AidBit is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. AidBit uses peer-to-peer technology to operate without any central authority: managing transactions and issuing money are carried out collectively by the network. AidBit builds on Bitcoin’s success, while improving on its weaknesses by trying to stay as decentralized and energy efficient as possible. With one of the most energy efficient encryption algorithms in the market, AidBit is bringing digital currency back to the people and making CPU & GPU mining feasible once again, even on ordinary computers. With its self-adjusting algorithm, the creation of new AidBits is closely linked to the demand, which prevents inflation or deflation and keeps the value stable.
With its humanitarian notion, AidBit goes one step further. It not only allows incredibly fast money transactions and profit to be made from mining and trading but also tries to make the world a better place. 10% of every block reward goes to a special charity account.