Titan Coin

Titan Coin (TTN) is a payment currency that has been designed to overcome the limitations of many other coins available in the cryptocurrency ecosystem, as per the website. Further, Titan Coin aims to disrupt and digitize the way assets are designed. Unlike traditional smart contracts, where the token needs to be programmed and deployed on the network, on Titan Coin's blockchain, the user can deploy the asset with just a few clicks without programming or coding knowledge. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on a blockchain. 

According to the whitepaper, the Titan Project is highly secure and futuristic. The objective is to empower users such as merchants/businesses, individuals, and asset issuers by removing intermediaries and enabling instant payment and remittances. At present, Titan Projects has three major products: Titan Multi-Crypto Wallet, Titan Exchange (TTNEX), and Titan Coin.

Furthermore, this network operates on a PoW (proof-of-work) consensus algorithm and utilizes the X21s mining technology to seek to allow users to mine new coins. Mining new Titan coins is a procedure controlled by predefined rules. X21s is one of the new mining algorithms. Moreover, it utilizes 21 different hash functions, including the ‘lyra2’ hash algorithm. It helps restrict energy consumption by lowering heat production in the process, and at the same time, it dodges the parallelization of transactions. 

The TTN coin was launched in February 2018, and the maximum total supply of the token is 5 billion TTN. Besides this, the platform claims that they have achieved several milestones, such as the following: Initiated the TTN listing on various platforms and released whitepaper Ver 1.0 in November and December 2018, respectively. In September 2019, the network launched the Titan staking 1.0 program and found the Family Security app in November 2019.