lanacoin.com Scam Check: 100/100 Trust | ScamMinder

This website appears legitimate based on AI analysis.

Lanacoin is a cryptocurrency that operates on blockchain technology. It has a total supply of 7,506,000,000 coins, with 3,363,844,289 coins currently in circulation (at the time of the post). The current price of Lanacoin is approximately $0.0005136 per coin in USD terms (at the time of the post). Lanacoin's value can be volatile, so it's important to be cautious when considering investment or trading. Lanacoin's blockchain parameters are fully packed with attributes surrounding the birthday time and date of a person named Lana. The project started as a unique birthday present with no false promises or roadmap deadlines on development. The only promise made was that the development of services around the Lanacoin blockchain would be done in the near future and rolled out in steps. Lanacoin is a hybrid proof of work/proof of stake open blockchain using the SHA256 hashing algorithm. Proof of work miners are rewarded with newly created Lanas for securing the blockchain, while the Lana community is rewarded for staking their Lanas and competing for stake blocks. Finders/stakers of proof of stake blocks are rewarded with a fixed Lana amount of 1000 Lanas plus a 7% annual stake reward. The proof of stake reward will be halved at a certain block height, and the last proof of work block is set at another block height. The total supply of Lanas in existence is capped at 7.506 billion, making it theoretically possible for every living soul on the planet to own at least 1 Lana. The roadmap ahead includes the release of serverless SPV mobile wallets for Android and iOS, a remake of the Lanacoin website and public forum announcement, more strategic partnerships with wallet providers and service vendors, point of sale integration, and micro payments and tipping plugins. Lanacoin's coin launch details include being an open and fairly launched cryptocurrency with a native open public blockchain. It had a network launch in May 2016, with zero premine and zero instamine. There was no ICO or crowdfunding, and it operates as a fully open source and permissionless public ledger. Lanacoin is listed on various exchanges, including SLEX.io, Bololex.com, XEGGEX.com, NonKYC.io, Exchange-Assets.com, FreiExchange.com, and ATAIX.com. Its price and trading information can be found on platforms like Coinpaprika. It's important to conduct thorough research and consider the risks before investing in or trading any cryptocurrency, including Lanacoin. Cryptocurrencies can be highly volatile and speculative, and their values can fluctuate significantly. Additionally, the cryptocurrency market is relatively young and can be influenced by various factors, including regulatory changes, technological developments, and market sentiment."

• Blockchain-based cryptocurrency, Total supply of 7,506,000,000 coins, Current circulation of 3,363,844,289 coins, Volatile value, Hybrid proof of work/proof of stake open blockchain, Uses SHA256 hashing algorithm, Proof of work miners rewarded with newly created Lanas, Lana community rewarded for staking Lanas, Finders/stakers of proof of stake blocks rewarded with fixed Lana amount and 7% annual stake reward, Proof of stake reward halving at certain block height, Last proof of work block set at another block height, Total supply theoretically allows every living soul on the planet to own at least 1 Lana, Roadmap includes release of serverless SPV mobile wallets for Android and iOS, Remake of Lanacoin website and public forum announcement, More strategic partnerships with wallet providers and service vendors, Point of sale integration, Micro payments and tipping plugins, Open and fairly launched cryptocurrency with native open public blockchain, Network launch in May 2016, Zero premine and zero instamine, No ICO or crowdfunding, Fully open source and permissionless public ledger, Listed on various exchanges including SLEX.io, Bololex.com, XEGGEX.com, NonKYC.io, Exchange-Assets.com, FreiExchange.com, and ATAIX.com, Price and trading information available on platforms like Coinpaprika, Cryptocurrency market is highly volatile and speculative, Values can fluctuate significantly, Market influenced by regulatory changes, technological developments, and market sentiment