aurumcrypto.gold Open in urlscan Pro
2606:4700:3032::6815:18b1  Public Scan

Form analysis
0 forms found in the DOM

Text Content

ACG

 * FAQs
 * Schematics
 * Components
 * Web Wallet
 * Whitepaper

Explorer


WELCOME TO AURUM CRYPTO GOLD!


EMBRACE THE GOLD STANDARD

Built to last, Aurum Crypto Gold is a digital currency that enables swift
peer-to-peer transactions globally. The secure nature of the digital currency
combined with the ease of use makes ACG available for usage in a wide variety of
applications.



Start Trading







COMMUNITY

JOIN THE DISCUSSIONS AND MAKE YOUR VOICE BE HEARD, AS ACG IS AN ENTIRELY
COMMUNITY BASED PROJECT.

Explore



AVAILABLE ON


XEGGEX

COINGECKO




ACG AGGREGATORS



Previous Next


SCHEMATICS

THE UNIQUE FEATURES OF ACG



ASIC devices can benefit from the mining-friendly nature of ACG, which allows
for more efficient mining practices.

ASICS friendly

Being a PoW currency, ACG provides a high level of security while ensuring
transactions are safely processed and confirmed.

Adopts full proof of work (POW) ethical practices

The high network security and safety measures enabled by ACG ensure that the
ecosystem remains resistant to 51% attacks.

Resistant to 51% attacks

SegWit allows ACG to keep transaction fees to a minimum and assists in scaling
transaction volume.

Adopts Segwit Transactions

The DGW difficulty retarget algorithm helps ACG achieve a smoother difficulty
retarget mechanism.

Adopts DarkGravityWave (DGW) difficulty retarget algorithm

The SHA256 algorithm is a powerful cryptographic hash algorithm and is the
foundation on which ACG was built.

Built on the SHA256 algorithm

Previous Next

Downloads



WINDOWS

MAC

LINUX

GITHUB

ANDROID


FREQUENTLY ASKED QUESTIONS

THE CRYPTO-SPHERE IS NEW AND CHALLENGING WITHOUT THE RIGHT KNOWLEDGE.
GLANCE THROUGH OUR FAQS TO FIND ANSWERS TO THE MOST COMMON QUESTIONS ASKED BY
USERS.
IF YOU HAVE ANY INQUIRIES THAT ARE NOT ANSWERED HERE, PLEASE REACH OUT TO US
THROUGH OUR SOCIAL PLATFORMS.

WHAT IS AURUM?

Aurumcryptogold is our native transactional crypto product that functions as a
decentralized currency, enabling peer-to-peer transactions over the internet.
Aurumcryptogold, and its native currency ACG, exist on a blockchain solely
created for maximizing the quality of transactions. We chose to exist on a
separate blockchain to prevent any bloat that may arise from multiple currencies
existing on a single blockchain, while additionally providing ACG with added
security and functionality.

There is a maximum supply of 51,940,422 ACG, with 7.32% of the total supply of
currency already pre-mined. The remaining 92.68% of the currency is ready for
mining with tools (wallets, explorer) developed to guide and assist users.

WHAT DO YOU MEAN BY 51% ATTACKS?

A 51% attack is a type of attack on a blockchain network where a single entity
or group of entities controls more than 50% of the network's computing power.
This allows them to manipulate the network by controlling the validation of
transactions and potentially reverse transactions, double-spend coins, and gain
other unauthorized access to the network.

HOW DOES AURUM GUARANTEE RESISTANCE TO 51% ATTACKS?

A 51% attack can be devastating to the ecosystem if not handled correctly. We
remain secure through the implementation and presence of the following features:

Decentralization:
The more decentralized a blockchain network is, the less likely it is for a
single entity to gain enough computing power to launch a 51% attack. Therefore,
it's essential to design and maintain a decentralized network with distributed
nodes.

Consensus Mechanisms:
Blockchain networks that use proof-of-work (PoW) consensus mechanisms, such as
Bitcoin, are vulnerable to 51% attacks. However, other consensus mechanisms,
such as proof-of-stake (PoS), delegated proof-of-stake (dPoS), and practical
Byzantine fault tolerance (PBFT), have been designed to mitigate the risk of 51%
attacks.

Increase Hashing Power:
To prevent a 51% attack, the network must have sufficient hashing power. One way
to achieve this is to buy hash power from a 3rd party provider. This will offset
the percentage of control that a 3rd party has over the network, thereby
increasing the network's hashing power and reducing the likelihood of a 51%
attack.

Network Monitoring:
It's essential to monitor the network for any unusual activity or spikes in
computing power. We have deployed monitoring tools that can detect unusual
behavior and alert the network's administrators immediately.

Hard Forks:
In case of a 51% attack, the network can implement a hard fork to reverse the
attack and restore the network's integrity. A hard fork involves making
significant changes to the network's code, which can result in a new network
version. This can be a contentious process, so we have a plan in place in case
of a 51% attack.

WHY DOES ACG USE A POW CONSENSUS?

Proof-of-work (PoW) and proof-of-stake (PoS) are two of the most common
consensus mechanisms used by blockchain-based cryptocurrency projects, while
proof-of-stake authority (PoSA) is a newer variation of PoS. Each of these
consensus mechanisms has its advantages and disadvantages, and the optimal
choice depends on the project's goals and requirements.

One advantage of PoW over PoS or PoSA is its security. PoW networks are more
resistant to 51% attacks because the attacker would need to control more than
50% of the network's computing power to manipulate the network. On the other
hand, PoS and PoSA networks are more vulnerable to such attacks since an
attacker would only need to control 51% of the network's cryptocurrency to
manipulate the network.

