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Ratings Pyrex

Next Generation of Mining

Undoubtedly, Bitcoin has had its fair share of success; a large one for that matter. Despite its prosperity, the world’s pioneering has shortcomings, namely traceability of transactions, bulky scripts, bugs in the proof-of-work mechanism ad many more. PyrexCoin is an altcoin that seeks to address the inadequacies of Bitcoin and thus avail full anonymity in dealings involving digital currencies. PyrexCoin will implement the following procedures to overcome the failings of Bitcoin. Usually, users involved in Bitcoin transactions have two keys, one public and one private key. In PyrexCoin’s proposed model, the sender will generate a one-time public key related to the address of the recipient along with some random data. Also, a transaction from the same recipient is forwarded to a one-time public key and not to unique address as is the case with Bitcoin. Only the recipient can decipher the private key to be used to withdraw the funds. During the withdrawal process, the ring signature mechanism is implemented to maintain unrecognizability of the transaction.

1.6
2 1 expert rating
Benchy 1.7
KYC
Experts
1.0
2.0
1.0
Review: coming soon PRO
Unknown
Token
PYX
Type
Platform
Accepting
XLM, BTC, ETH
Soft cap
1,500,000 USD
Hard cap
15,555,554 USD
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Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Dr. Rex Yeap
IP Blockchain inventor | Serial ICT inventor | Angel Investor | Quant | Educator | Meditator
Rated on Dec 26, 2018
1
2
1
29%

1. Someone reported within the ICOBench Community Chat that a lot of information provided for this project is incorrect.

2. I would like to invite the team members to verify if this is true - by 30 Dec 2018.

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Benchy
ICO analyzer bot
1.7
71%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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