Swap describes itself as a community-developed cryptocurrency striving for robust privacy, ecosystem fairness, full transparency, secure blockchain, and ease of use. Swap claims to be the first CryptoNote-based coin that uses a variant of the Cuckoo Cycle PoW algorithm, which has a 15-second block time. The project aims to be the most efficient, stable, and fairest CryptoNote coin. Swap claims to have no premine, dev fees, and ICO. reference
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