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Market

Market stats

Market cap

$1.2M

Volume (24h)

$0.28

Circulating supply

62.6M BLK

All time high

$1.31

Price change (1h)

-0.5%

Price change (24h)

+6.15%

Price change (7d)

+19.62%

About BlackCoin

BlackCoin aims to be a secure, anonymous payment system capable of processing transactions in seconds. The cryptocurrency aims to facilitate peer-to-peer transactions in a decentralized manner. One of the earlier adopters of the proof-of-stake (PoS) consensus mechanism to secure its network, the Blackcoin aims to become an eco-friendly platform.

According to the whitepaper, in the crypto-community, a common understanding persists that the proof-of-stake protocol has several potential security issues. To start with, coinage can be abused by malicious nodes to gain significant network weight to perform a successful double spend. In addition, honest nodes can abuse the system by periodically staking because of coinage, leaving the network insecure. To cut short, proof of stake has yet to prove the security, economic value, and overall energy efficiency over time. Keeping the said issues in mind, BlackCoin was developed for proving the validity of proof of stake. The platform aimed to include various solutions like taking the coinage out of the equation, changing the stake modifier, using a hash function, and more to solve the problem. The proposed changes aim to improve BlackCoin’s PoS protocol security and were made with optimization in mind. 

Using PoS, BlackCoin seeks to scale for mass adoption while mitigating and plugging potential risks. Some features of the platform are stated below:

BlackCoin (BLK) is the native currency of the platform. BLK aims to be a decentralized and eco-friendly currency with near-instant transaction speed and nominal fees. Traded as a commodity, the token is built upon Proof of Stake 3.0. Owning a BlackCoin token means owning rights to a private key - a password to ‘unlock’ or ‘spend’ unspent transaction outputs (UTXO). Each UTXO ‘comprises’ a fixed amount of BlackCoin. An address may be associated with a UTXO and can only be spent with a private key.

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BlackCoin is on the rise this week.

The price of BlackCoin has decreased by 0.50% in the last hour and increased by 6.15% in the past 24 hours. BlackCoin’s price has also risen by 19.62% in the past week. The current price is $0.0190 per BLK with a 24-hour trading volume of $0.28. Currently, BlackCoin is valued at 98.54% below its all time high of $1.31. This all-time high was the highest price paid for BlackCoin since its launch.

The current circulating supply of BlackCoin is 62,640,963.319 BLK which means that BlackCoin has as total market cap of 62,640,963.319.

FAQ

What is the current price of BlackCoin?

We update our BlackCoin to USD currency in real-time. Get the live price of BlackCoin on Coinbase.

What is the market cap of BlackCoin?

The current market cap of BlackCoin is $1.19M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of BlackCoin?

The all-time high of BlackCoin is $1.31. This all-time high is highest price paid for BlackCoin since it was launched.

What is the 24 hour trading volume of BlackCoin?

Over the last 24 hours, the trading volume of BlackCoin is $0.28.

What other assets are similar to BlackCoin?

Assets that have a similar market cap to BlackCoin include YIN Finance, FirstHare, Endpoint CeX Fan Token, and many others. To see a full list, see our comparable market cap assets.

How many BlackCoin are there?

The current circulating supply of BlackCoin is 63 million.

Can I buy BlackCoin on Coinbase?

No, BlackCoin is not currently available on Coinbase, but you can sign up to get the latest news on BlackCoin and be notified when it gets added to our exchange.

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