Kronecoin is a Proof of Work cryptocurrency based on the Scrypt algorithm. Kronecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Kronecoin is an open-source, global payment network that is fully decentralized without any central authorities. What Kronecoin offers are faster transaction confirmation times and an improved storage efficiency compared to the leading math-based currency. With substantial industry support, trade volume and liquidity, Kronecoin aims to become a valid alternative to Bitcoin.