MINING COINS - CRYPTOGRAPHY
JSE IS A CRYPTOCURRENCY THAT IS MINED THROUGH A BROWSER
We have secp256k1 elliptical curve ECDSA working server and client side in the browser. This allows users to digitally sign transactions.
free registration https://tinyurl.com/ybl5777h
For hashing we use the standard SHA256 algorithm. When available we use the browsers inbuilt methods Crypto.Subtle API as this offers near native performance. On older browsers there is a fallback SHA256 function. The SHA256 algorithm takes data of any length or size and produces a unique code string for it which is always the same length.
When searching for hashes we change the data by just one digit and it calculates a completely different string of alphanumeric letters. Our miners do this calculation over and over again looking for the lowest possible value string which will have leading zeros.
HOW DOES THE HASHING PROCESS WORK?
SIMPLIFYING USER ADOPTION AND MINING THROUGH A BROWSER
Phase 1
Transaction data is setup on the platform and sent to client web browser
Phase 2
Data is signed from within the browser using ECDSA Cryptography (secp256k1)
Phase 3
Transaction is verified by the node and pushed to the current block
WEB BROWSER MINING OVERVIEW
WHY ENABLE WEB BROWSER MINING CAPABILITIES?
We use a similar approach to Google Adsense and other analytical or advertisement platforms - where a webmaster embeds an external javascript file into their website.
A minimal amount of a visitors CPU is used to then mine JSE Coins (less than 10% - no more than having a video snippet included on a page). The more visitors you have the more your community of users are pooled together to improve the amount that is mined.