Autumncoin

Autumncoin serves several functions common to cryptocurrencies. It facilitates secure, peer-to-peer transactions without the need for a central authority, like traditional banks or financial institutions. The incorporation of PoW and PoS mechanisms allows users to participate in the network either by mining new coins (PoW) or by staking their existing coin holdings to help secure the network and validate transactions (PoS). With a 9% annual interest rate for staked coins, Autumncoin incentivizes users to hold and stake their coins, contributing to the network's security and stability. The 60-second block target aims to ensure fast transaction confirmations, enhancing the currency's utility for everyday transactions.

The official Autumncoin ticker is “ATM” and traded under that name on all the exchanges where it has been listed. The designation “ATMC” is for CryptoCompare.com only.