BlackCoin has seen initial success due to its innovative features. The coin has incorporated bitcoin upgrades to reduce transaction risk. The coin initially uses proof of work as well as proof of stake, with the proof of work being dropped after the 10000th block. The advantages of Blackcoins proof of stake is that it has extremely fast transaction confirmation times at ten seconds - compared to bitcoins ten minutes plus. The other bonus is the low energy consumption without PoW mining. Interest is paid annually at a 1% rate - well below the present global average.
Visit website open_in_new| Market share | 0.00% |
| Proof type | PoS |
| 24h Open | $0.19 |
| 24h Low | $0.19 |
| 24h High | $0.21 |
| Price in BTC | 0.00002796101469 BTC |
| Current Supply | 76,750,136 BLK |
| Market cap | $14,743,702 |
| 24h Volume (coin) | 0 BLK |
| 24h Volume (currency) | $0 |
| Last updated | 2018-04-01 18:48:03 +01:00 BST |
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