MIR COIN Whitepaper

INTRODUCTION-Background of MIR COIN
Numerous crypto-currencies have been emerged after Bitcoin had been emerged in 2009. Today, there are over thousands of registered crypto-currencies. While there are Bitcoin and Ethereum that are known to many people, most crypto-currencies have been vanished. One of the reasons for this is that it is important to focus on impossible fancy technical aspect which is not performed at present, not consider practical aspect. It is hard to find crypto-currency which makes progress and distributes with the function of crypto-currency by establishing organic ecosystem. Why does it happen? Who decides life or crypto-currency? Many questions appear. We conclude the answer to the questions as follow. Background of MIR COIN largely divides into three reasons.

1. The necessity of upgraded new crypto-currency
MIRCOIN is technically similar to BitCoin as it was developed with BitCoin centered. However, it has differentiated itself as it was developed with a goal of better encryption money to overcome the disadvantages of BirCoin. BitCoin is a code algorithm based on SHA-256 base, but MirCoin maximizes the efficiency of mining by using an algorithm called Script, and the existing BitCoin is generated every 10 minutes.

Based on this, it is completely complementary to hacking and will respond more strongly to mass transactions. It was also designed to be mined for a long period of time due to heat output that is 30 percent higher than the existing nose hole. This will result in the creation of the 3rd generation block chain MIR COIN.

2. The necessity of common multi-wallet suitable for crypto-currency actual trading Not only synchronized wallet but also common multi-wallet which is designed to be suitable for user are needed for crypto-currency transaction. there are a lot of opinions on the existing crypto-currency which is difficult to use because of ①low transaction speed, ②expensive fees, ③fluctuations in value. MIR COIN serves common multi-wallet with adding the function of token to overcome these.

MIR Coin