Crust Network (CRU)

What is Crust Network Crypto Currency? Crust Network (CRU) is a decentralized cryptocurrency that has been designed to address both the scalability and Confidentiality issues that plague blockchains today. Founded by Dystopia Labs, the Crust Network is an attempt to create a blockchain that can scale to millions of transactions per second. It uses an Elliptic Curve Cryptography algorithm, which is renowned for its faster transaction speeds. By using a secure virtual machine (VM) and a decentralized developer environment that allows developers to build their own applications, the network is designed to serve as an efficient and secure payment system. Who founded it? The founding team of Crust Network was created by Dystopia Labs, a blockchain development startup based in San Francisco, California. Founded by veteran blockchain developers Jan Xie and CTO Jehan Tremback, they have created a team of dedicated professionals who have come together to create this revolutionary platform. The founding team includes tech veterans and experienced blockchain developers, including Robert Mao (on the Board of Directors), Julia Kravtsova (Chief Scientist), Cassidy Zhang (Lead Developer) and more. What Makes it Unique? There are a few characteristics of the Crust Network that make it stand out from other cryptocurrency projects. These include: 1. High Scalability: One of the major challenges faced by the existing blockchains is their scalability challenges. With Crust Network’s Elliptic Curve Cryptography, the chain is designed to be able to handle millions of transactions per second. 2. High Security: The network is designed in a manner that ensures it is resistant to common 51% attack or “selfish mining” by ensuring that miners are paid a fair amount for their work. 3. Efficiency: The Crust Network has a unique consensus algorithm that ensures transaction times are kept to a minimum. 4. Developer-Friendly Interface: The platform is designed to be user-friendly, with an easy to use virtual machine and decentralized developer environment that allows developers to build their own applications with ease. Where Does It Used? The Crust Network is designed to be used as an efficient way to send value across the globe. It can be used for everything from buying and selling goods, to sending remittances, to making online payments for services. Where to Buy/Sell It? Crust Network is currently listed on a number of cryptocurrency exchanges, including Huobi Global, BW.COM, and Exrates. The native cryptocurrency of the platform, CRU, can be bought and sold using other cryptocurrencies such as Bitcoin and Ethereum.