${ project.category.slug }
${ project.token } (${ project.short_token }) #${ project.rank }
${ project.name }
@${ project.slug }
$${ project.price }
${ project.price_btc } BTC
Socials
Explorers
${explorer.short}MarketCap | $ ${ project.market_cap } |
---|---|
Volume(24h) | $ ${ project.volume_24 } |
Circulating Supply | ${ project.circulating_supply } ${ project.short_token } |
Total Supply | ${ project.total_supply } ${ project.short_token } |
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About the project
NeuCoin is a decentralized peer-to-peer cryptocurrency derived from Sunny King’s Peercoin, which itself was derived from Satoshi Nakamoto’s Bitcoin. As with Peercoin, proof-of-stake replaces proof-of-work as NeuCoin’s consensus mechanism, effectively replacing the operating costs of Bitcoin miners (electricity, computers) with the capital costs of holding the currency. Proof-of-stake also avoids proof-of-work’s inherent tendency towards centralization resulting from competition for coinbase rewards among miners based on lowest cost electricity and hash rate.
NeuCoin increases security relative to Peercoin and other existing proof-of-stake currencies in numerous ways.