Today, cryptocurrencies are very famous, but there is an emerging group of cryptocurrencies that are known very little or simply not known at all and that is why today we are going to talk about JSEcoin (JSE).
How JSEcoin works
JSEcoin gives you privacy and security
JSEcoin seems to recognize the importance of privacy and intends for website owners to inform their end users that their website is monetized by encryption. Actually, this seems to be a built-in function, since the current script includes a banner near the bottom of the site that informs the visitor that the site is monetized using JSEcoin.
The real history of JSEcoin
JSEcoin was created in 2017 with the launch of the JSEcoin beta platform in August. The proof of concept was proposed in July 2017. The founders of JSEcoin are James Bachini, David Mallet, John Sim and Tracey Howard.
The founders of JSEcoin foresee a 2-year initial funding requirement of approximately 1 million pounds. This includes office rental, cloud computing, developers, advertising, accounting and other expenses.
Funding for the subsequent stage can be generated by listing in AIM as a public currency, providing data for ad exchanges and retaining a JSEcoin cryptocurrency amount for its own accounts.
How is the total distribution of JSEcoin?
The total distribution of JSEcoin will be from 10 to 100 million. Each of the co-founders retains 100,000 JSE and the company retains an additional 100,000. The total distribution will be established closer to its launch in 2018.
JSE can be obtained by either placing a script on a website or receiving credits for visitors who complete hashes or through traditional mining. However, JSEcoin initially disabled the user mining feature to allow its developers to catch up with the growing user base.
You can also get JSEcoin for free by registering here and then referring others.
What are the risks of JSEcoin?
The founders of JSEcoin foresee several potential risks. These include hackers, the risks associated with Bitcoin prices, citrus currency legislation, brand trust, liquidity and fraud.
To address these risks, JSEcoin has implemented several security measures. For example, multiple blockchains should help avoid double spending.
Finally, to prevent webmasters from modifying the code and creating high-power hashing hardware, it will be necessary to create algorithms to reward impressions and hashing.