Public Crypto currency

0 votes

I am planning to create new Crypto currency for public issue (ICO) using Multichain it is possible ? And there is any api for to connect multichain network? with out ip address like BitcoinJ
asked Jul 13, 2017 by sankarganesh86

1 Answer

+1 vote
In theory you can use MultiChain for a cryptocurrency, but if you're using open block mining, this means your chain will be secured by proof-of-work. You should be aware that MultiChain uses the same proof-of-work scheme as the bitcoin network, so a small proportion of the bitcoin mining power can be used to attack your chain.

As for an API to connect to a MultiChain network, I'm not sure what you're asking, because you could create your own API for your network if you wish.
answered Jul 13, 2017 by MultiChain