VeriCoin (VRC) Cryptocurrency

1 VeriCoin is currently worth 0.14 usd

1 Hour -1.44%  24 Hours -11.83%  7 Days -7.43%

Coin Rank: 509

Price in BTC: 0.00002172

24H Volume: $671,567.65

Market CAP: $4,294,824.00

Total Supply: 31,242,702

Available Supply: 31,242,702

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.