Technology : Indian crypto coin | Gandercoin- Decentralised Cryptocurrency

Technology

A peer-to-peer open source digital currency for the coming web

India’s First Crypto Coin, GanderCoin, is designed to revolutionize the crypto payment industry. It is a modernistic peer-to-peer-based digital currency.

GanderCoin is developed with the safest hash function called Scrypt Algorithm for a higher level of security. This password-based function helps crypto data remain safe, secured, and locked for others.

It uses an append-only data structure, which means new transactions and data can be added but not deleted. This operation creates a permanent record of data and transactions between parties.

After a transaction is validated and accepted by the network, miners move to the next block.

Build With Best Technology

GanderCoin is backed by Scrypt Algorithm for a safer, secured and energy efficient ecosystem. Our programmers have intended to design Gander Cryptography Coin; the Gander blocks ecosystem. We have utilized the programming language of C++ using C++ Editor and the Algorithm of Scrypt to generate the GanderCoin Hash Function.

Transaction costs on Scrypt currencies' blockchains are typically cheaper than those on other coins' blockchains. It is four times faster to mine Scrypt than to mine Bitcoin.

Chains For Faster Transaction

GanderCoin, a network that can handle millions to billions of transactions per second, enables immediate micropayments by enabling extraordinarily low transaction and settlement fees of blockchain.

Groundbreaking Technology

GanderCoin is created as a countermeasure to the concentration of cryptocurrency mining that has resulted from the rising dominance of ASIC mining platforms.

A Better Secure Model

GanderCoin uses secure cryptography by using validators to make transactions generally irreversible. Distributed Network over the world keep track of all the transactions of ecosystem. The lack of permission feature keeps GanderCoin fairly and securely open for everyone.

Lightning Speed

GanderCoin has capability to store data with high speed and verify cryptocurrencies transactions swiftly due to its Scrypt Algorithm mining process.

It can process large numbers of transactions instantly and mine network blocks immediately. It is extensively used to validate currency conversions quickly worldwide.

Peer-to-Peer Transaction

The GanderCoin network protocol allows peers to maintain a Peer-to-Peer Network for block and transaction exchange collaboratively.

P2P network is the key component of GanderCoin, which enables direct digital currency exchange.

Each of its nodes has permission to conduct cryptocurrency transactions everywhere.

Transparency Is Our First Motto

Despite the technology being very private, the blockchain network delivers unparalleled transparency in the case of its completely auditable and accurate record of transactions. All website transactions are irrevocable, meaning that after the network has authenticated the data, it cannot be altered, modified, or deleted.