Welcome to Circuit-Society
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”
What is is about racing anyway?
Auto racing is a sport that it seems most people either love it or hate it. There are very few people in the world who say that it is just okay. Those who love it and are diehard fans of the sport are not sure why others do not care for it. The people who hate it cannot seem to fathom why people would even care to see cars drive around in a circle.
However, there are a few theories about why someone may find it enjoyable while another may find it boring. One idea is that the fans who are dedicated to the sport enjoy the idea of watching a crash. This is true to some extent, but it is not the full reason why people enjoy watching and/or driving race cars.
“Years ago, you used to get out and fight and run around and chase each other with a jackhammer and stuff like that. Those were the good ol’ days.”
Excitement is a high point. Even though the cars are driving around in a circle, there is still a sense of excitement because of how fast they are traveling. In professional racing, cars can easily travel a couple hundred miles per hour down the straightaways. There are accidents and bumps that may happen, but for the most part, you may sit through an entire race without seeing a real heart-stopping incident. This is because the drivers must know how to avoid a potential danger.
The skill that comes into racing is unreal. The driver must know what the car can do and how to avoid having an accident that ends up deadly. Yes, there are sometimes accidents that happen and there are times when a bad situation is unavoidable. The important thing for most drivers and the fans who love them though is the times when a car could have ended up in a bad situation, but the driver managed to regain and maintain his control over the vehicle. It is not something that just anyone can do.
Where to go from here?
By 2021, many business will have cryptocurrency as part of their payments eco-system, allowing them to serve a greater range of customer types. These systems will deal with everything from ticket purchase, to vendor experiences.
Circuit hopes to be part of that movement. We hope to be able to use circuit from Both Worlds. Circuit will offer online shops and experiences as well as offline brick and mortar solutions.
We invite you to learn more about our product and follow our success.