Kosher cryptocurrency Bitcoen to be created in Russia

Kosher cryptocurrency called Bitcoen to be created in Russia
08 August 2017   951

Distributed database that is used to maintain a continuously growing list of records, called blocks

Russian businessman Vyacheslav Semenchuk announces a kosher cryptocurrency Bitcoen (in tune with "coen" - the name of the clergy in Judaism), which is designed to simplify the calculations within the Jewish community. The initiative of the businessman has already been supported by the chief rabbinate of Russia.

The project plans to produce on its own blockchain 100 million tokens Bitcoen $1. The currency will be released to the market gradually, and 10% from each edition will come in a special Fund, which will transfer cryptocurrency to the Jewish community.

Semenchuk also adds that tokens will be accepted at some shops and restaurants, not just kosher. Thus, he explained the possible interest for non-kosher stores in support of the cryptocurrency:

Want a new audience in the form of effective Jews – accept cryptocurrency Bitcoen.

Vyacheslav Semenchuk
Bitcoen creator

The project is under control of the “Council of six”:

Each of them [Board members] respected in the Jewish community, representing its direction (business, politics, Finance, technology, public work, culture). Each Board member will have one part of the digital private key. Only adding 6 keys together in a special room and voting, the Council may adopt joint decisions.

Bitcoen team


Is an open-source blockchain-based distributed computing platform featuring smart contract functionality, which facilitates online contractual agreements 

According to Semenchuk, the Council has only two functions – solutions on the issue of currency and how worthy is the project team bonus 5 years after the start Bitcoen. The key is divided into six parts, while in other blockchains like Ethereum, or Waves key can belong to one person, argues Semenchuk.

Soon Bitcoen also plans to hold a pre-ICO and ICO. to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   99

Social platform for petitions announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.