Conceal Coin is an inactive coin which was launched back in September 2014. The cryptocurrency
was designed to execute concealed transactions as well as to provide an additional layer of
anonymity compared to other coins. It uses the X11 algorithm. In a technological aspect, it is a hybrid
type of currency using both the proof-of-work and proof-of stake methods. The initial distribution
phase of Conceal is PoW based which allows the distribution of 2880 blocks on a flat block reward.
Furthermore, each block share equals 30 seconds. The ticker of the currency is CNL. The annual
proof-of-stake reward rate is calculated at 3%. Technological improvement of Conceal coin is the
implementation of the Burst algorithm which allows investors to divide their transaction into
hundreds of Nano-transactions that are made via different peers.
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