SIGNATUM is a revolutionary, privacy oriented crypto-coin using the new Skunkash Raptor algorithm. There is no Premine, there is no ICO and there is no dev fee.
Signatum started out as a pure Proof of Work and will remain so until 30,000 block turning into a Hybrid Proof of Work and Proof of Stake from 30,000+ to 98,500 block and turns into a pure Proof of Stake coin after that.
What has created the buzz is the support this coin got from the community and the fact that it is designed to be ASIC mining resistant. This meant that individuals with a decent GPU could join the mining using a pool.
Signatum uses 4 different algorithms, Skein, CubeHash, GOST, Fugue, and adds the Tor nodes. Although I do not understand a single piece of this sentence, reading up on forums and site seems to indicate that this particular combination may be a big deal for those who care for privacy.
Signatum’s roadmap includes creating a marketplace, operating an exchange, start Signatum Pay for merchants and a crowdfunding platform.
**As of this morning, 28,000th block has started and that means that proof of work will end in less than 2000 blocks, at which point the rewards will halve from 2500 to 1250. This should make the coin even more dearer than what it has become in past week or so.
Looking at the trend in price of coins that focus on privacy, if Signatum succeeds to capture even 10% of the price of Monero or Dash, it could be worth something. At the time of writing, Signatum is trading at 13+ cents.
As my followers will vouch, I do not write articles to hype the price of any projects, I only write about things that I think are worthy and when I screw up - I say so (for instance in Monkey Capital’s case).
Read the whitepaper, spend some time in community and decide for yourself if you think this project is worthy.
Opinion. Not an advice.