| General information | |
|---|---|
| Global rank: | 2315 |
| Name: |
VeriCoin |
| Symbol: | VRC |
| Current coin price (TRY): | 0.100 ₤ |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_upward0.000000 % |
| Last 7 days: | 13.06 %trending_up |
| Capitalisation (TRY): | 3 513 276.55 ₤ |
| Volume 24h (TRY): | 0.000000 ₤ |
| Available supply: | 35 106 257.00 VRC |
| Algorithm: | Scrypt |
| Proof type: | PoW/PoS |
| Start date: | 07/06/2014 |
| VeriCoin (VRC) website: | http://www.vericoin.info/ |
VeriCoin/Turkish Lira (VRC/TRY) price chart
VeriCoin/Turkish Lira (VRC/TRY) capitalisation and volume charts
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.