#### What is SedraCoin? SedraCoin (SDR) is a [digital currency](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) that was launched on February 16, 2024, by a team based in Europe. The project aims to bring a unique approach to the digital ecosystem, leveraging a capped supply of 28.7 billion coins to maintain value and scarcity. SedraCoin is built on a [proof of work](https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake) system, utilizing the kHeavyHash algorithm to ensure secure and fair [mining](https://www.coinbase.com/learn/crypto-basics/what-is-mining) processes. This choice emphasizes the project's focus on maintaining a secure, decentralized network. Additionally, SedraCoin incorporates the GhostDag [protocol](https://www.coinbase.com/learn/crypto-basics/what-is-a-protocol), enhancing the network's capacity to handle transactions quickly and efficiently, which is crucial for scalability and user experience. #### How does SedraCoin work? SedraCoin operates on a proof of work system, using the kHeavyHash algorithm to ensure secure and fair mining processes. This system emphasizes the project's focus on maintaining a secure, decentralized network. Additionally, SedraCoin incorporates the GhostDag protocol, which enhances the network's capacity to handle transactions quickly and efficiently. This is crucial for scalability and user experience. SedraCoin also introduces Crypto Token Assets (CTA), an innovative concept in digital asset ownership. CTAs allow users to have greater control over their digital assets, offering customization, trading, and a new refund approach capabilities in a secure framework. #### What are the potential use cases for SedraCoin? SedraCoin aims to establish an AI-driven social network within the [metaverse](https://www.coinbase.com/learn/crypto-basics/what-is-the-metaverse), creating a collaborative environment where users can interact, innovate, and monetize their activities in novel ways. The ambition of SedraCoin extends beyond being a digital currency. It introduces Crypto Token Assets (CTA), an innovative concept in digital asset ownership. CTAs allow users to have greater control over their digital assets, offering customization, trading, and a new refund approach capabilities in a secure framework. This concept is set to change how value creation and ownership are perceived in the digital space. #### What is the history of SedraCoin? SedraCoin was launched on February 16, 2024, by a forward-thinking team in Europe. The project represents a significant advancement in the cryptocurrency sector, aiming to revolutionize the digital ecosystem with its unique approach. SedraCoin stands out by integrating innovative technologies and introducing novel concepts to the digital world. The project's ambition extends beyond being a digital currency; it aims to establish an AI-driven social network within the metaverse. This initiative is designed to create a collaborative environment where users can interact, innovate, and monetize their activities in novel ways.