HTML Coin was developed in 2014 to build strong network of users, create robust apps for goods & services, spread awareness about cryptocurrency through charity, and facilitate a healthy decentralize monetary environment for all and to provide a stable system to with withstand the demands of the entire altcoin community.
The new HTMLCOIN (HTML5) was developed using a Bitcoin and Ethereum hybrid blockchain technology which integrates Bitcoin Core, Proof-of-Stake (PoS) and the Ethereum Virtual Machine (EVM). HTMLcoin claims to have improved their coin exponentially making it a very dynamic and decentralized currency with the ultimate purpose of being used in different industries around the world.
Features of HTML Coin
Enhanced Hash Rate Compensation:
Adjusts every 120 blocks but with short, medium and long block time samples to average out the adjust and apply 25% damping to the result.
Hybrid Codebase
Uses both the Bitcoin and Ethereum codebase, this combines Bitcoin with EVM (Ethereum Virtual Machines).
Smart Contracts:
Protocol to facilitate, verify or enforce negotiation or performance of a contract.
Easy Payment Verification:
Execute smart contracts from lite wallets.
Dapps:
Distributed computing network to create smart contracts and fully fledged complex EVM applications, to greatly extend the network’s capabilities.
Account Abstraction Layer:
Extension to Bitcoins ‘Script’ languages which sits between the blockchain and EVM to allow decentralized applications and smart contracts to run in environments that were not possible before.
In mining Html Coin, anyone could find a new block using their computer’s CPU/GPU. As more and more people started mining, the difficulty of finding new blocks increases greatly to the point where the only cost-effective method of mining today is using specialized hardware.
Anybody can become an htmlcoin miner by running software with specialized hardware. Mining software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions.
HTML Coin miners perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created Html Coins issued into existence according to a fixed formula.
HTML Coin uses NeoScrypt, a more advanced version of Percival’s Scrypt addressing numerous disadvantages with current techniques. ASIC resistant based on X15 POW + POS. The new HTML Coin network will to be able to create smart contracts and other more fully fledged complex EVM apps.
Account Abstraction Layer is a Qtum’s extension to Bitcoins ‘Script’ language, sits between the blockchain and EVM and allows decentralised applications and smart contracts to run in more robust environments.
Future of HTML Coin
HTML Coin team has future plans to build a freelancers' platform on the blockchain, develop platform based medical devices with new technologies, develop crowdfunding platform to help innovative people kick start their product or service and an E-learning platform for segregated and vulnerable minorities.
A great piece that sheds much needed light on some of the great theoretical/ideological debates in the contemporary crypto space. At CleanApp Foundation, we appreciate the emphasis on pragmatism, and emphasis on Blockchain/DTL/Crypto projects that offer real social utility. Looking forward to engaging more with your crew!
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