
Independent Money System coin (Symbol: IMS) or IMSCoin is a cryptocurrency which allows instant payments to anyone in any place in the world. The coin employs peer-to-peer technology the independent of any central authority: the network executes the managing transactions, issuing money collectively. Assets are stored in IMS software wallets utilizing unique private encrypted keys providing for secure online/offline storage of funds. IMS has 8% annual interest with a “proof of work” / “Proof of stake” hybrid; therefore, the coin was mine able for a limited time only and now has shifted to “Proof of stake.” IMS is a long-term project with lots of work to do. The network will help the network develop and make IMS even more convenient and is a planned feature for the system.
Independent Money System coin (Symbol: IMS) or IMSCoin is a cryptocurrency which allows instant payments to anyone in any place in the world. The coin employs peer-to-peer technology the independent of any central authority: the network executes the managing transactions, issuing money collectively. Assets are stored in IMS software wallets utilizing unique private encrypted keys providing for secure online/offline storage of funds. IMS has 8% annual interest with a “proof of work” / “Proof of stake” hybrid; therefore, the coin was mine able for a limited time only and now has shifted to “Proof of stake.” IMS is a long-term project with lots of work to do. The network will help the network develop and make IMS even more convenient and is a planned feature for the system.