Last Update: 2015-01-28 07:30 UTC
Crypti is a decentralised crypto-currency designed from the ground up and written in lightweight Node.JS. It uses a combination of proof-of-stake algorithms - proof-of-purchase (purchases effected since the last completed block), proof-of-time (uptime of the node) and proof-of-identity (real-life validation of the merchant's address). Crypti uses Ed25519, a high-performance and high-security encryption algorithm. Of the 100 million coins in existence, about 80% were sold to public in a pre-sale while the remainder was retained by the coin's creators for development purposes. Original announcement.