Masari Stocks, USD price, market cap
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Masari (MSR) is a privacy-focused, open-source, decentralized cryptocurrency that was launched in 2017. Masari is based on the CryptoNote protocol and is a fork of Monero. It is designed to be a secure, untraceable, and fungible digital currency. Masari uses the same technology as Monero to ensure privacy and anonymity, but it has a few additional features that make it unique.
Masari is a Proof-of-Work (PoW) coin, which means it is mined using the CryptoNight-R algorithm. This algorithm is designed to be ASIC-resistant, meaning that it is difficult for specialized hardware to be used to mine the coin. This helps to keep the network secure and also allows for more distributed mining.
Masari has a few features that make it stand out from other cryptocurrencies. One of these features is its scalability. Masari is designed to be able to handle large amounts of transactions without compromising on speed or security. This is achieved by using a block size of 2MB and a block time of 60 seconds. This allows for faster and more secure transactions than other coins.
Additionally, Masari has a built-in treasury system. This system is designed to help fund development and other activities related to the coin. The treasury system is funded by a portion of the block reward and is used to pay for things like marketing, development, and other initiatives.
Masari also has an innovative system called “RingCT”. This system is designed to help ensure that the transactions on the network are completely anonymous. It works by mixing the inputs and outputs of the transactions in a way that makes it impossible to determine the origin or destination of the funds.
Finally, Masari has a unique reward system. The reward for mining Masari is split between the miners and the treasury system. This allows for more funds to be put towards development and other initiatives, while still providing miners with a reward for their work.
Overall, Masari is an innovative and secure cryptocurrency that is designed to provide privacy and scalability. It has a unique reward system and treasury system that help to fund development and other initiatives. Masari is a great choice for those looking for a secure and private digital currency.