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Spectrecoin

Spectrecoin

About Spectrecoin

Spectrecoin (XSPEC) describes itself as a privacy-focused cryptocurrency that features an energy-efficient proof-of-stake algorithm that provides rapid transaction confirmations, ring signatures for privacy and anonymity, and a fully integrated Tor+OBFS4 layer for IP obfuscation within the wallet. On 17 May 2019, the team implemented the Spectrecoin V3 hard-fork to activate “Proof-of-Anonymous-Stake” (PoAS), or ‘Stealth Staking‘. Anonymous staking is now live. According to the team, Spectrecoin is actively developed, with a roadmap that prioritizes privacy, security, and decentralization, with features such as default stealth addresses, stealth staking, and low-power mobile wallet staking in the upcoming Android wallet.

How do I buy cryptocurrency?

While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.

Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.

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