
BOPU
ASIC-resistant cryptocurrency mining with masternode capabilities.
Date | Investors | Amount | Round |
---|---|---|---|
$20.0m | Growth Equity VC | ||
Total Funding | 000k |
BopuCoin is a cryptocurrency described as an enhanced version of Bitcoin and Dash. The project's business plan focuses on the open expansion, testing, and construction of blockchain technology.
A key technical feature of BopuCoin is its use of the x16r algorithm for its Proof-of-Work (POW) consensus mechanism. This algorithm was chosen specifically to resist and prevent mining by Application-Specific Integrated Circuit (ASIC) hardware, aiming to keep mining decentralized and accessible to users with more common hardware. In addition to its POW model, BopuCoin also incorporates a Masternode system, similar to Dash.
Keywords: BopuCoin, x16r algorithm, Proof-of-Work, POW, Masternode, cryptocurrency, blockchain technology, ASIC resistant, crypto mining, decentralized currency