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FAQ

The BOOST team seeks to develop a wide range of applications for various fields, from finance, health and insurance to ICOs. The platform realizes the need for new blockchain technology that is rapidly spreading around the world. BOOST believes that users need to understand the importance of blockchain technology to be able to survive in the future. According to the whitepaper, the BoostCoin team intends to suffice the voids in the cryptocurrency ecosystem and aims to make a new application center with a fine structure based on community power.

According to the website, BoostCoin is a hybrid cryptocurrency of Proof-of-Work and Proof-of-Stake consensus methods. The token is built on the PoW / PoS X13 algorithm. The X13 algorithm works on the X11 algorithm but holds two more hash functions for added security. Thus, the BoostCoin X13 algorithm has served as a hybrid crypto coin that can stand both PoW and PoS mining.

Due to the prompt network structure, Boost provides quick transfers by allowing hundreds of full-node wallets to verify transactions and finish the transfer process. Not only this, Boost aims to be a part of everyday life and facilitate online shopping and offline at places where the Boost coin will be accepted as a form of payment.

Interested web developers can utilize the BOOST platform to learn web development and more about the platform through webinars, for which users can register on the Boost website. In addition, BOOST mobile wallets have unique features that traditional wallets do not possess. They are:

Matt is one of the co-founders and developer of the Boost Project. Next, Huzur Kandemir is the other co-founder and mentor of the team. Murathan Bostancı is the CTO of the project.

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