MARSCOIN

On Mars, early colonists will continue to mine Marscoin. Because Marscoin is derived from Litecoin, its frequent confirmations (2.5 minutes) and script hashing algorithm will make it convenient and secure. There will be no need for expensive and costly mining machinery to keep the network running. Also, proposals exist that could add extra layers of security on Marscoin to prevent possible Earth-side interference with the blockchain on Mars (due to the distance there, it is relatively easy to protect Marscoin from Earth). Eventually, we can envision exchanges that will allow money conversion from Bitcoin (Earthcoin) to Marscoin on Mars and Earth. Marscoin is a project that involves a high amount of risk - it's a labor of love and a global experiment in distributed collaboration for space colonization. Take a look for our roadmap and design ideas as well. We believe that network effects make it nearly impossible for other coins beside Bitcoin to become global reserve currency networks..

Also known as: Marscoin Foundation, Marscoin Foundation, Inc, The Marscoin Foundation LLC

Primary location: Tampa United States