VRC is designed to reduce the PoW phase and enter PoS phase quickly. With a steady block reward and block time of sixty seconds, the PoW phase is designed to finish after the first few weeks of launch - 10/05/2014. The PoS interest rate is dynamic and depends on how much the coin is held and staked in the PoS. The dynamic interest rate is pegged at a sensible level of between 0-3% roughly. The PoS interest is gained through transaction fees which are also distributed to the Vericoin fund - to aid in development and promotion of the currency. There was no premine.
Visit website open_in_new| Market share | 0.00% |
| Proof type | PoW/PoS |
| 24h Open | $0.42 |
| 24h Low | $0.42 |
| 24h High | $0.47 |
| Price in BTC | 0.00006471351968 BTC |
| Current Supply | 30,893,552 VRC |
| Market cap | $13,735,273 |
| 24h Volume (coin) | 0 VRC |
| 24h Volume (currency) | $0 |
| Last updated | 2018-04-01 18:48:05 +01:00 BST |
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