VeriCoin (VRC)
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.
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$0.226297
(0.0000335 BTC)
+ 2.04%
Market Cap:
$7,019,592.00
Circulating Supply:
31,019,378.00
Volume (1h):
-1.66%
Volume (24h):
+ 2.04%
Volume (7d):
-15.54%