CIRCUIT is an open source cryptocurrency focused on fast private transactions build constructed off a state-of-the-art hybrid consist of: Proof-of-Stake (PoS), Proof-of-Work (PoW), and the prestigious Masternode (MN) system.
The CIRCUIT blockchain is constructed off the X11 algorithm. This algorithm is very similar to C11 as it uses 11 different algorithms, however in a different order. The Proof-of-Stake hashing is made possible through the ShA256d algorithm. Both algorithms, when utilized in conjunction with each other, allow for increased security and stability throughout the CIRCUIT network.
“Circuit and other cryptocurrencies are dependent on blockchain – the underlying distributed ledger that guarantees tamper-resistant permanent transactions – to do business. But that’s not all blockchain does, or has the potential to do”