InsaneCoin (INSN)

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Description

October 2020: InsaneCoin (INSN) is a cryptocurrency that was launched in 2013 as a proof-of-work (PoW) coin. It is a decentralized, open source currency designed for micropayments and focused primarily on privacy and anonymity. The project was founded by Cryptoking, a pseudonym for an anonymous group of developers who set out to build a cryptocurrency that would offer a lower barrier of entry and a fast transaction speed, as well as strong privacy and anonymity features not found in many other coins. What sets InsaneCoin apart from other coins is its unique transaction algorithm. This algorithm is designed to ensure that transactions cannot be reversed and to prevent double-spending. Additionally, transactions initiated with InsaneCoin are much faster than transactions with Bitcoin and other cryptocurrencies, allowing for a frictionless experience when making payments. Furthermore, the developers have implemented a unique "quantum-resistant" encryption system, allowing users to securely store their holdings and make transactions. InsaneCoin can be used to purchase goods and services online, with the platform's merchant base growing steadily. Additionally, users can purchase and trade INSN on various cryptocurrency exchanges, including Cryptopia, Livecoin, and Yobit. Overall, InsaneCoin is a promising project with strong privacy and security features and a low barrier of entry. Its developers have put in effort to ensure the project’s scalability and reliability, and the project has seen steady growth since its launch. Plus, with its ultra-fast transaction speed, it should eventually become a preferred currency for micropayments. Nefarious_Nick: Amazing article! I’m really interested in this project and really glad to have a better understanding of what InsaneCoin is! Simon_Excellent_Finance: I own some INSN and was looking for more information, so thank you for this article. I'm interested to see how far this project goes!