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Cryptocurrencies
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SnowGem is an mPoW (Masternode Proof of Work) privacy cryptocurrency based on the Bitcoin and Zcash protocols. Instead of reinventing the wheel, SnowGem forked from Zcash, the privacy coin of the first zk-SNARK, to ensure that privacy was a top priority when building the project. Adding Masternodes on the SnowGem network provides passive token generation and an additional layer of protection, making it nearly impossible to conduct a 51% attack or any other malicious attack on the network. We have built a privacy-centric foundation, and SnowGem will continue to pioneer in this environment, bringing value and innovation into space.
There are many products and services that SnowGem has to offer. SnowPay is our crypto prepaid debit card issued by Mastercard™ that converts cryptocurrency into cash, allowing users to spend their funds anywhere Mastercard™ is accepted. SnowPay also supports ATM withdrawals, providing instant access to user funds. BitFrost, our multi-asset mobile light wallet app, is an all-in-one tool for SnowPay debit card management, coin exchange, Masternode monitoring and more. The SnowGem team is on a mission to bring cryptocurrency adoption to the masses in a simple, effortless, user-friendly way.
Profitability
SnowGem will be implemented through a rewards program that will bring you profit through ownership of SnowGem. We value our community, and your participation is not only appreciated, but rewarded.
Longevity
Finding the perfect project from the start can be difficult. The SnowGem team is always listening to feedback from our community to ensure we remain relevant here and for years to come.
Privacy
SnowGem addresses privacy concerns by using shielded transactions enabled by zk-SNARKs to hide information about senders, receivers, and the value of each transaction.
Availability
You can send SnowGem to anyone, anytime, anywhere. Fast transaction times ensure your money is in the right place at the right time with virtually zero fees.
BitFrost
BitFrost is our light wallet mobile app that offers multi-asset support, coin swap with SnowSwap, masternode management via Asgard and the ability to load from your phone Features of SnowPay Mastercard. A versatile Swiss Army Knife of encryption.
SnowPay
Spend your cryptocurrency anywhere SnowPay accepts MasterCard. Load your favorite cryptocurrencies (including ERC-20 tokens) and start spending your cryptocurrencies whenever you want. Through ATM withdrawals, users have immediate access to funds.
SnowSwap
Use SnowSwap to exchange your coins quickly and easily. Low fees, fast transactions, and no registration required. Currently swapping: XSG, BTC, LTC, ETH and ERC-20 tokens. SnowSwap is accessible through the BitFrost app.
Masternodes
Masternodes make regular XSG payments to their owners by locking up 10,000 XSG as collateral as well as operating servers. Each server hosts a full copy of the blockchain and provides a second layer of network protection.
Asgard
Asgard is a one-stop Masternode management tool that provides one-click Masternode setup and optional low-cost hosting. With the help of Asgard, getting passive XSG is simple and easy.
Thor´s Hammer
Defending the SnowGem blockchain, Thor´s Hammer is our 51% attack solution. Our Masternode Proof-of-Work (mPoW) solution prevents double spending and other malicious attacks on the network.
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.