Energycoin is a cryptocurrency platform with a focus on facilitating and powering the “Energy Transition” from fossil fuels to “green” energy. Built on a fork of Peercoin (which itself is a fork of Bitcoin), Energycoin uses a Proof-of-Stake consensus to power its open-source and decentralized blockchain. The Energycoin platform allows communities, businesses, and individuals to build applications for “greener” energy using blockchain technologies. These energy applications can also create their own digital asset to power their virtual economy. The entire ecosystem of applications can be implemented in a simple way that removes the need for any extra data layers or add-ons.
Energycoin (ENRG) is the primary digital token of the Energycoin platform that users can send peer-to-peer, use to pay transaction fees, and stake on its Proof-of-Stake consensus.