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SIBCoin (abbreviated as SIB currency, Chinese name Siberia gold coin) is a people's cryptocurrency in the center of Syberia. It uses an encryption algorithm developed by Russian cryptographers to replace Dash, so SIBCoin is considered to be closer to the "people".
The SIBCoin network was launched in 2015. The Dash blockchain whose code has been improved by project experts. The unique hashing algorithm Stribog makes SIBCoin ASIC resistant, ensuring a highly decentralized network and profitable mining. Apps and partner programs make SIBcoin a real cryptocurrency for people.
As an introduction to "altcoins", sibcoin is aimed at both professional traders and novices, especially those who are wary of Bitcoin. It uses an encryption algorithm developed by Russian cryptography experts that is superior to Dash and is believed to be closer to the "people".
Global Access
Send and receive payments worldwide.
FAST
Thanks to InstantX, third parties receive payments instantly.
Low Fees
Much lower than bank or credit card charges, and often free.
Security
Complete security with 2-tier networking and advanced encryption.
Decentralized
Runs using peer-to-peer technology with no central authority or bank.
Private
Thanks to Darksend, no one will be able to track your payments.
Mining
The emission of coins is decentralized and limited in quantity and time. New coins are randomly distributed among users who use computer hardware to perform mathematical calculations to confirm transactions and secure the network.
You can use a graphics processing unit (GPU) or a central processing unit (CPU) to join and release new coins.