About Argentum

Argentum, launched in 2013, is a secure and independent Level-1 cryptocurrency. It is not a token built on another platform but its own sovereign blockchain, utilizing the UTXO (Unspent Transaction Output) model. Argentum's core feature is its innovative multi-algorithm design, which combines six different Proof-of-Work (PoW) algorithms to create a highly resilient and decentralized network.

A Unique Six Algorithm Proof-of-Work Mining System

To ensure robust security and consistent block production, Argentum employs a unique approach that combines the strengths of two different Proof-of-Work mining methodologies: merge-mining and native mining.

Merge-Mining: Shared Security

Two of Argentum's algorithms support merge-mining. This process is accomplished using Auxiliary Proof-of-Work (AuxPoW), which allows miners to secure multiple blockchains simultaneously with the same work. It lets Argentum "borrow" the immense hashing power from larger, more established cryptocurrencies, significantly enhancing its security against attacks. Argentum's built-in AuxPoW support makes this possible without any changes needed on the parent coin's side. Miners already working on Bitcoin, Litecoin or any other cryptocurrency using SHA256D or Scrypt can acquire Argentum for virtually no extra work.

Native Mining: Dedicated Security

Argentum features four native mining algorithms. This means the work done to mine them is applied exclusively to securing the Argentum blockchain. This fosters an independent and dedicated mining community, prevents reliance on other coins, and promotes decentralization by making mining accessible on different types of hardware.