BreakoutCoin (BRK)
Breakout Chain is a Multicurrency Blockchain-based platform. Breakout Chain allows the issuance of colored coins, pegged currencies and the deployment of smart contracts Break Chain's main currency is BreakCoin (BRK), which can also be used to gamble on the Breakout Gaming Platform. Breakout Coin (BRK) is a decentralized cryptocurrency developed for the gaming industry by a start-up Breakout Services, Limitada. Breakout Coin is one of three digital currencies that work together to fuel the Breakout Chain. The others are Breakout Stake (BRX)) and miners who are responsible for the processing of BRK transactions and also to earn another type of token called SisterCoin (SIS). Like Bitcoin and other popular cryptocurrencies, Breakout Coin uses a decentralized ledger to store transactions, meaning that no banks, governments, or other central authority controls the payment system. Breakout Coin ended its first ICO on July 7, 2016, accumulating a total of 851 BTC which equals approximately $560,000. A total of 4,357,800 BRK were distributed, with a further 2,269,694 burned and permanently removed from the market. In BRK the time between blocks is 4mins compared with Bitcoins 10 min. Finally, Breakout Coin is a hybrid proof-of-stake V2 (PoS)/proof-of-work (PoW) cryptocurrency.
Multicurrencies – multiple currencies carried on a single chain
Multicurrency Hybrid PoW/PoS – a security mechanism where currency A is rewarded to secure a chain using Proof-of-Work, and currency B is rewarded to secure the same chain using Proof-of-Stake (PoS, also described below)
Breakout Gravity Wave – a difficulty algorithm derived from Dark Gravity Wave that throttles block creation.
Delegated Fees – the ability to send currency A but pay for the transaction in currency B
Fee Scavenging – the ability for transaction fee collection to be deferred until a Proof-of-Work claims the fee
Nonmalleable Transactions – transactions protected against changes to their transaction IDs
Colored Coins – currencies with only one unit that is indivisible, a proof of concept for which has been incorporated into Breakout Chain in the form of a deck of cards
Currency Interrelationships
Exchange Friendliness
