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BlackCoin in a decentralized online cryptocurrency that features a secure network and open source programming that allows any user in the BlackCoin community to audit the system. Blackcoin features lightning-quick transaction times with total anonymity, allowing users a banking experience free of transaction fees. What sets BlackCoin from other cryptocurrencies is the fact that the software uses Proof of Stake in place of outdated mining software used by cryptocurrencies such as BitCoin; this is a system saver in both electricity and hardware usage. BlackCoin users can see up to 8 percent return in interest in a year on their account when they keep their BlackCoin wallet open and running, depending on certain variables.

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