block of Zurcoin .
Since Zurcoin is a Quark-based cryptocurrency, hence, the mining process is entirely different. Zurcoin mining produces a new ZUR coin by connecting a hardware device to the Zurcoin blockchain. Zurcoin uses two keys to identify how the transactions are recorded on the network-public and private keys. The difference between these keys is like a mailing address, and a physical key that unlocks the mailbox inside mail is deposited.
The public key shows the destination where ZUR is sent and is also known as Zurcoin addresses. Public key is 34 characters long and begins with the letter "U" or "V".
Also, the private key is uniquely paired with the public key, which allows the holders to use the wallet address linked to the Public Key and access the coins inside it.
Another important component of the Zurcoin ecosystem is the Transaction ID. A transaction ID is issued by the miner who approves a user's Zurcoin transaction and sends it to the blockchain.
The core team of Zurcoin has created concepts such as DeFi, NFTs, and other leading blockchain value innovations such as swift centralized exchange software installed with original, custom-designed trading features.
Features of ZUR
Clean -Zurcoin uses less hash power because of Quark's algorithm; hence it is more eco-friendly. Hash power is the ability of acomputer or hardware to perform and solve various hashing algorithms.
Fast -Zurcoin is fast because of the intensive nature of many algorithms mining a higher number of hashes.
History of Zurcoin(ZUR)
Zurcoin was launched on December 30, 2013 by developer Shai Weinstein.
