kongcoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. kongcoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. kongcoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, kongcoin is a proven medium of commerce complementary to Bitcoin.

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Mining Reward
Miners are currently awarded with 4000 new kongcoins per block, an amount which gets halved roughly every 21000.
The Kongcoin network is therefore scheduled to produce 168 million kongcoins.


Blockchain
The kongcoin blockchain is capable of handling higher transaction volume than most altcoins Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future.
As a result, merchants get faster confirmation times.

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Open Source Software
Kongcoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.