CryptoBank is a set of cryptocurrencies, created on the basis of bitcoin and united on one platform, which is controlled by an independent community by voting on the CBMT platform. At the moment, CryptoBank includes four independent of each other Blockchains, each of which is fixed to the world’s finest currencies, such as the US dollar
The CryptoBank currency is an independent blockchain (cbd, cbe, cbr, cby) that contains individual coin release rules and mining algorithms, as well as a bitcoin core built on the original source code, with the ability to connect to each of the smart contracts.
That’s why CryptoBank also works as an ordinary bank, but it also keeps all the features of Blockchain technologies, such as decentralized transactions, full transparency, pseudo-anonymity, and only you act as a custodian of your funds, and if the network has already confirmed your transaction, then no one in your right to take your money.
Bitcoin’s mining algorithm for CryptoBank has also undergone many modifications in order to achieve many functions and advantages that are not available in other cryptocurrencies and traditional banks.
These modifications include such concepts as “authorized mining”