MIR COIN is designed to remedy shortcomings with new algorithm. Keccak(SHA-3) algorithm, MIR COIN use, is an cryptographic hash function published by the National Institute of Standards and Technology to replace SHA-3 which was discussed previously and has high safety compared to SHA256, and operation processing speed is four times faster than SHA256 in algorithm.
Block generation time of MIR COIN based on Keccak(SHA-3) is 30 seconds and transaction can reach up to 130/TPS per second to maintain the best speed. Also, difficulty is performed every 5 days so as to keep optimum mining difficulty. On the basis of this, it is completely complemented from hacking and treats mass transactions more strongly.
In addition, heat is generated 30% of the existing coin mining, so it is designed for long time mining. As a result, MIR COIN is born as the third generation Blockchain crypto-currency.