ASIC-resistant Cryptocoin Provides Fast and Secure Stealth Transactions with Electrum-EXE Stealth Wallet

TORONTO, July 22, 2014 /PRNewswire/ -- Execoin is an ASIC-resistant Bitcoin-derived cryptocurrency designed for fast and secure stealth transactions. Execoin features the first open-source Electrum wallet with stealth addresses technology. Open-source guarantees confidence and security for merchants and users of Electrum-EXE. The code can be easily audited in order to make sure that there are no security vulnerabilities or intentional backdoors. The integration of Electrum wallet and stealth payments for Execoin provides unique features. It offers more security, reliability, and convenience for payment transactions. The DGW block difficulty retarget algorithm used in Execoin is up to 50 times faster than KGW, solves vulnerability flaws in KGW, and is much more responsive. This helps to mitigate multipool issues more effectively. Equipped with a wide selection of advanced "light" wallets, and widely accepted by merchants, Execoin is a currency with a bright future. It is a perfect choice for users, merchants, investors, and miners.

Why are Execoin's stealth transactions in high demand?

"Stealth payments" allows one to accept execoins using a public coin address while preventing anyone else from knowing your transaction history. With stealth technology, the recipient's information is securely protected with a secret key so that only the person involved in the transaction can view and track it. Unlike Bitcoin transactions, Execoin's Stealth addresses technology guarantees privacy for the receiver while maintaining the highest security of the transaction!

What advantages does the Execoin stealth technology give to users and merchants?

Electrum-EXE Stealth wallet is a unique feature of Execoin, it allows merchants to keep their privacy while still receiving Execoin payments. In addition, it provides the highest level of security and protection from accidental data loss. It's ready to use immediately after launch, so you don't need to wait, and can perform stealth payments immediately. Merchants can easily add Execoin support to their payment systems using coinpayments.net. Together with Execoin's extremely fast transactions, this makes EXE a perfect payment tool for everyday payments.

Fast transactions make a difference

Execoin has been designed as a fast crypto currency. Shorter block confirmation time means faster transaction confirmation for payments and transfers. This is a key factor for a coin that is intended to be used as an everyday payment method.  Execoin's transactions are blazing fast compared to other cryptocoins, no more annoying delays.

Why is Execoin a wise investment?

Initially designed to fight scrypt-ASICs, Execoin is a very profitable option for investors now, when it's still undervalued, and ASICs have just begun to spread. Reinforced with Stealth technology and unique open-source Electrum wallet with stealth payments, Execoin is in higher demand than ever before. The upcoming update will greatly increase its attractiveness for both investors and miners. Execoin is getting a new dynamic block reward system, more sophisticated than the current one. This system will turn EXE into a truly rare coin; it will mitigate any possible inflation, and increase Execoin's value week by week!

Website: http://www.execoin.net

Contact:
Normand Bouchard, +17052209196

SOURCE Execoin