Cowrium

Introduction

Hello this time I will introduce a project called Cowrium which is a blockchain project developed to help Small and Medium Enterprises to easily adopt a comprehensive blockchain solution to better reach thousands of customers doing business through the SME industry. Cowrie Coins, which are the official digital currencies of the Cowrium platform, represent digital currencies that will effectively replace physical money. The aim is to increase adoption of blockchain technology through an easy-to-use platform. Cowrium uses a 2-Hop network. In the first hop, the miner identifies the block and records the transaction to the blockchain. Miners, of course, are rewarded with new coins being mined in return. Other hops consist of Masternodes which are hosted on a virtual private server (VPS). This is a special server that allows instant and personal transactions, budgeting and decentralized government.

Blockrium Cowrium Mining combines mining in the browser with Cellular Mining as a support system for CPU and GPU miners, allowing the level of Cowrium's passion to be truly decentralized, protected from 51% attacks and provides better benefits for web and cellular miners. Masternodes: Cowrium POS Masternodes is similar to Dash's, which provides an almost instant network and secures anonymous payments and transactions. Cowrium Blockchain allows CWR holders to get fixed rewards through betting, in return for their help to secure the network. With Mission To make the adoption of blockchain easier, faster and more profitable for small businesses & companies worldwide, and to make Cowrium / Cowrie a household name globally. And also supported by the Vision of being a project that is not just a blockchain that aims to develop existing economies, but is a completely new economic system that is being created on blockchain technology. As we know the first requirement to build a strong independent network like Cowrium is to provide liquidity and various ways for users to obtain and use Cowrie coins (CWR). With that aim, our team of talented and experienced developers work hard to build a unique economic system to make it easy for traders and users.

All devices in the system will be directly linked to the Cowrium Pay module, accessing which will require users to provide their unique identity. This will act as the Financial System of the entire economic system, allowing you to save, withdraw, make payments, lend CWR coins, link or request a Cowrium Pay Debit / Credit card for use with ATMs, POS Terminals or our Card Readers located throughout the world . The Cowrium Payment Module and Financial System will be supported by a separate entity from the Cowrium Foundation. Furthermore, to create a successful and independent economic system, the Cowrium Network will implement the Governance features, which have been found in several cryptocurrency, including Dash. This feature is designed to give certain rights to Masternode holders, including the ability to choose, fund or reject proposals submitted by community members, including but not limited to event sponsors, charities, developer gifts, and more. The crowdfunding feature will allow the community to raise funds for their media / event development projects and shows, without relying on third-party development teams.

Advantages

Cowrium has a Multicurrency Payment System that allows Merchants and Consumers to make / receive payments in any Coin through a special mobile and web application. Additionally Cowrium has the ability to allow block chain interoperability through Cowrium and Private Masternodes. Cowrium also gives ICO the ability to accept payments in Cryptocurrency of their choice. Cowrium also has a Smart Contract Library that implements a 2-hop protocol - Proof of Work vs. Proof of Stake - compared to traditional PoW (1-hop) for higher security and easier implementation. All almost instant Payments known as InstantSend technology, are designed an average of 0.5 seconds per transaction compared to Dash 1.3 seconds. Technology mixes your funds through the Masternodes network, making it almost impossible to trace the origin of funds. Private company contracts that can only be carried out by users who are willing to participate in the contract but can be verified publicly. Cowrium effectively resolves the problem of Mempool overloading from traditional blockchain by prioritizing transactions to prevent delays. Cowrium has Hyperblock Technology which provides higher performance & scalability by compressing transactions regularly, thereby reducing the size of the blockchain and ensuring less RAM / drive space requirements.

Cowrium Supports several cryptographic algorithms, signing & address via Polysig - Provides protection against quantum attacks. With Atomic Swap which is a smart contract feature that is activated in the Cowrium user wallet that allows the exchange between various cryptocurrency (coins) without a third party. Recurring & Scheduled Payments, a feature that allows users to schedule recurring payments or subscribe through their wallet. Additionally Cowrium organizes a Referral Rewards Program that allows customers and merchants to earn more by referring others to join the platform. Additionally the Merchant Loyalty Program Allows Merchants through their website / application to give back to Users, prizes in the form of Mined CWR coins. With Cowrium Masternode will provide security, speed, and anonymity that is needed for processing payments and digital transactions through the Cowrium network. The betting system of the Cowrium blockchain will allow existing CWR holders to get annual fixed income in the form of rewards, in return for their contribution to maintaining network security. In addition to VPN-based Masternodes, users can also engage in web and mobile CWR coin bets. The minimum guarantee amount to activate Masternode is 10,000CWR.

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