BlackHat coin

• What is BlackHat Coin?

BlackHat Coin is a private cryptocurrency that combines PoS consensus and a zero-knowledge proof system to provide fully anonymous transactions for its users. Wallet holders using BlackHat Coin can, therefore, enjoy full privacy regarding their balance and spending.

It operates using a proof-of-stake system, so users who keep coins in their wallets automatically become part of the mining process with no need for specialized equipment (even with the option of “cold staking”).

Users can choose to set up MasterNodes, which will involve them in the governance of BlackHat Coin. This includes the right to vote on the private cryptocurrency’s direction and approve community-funded projects. MasterNode ownership and voting are protected by the privacy layer and therefore anonymous.

• How Does BlackHat Coin Work?

There will be 21m BlackHat Coin (BLKC). The network has a maximum TPS of 173, with the average block mining time around 1 minute. A portion of coins in each super block mined can be allocated to the community treasury.

On June 2022 the bridge to BLKC Token (BEP20) was launched and BLKC token already supported on several DEXs (PancakeSwap, SushiSwap, 1Inch etc). According the project’s RoadMap next bridge will be released on 15 of September 2022 to Ethereum network (ERC20).

• How to Stake BlackHat Coin: A Step-By-Step Guide

Create a wallet to store currency (PC (Windows, MacOS, Linux), Web wallet or even Telegram bot). Purchase BlackHat Coin via one of the exchanges listed on its site Either stake using PoS with the coins in your wallet (remember each wallet has its own rules) or run a Masternode.

Earn mining rewards – 40% of rewards go to PoS users and 60% goes to MasterNode operators from each block. As a PoS private cryptocurrency, it’s much more efficient than many proof-of-work currencies that were set up in the early days of zero-knowledge-proof private cryptocurrencies. Being able to passively and anonymously earn rewards through a PoS will also appeal to many cautious investors.

• Business and BlackHat Merchant system

We are not just talking about business and the possibility of using anonymous transactions. The fact is that the BlackHat team has already released two updates: checks and the Merchant system, which provide a full-fledged opportunity to use BLKC as a means of payment in online stores (API) or through a personal account on the blackhatco.in website.

• What Makes BlackHat Coin Unique?

The BlackHat team has embarked on the path of protecting one of the basic human rights – privacy. We need to keep in mind all main aims of the Project: – to make crypto easy for anyone (PoS is well known as eco-mining); – to build strong decentralized self-governed community (DAO); – mass adoption: to be not just a trading asset, but also a payment method in any store willing accept payments in secure way; – to provide instant and secure transactions all over the world.