Parallelcoin is an new digital currency that enables instant payments to anyone, anywhere in the world. Parallelcoin uses peer-to-peer technology to operate with no central authority,managing transactions and issuing money are carried out collectively by the network. Parallelcoin is also the name of the open source software which enables the use of this currency. Parallelcoin (SHA 256) has 3 mining pools and uses the SHA 256 algorithm.
