There is a completely independent network for Counos Coin. The coin has a SCRYPT-based algorithm. The peer-to-peer network is comparable to the ones used for POS and POA. The cap is the mining capacity of 21 Billions coins. A total of 16.8 billion units have been mined since the coin was introduced. There is a residual amount up to the cap that can be independently mined. The purpose of Counos coin is to provide the highest standards from a reliability perspective for financial transactions and payments worldwide and Counos coin will be an offical currency of Counos Land in Metaverse. The unit can be used to buy gold from online sellers. Users are able to purchase and receive Counos Coin from the community, agencies that offer exchange services. The legal ownership of the coin remains with the users until the time of the transaction. 150000 units of Counos Coins will be rewarded for every block mined in the Counos coin network.