Another advantage of PoW is its proven track record. PoW has been used by
Bitcoin since its inception, and it has demonstrated its ability to secure the
network for more than a decade. In contrast, PoS and PoSA are relatively new and
have not been tested as extensively as PoW.

Additionally, PoW encourages miners to contribute computing power to the network
in exchange for block rewards, which can incentivize more miners to join the
network, resulting in increased network security. In contrast, PoS and PoSA
incentivize validators to hold a certain amount of cryptocurrency, which could
potentially lead to centralization if a few large validators hold most of the
cryptocurrency and exert control over the network.

However, PoW is not without its drawbacks. It is energy-intensive, with the
electricity consumption of Bitcoin mining equivalent to that of a small country.
PoW networks also tend to have slower transaction processing times compared to
PoS or PoSA networks.

HAS AURUM EVER HAD AN ICO?

Initial coin offerings (ICOs) have been a popular way for cryptocurrency
projects to raise funds in recent years. However, some projects choose to fund
their development and launch in other ways. One such approach is for the project
team to fund the project themselves, without relying on external investors
through an ICO.

Our cryptocurrency, AurumCryptoGold (ACG), is an example of a project that did
not have an ICO. Instead, the project was fully funded by our team. This
approach allowed us to maintain full control over the project's direction and
development without any outside influence. It also ensured that we did not have
to meet any external requirements or obligations to investors that could
conflict with our vision for the project.

By funding the project ourselves, we were able to prioritize our development
goals and make decisions that aligned with our vision for the cryptocurrency. We
also had the flexibility to adjust our plans and make changes to the project's
direction without worrying about the interests of external investors.

Overall, while ICOs can provide a significant funding boost for cryptocurrency
projects, self-funding can be a viable alternative for projects that value
independence and control over their development. Our team is proud to have
funded our project this way, and we are excited to continue to build and improve
our cryptocurrency for the benefit of our users.

HOW DO I START MINING AURUM (ACG)?

Head on over to the mining section found near the footer section of the website.
It will take you our quickstart guide which will assist you in all the steps
necessary to start mining your first ACG.


TYPES OF AURUM


COMPONENTS

Aurum is multi-faceted and is referred to by four different denominations that
are equivalent to how much ACG a user possesses.

1 Gold Bar = 1 ACG

1 Biscuit = 0.1 ACG

1 Sovereign = 0.01 ACG

1 Aurum = 0.001 ACG




TECHNICAL DATA


100 BLOCKS

Maturity


51,940,422

Max Supply (ACG)


50 ACG

Block Reward


10 MINUTES

Block Time


9889

P2P Port


9888

RPC Port


3,799,999.8

Pre-mined (7.32%)


SHA-256

Algorithm


ACG

Ticker


500K BLOCKS

Halving


EACH BLOCK

Difficulty Time



ROADMAP

THIS ROADMAP WILL BE UPDATED ONCE NEW MILESTONES ARE REACHED. WE WILL ALSO BE
ADDING NEWER COMPONENTS TO OUR ROADMAP AS OUR ECOSYSTEM GROWS AND NEW IDEAS
FLOURISH.



2022

QUARTER 4

- Inception of ACG through self-funding.

- Creation of web wallet and nodes.

- Creation of the Genesis block.

- Allocation of pre-mined funds.

- Official website launch.


2023

QUARTER 1

- Initial marketing campaign with airdrops.

- Commencement of trading.

- Listed on Xeggex.com exchange (CEX).

2023

QUARTER 2

- Listed on Txbit.io exchange (CEX - permanently closed now).

- Launched the android version of CEX.

- Updates made to the whitepaper and website.

- Creation of physical ACG Gold coins (for souvenirs purpose).

2023

QUARTER 3

- Getting listed on CoinMarketCap and CoinGecko. (Currently listed on CoinGecko)

- Getting listed on other prominent exchanges.

- Commencement of social media campaigns (Web 2.0 and 3.0).

- Deployment of a 24/7 support team.

2023

QUARTER 4

- Additional promotional campaigns.

- Invested in ASIC hardware miners and rentals for the purpose of protecting 51%
attacks.

- Got listed on CoinGecko.

2024

QUARTER 1

- Doing AMA on Binance Live. (Completed)

- Listing ACG on nonkyc exchange (CEX). (Completed)

- Listing ACG on financex exchange (CEX).

- Updates made to the website. (Completed)

- Listing ACG on Latoken exchange (CEX).

- Listing on CoinMarketLeague.com

ACG Communities

DISCORD

TELEGRAM

TWITTER

YOUTUBE

WHATSAPP

TIKTOK



HOW TO MINE ACG

Get ready for the upcoming gold rush by starting to mine today. Click the button
below for our quick start guide on mining ACG.

Start Mining



EXPLORE


TRADE
POOL
EXPLORER
GITHUB
WHITEPAPER




WALLETS


WINDOWS
MACOS
LINUX
WEB



MINERS


MACOS
WINDOWS
LINUX
MININGPOOLSTATS




THE GOLD STANDARD


AURUMCRYPTOGOLD IS A SECURE AND EFFICIENT CRYPTO PRODUCT THAT ENABLES SWIFT
TRANSACTIONS FOR A SMOOTH TRADING EXPERIENCE.

 * Home
 * Mining
 * Artworks



© Copyright 2023 SariKuHu - All Rights Reserved