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About GlobalBoost (BSTY)
Cryptocurrency GlobalBoost-Y was launched in 2014 with the aim of providing a reliable and secure payment platform that is decentralized and independent of government or financial institutions. Unique to GlobalBoost-Y is its Proof of Boost algorithm, which was designed to maintain the network's integrity and prevent fraud. Unlike other cryptocurrencies that rely on Proof of Work or Proof of Stake, Proof of Boost incentivizes active participation in the network by rewarding users for their contributions to the system. This is achieved by allowing users to earn coins through staking and by utilizing their computer's resources for the network's security. GlobalBoost-Y has a limited supply of 45 million coins, ensuring scarcity and increasing the value of the currency. Transactions in GlobalBoost-Y are almost instantaneous and require only a small transaction fee. The cryptocurrency can be used to buy goods and services online, and it also forms the basis of a community-driven ecosystem that promotes transparency and fairness. One of the most noteworthy features of the GlobalBoost-Y platform is its emphasis on social responsibility. The platform has undertaken various initiatives that promote social good, including donating to charitable organizations and sponsoring sports activities. Overall, GlobalBoost-Y is a payment platform that is secure, transparent, and emphasizes social good. Through its innovative Proof of Boost algorithm, it aims to offer an alternative to traditional payment systems that are centralized and controlled by financial institutions.
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