VeriCoin (VRC) Cryptocurrency

1 VeriCoin is currently worth 0.54 usd

1 Hour 0.04%  24 Hours -9.37%  7 Days -29.8%

Coin Rank: 304

Price in BTC: 0.00006943

24H Volume: $229,397.00

Market CAP: $16,535,069.00

Total Supply: 30,873,259

Available Supply: 30,873,259

VeriCoin (VRC) Cryptocurrency About VeriCoin
Start date: 07/06/2014

VRC was designed to reduce the PoW phase and enter PoST phase quickly. With a steady block reward and block time of sixty seconds, the PoW phase finished after the first few weeks of launch - 10/05/2014. The PoST interest rate is dynamic and depends on how much the coin is held and staked in the PoST. The dynamic interest rate is pegged at a sensible level of between 0-3% roughly. The PoST 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.