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2017 has been the year of cryptocurrencies.
In 12 months, the market has grown from $14 billion to the astounding valuation of $500 billion.
A staggering 3571% growth.
While the king of cryptocurrencies is still the well-known Bitcoin, which makes up for around 55% of the whole market, new coins and blockchains are being created every day.
Among the 1300+ cryptocurrencies now available, there is one sleeping giant: Pura.
The founders share Bitcoin’s vision: democratic, decentralized, peer-to-peer currencies to disrupt the corrupt financial system.
So, they decided to merge this vision with Dash technical solution, creating Pura.
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”
(R. Buckminster Fuller)
As described in the whitepaper, Pura is a self-funded, self-governed, private, instant and secure cryptocurrency, with democratically-decided blockchain-transparent social contribution executed without a central authority.
The network includes budgets for social and market development, as well as a three-tier network and improved mining difficulty adjustment for better distribution and growth.
What makes Pura frictionless is the perfect implementation of masternodes run by users.
The latter are rewarded for their mining and validation efforts 24/7, ensuring network reliability, decentralization and democracy. Moreover, since a masternode requires only 100 thousand coins out of a total supply of 175 million, there are endless possibilities for emerging markets. There will always be coins for new entrants, which makes Pura a coiling spring.
Icing on the cake: the mining algorithm “DeltaDiff” ensures a 24-hour difficulty adjustment to never let down investors.
And still, the revolution is starting today with the introduction of Pura Aurora release.
Pura’s wallet will no longer require manual updates. This means two things:
- Improved user experience: the wallet is always up-to-date. No maintenance, no time-intensive manual updates, and no hard forks. Changes will be implemented seamlessly.
- Cross-platform compatibility: wallets installed on different platforms (i.e. Windows, Android, etc) will automatically sync after a successful transaction. Users will therefore be able to smoothly use Pura from whichever device they want.
Starting February 2018, the mobile wallet app will allow the simplest mining experience in the cryptocurrency market.
How? With a touch of a button.
Users can start mining as easily as pressing “Start” within the app, being even able to choose between 3 different rate profiles: low, medium, and high.
This upgrade not only enables reliable and simple mobile mining, which is an impressive feature per se, but also allows for great flexibility in the hashing rate.
Masternodes achieve incredible speed, security and democratization. Is it enough for Pura? Of course not.
In early 2018, Pura will release Common Nodes, requiring only 1000 PURA, and no need for specific web hosting just plug and play.
Pura claims to be a social-contribution project. And with Pura Planet, it is.
Users can automatically set a percentage of mining profits to be donated to environmental, social, and research cause of their choice.
Network AI-driven optimization
Last, probably the most amazing feature: the integration of machine learning technology into the new wallet.
The resulting AI is one of the lightest in the world, capable of running on low-power devices and mobile phones.
In the long term, the AI will achieve a robust network of self-organizing nodes, optimizing the speed of transactions.
The integration will happen as soon as Q2-Q3 2018.
The market has just started to appreciate Pura.
Thanks to its technical feats, one PURA coin is now priced at $0.7, for a total market capitalization (coin price multiplied by total coin supply) of $120 million.
The future is bright for Pura.
The future is bright for PURA and our Analysts expect a price of 10$ and above in the first half of 2018.