Swap is the first CryptoNote coin to integrate the Cuckaroo29s Cycle PoW for fair mining. The change brings the Swap network superior protection and stability. Cuckaroo29s hashing improves verification speed substantially making block propagation much faster.
What is the current main objective for Swap?
The main objective is to remain an ethical, useful, and fair crypto coin. For Swap, this includes robust privacy, ecosystem fairness, full transparency, secure blockchain, and ease of use.
With Swap you can expect no compromises with governance fees, no premine, and no BS.
Is MimbleWimble Cuckoo?
No, MimbleWimble is the protocol (like CryptoNote). Cuckoo is the original algorithm Cuckatoo and Cuckaroo are based on. Cuckatoo is the ASIC friendly algorithm and Cuckaroo is the GPU friendly algorithm.
Swap uses the CryptoNote protocol for transactions and a Cuckaroo variant for mining.
What makes Swap different from other CryptoNote coins?
We use Moneros way of handling transactions (BulletProof) and a Grin-like way of mining (Cuckaroo Cycle PoW).
Swap will stay close to Monero technology-wise while using a different PoW algorithm.Read More