NewYorkCoin

NewYorkCoin#710
NewYorkCoin NYC 
$0.00001 USD 19.78%

  • 24h Volume: $2,279.12
  • Market Cap: $1.98 M
  • 1h %: -0.14%
  • 1d %: 19.78%
  • 7d %: 4.18%
  • 1m %:0.00%
1D 7D 1M

Summary


NewYorkCoin is an open source, peer-to-peer payment platform with no network or transaction fees. This allows users to send money between wallets free of charge. NewYorkCoin has gained some distrust for its lack of a whitepaper and its anonymous developer, but this has largely been offset by a substantial number of users and adoption by a number of businesses in New York City itself. Launched in 2014 by an anonymous developer, NewYorkCoin had no pre-mining of coins and no ICO (Initial Coin Offering). The NewYorkCoin blockchain uses the KGW algorithm which enables 30-second confirmations through proof-of-work. The original developer of the blockchain vanished after launch, but early-stage miners and users created a supporters’ group which marketed the coin. This enabled growth to continue. The maximum number of coins that may be held in a single wallet is 100 billion.

NewYorkCoin tokens (NYC) are used as a currency on the blockchain to facilitate payments and compensate miners.

Network Statistics

Proof PoW
Alogrithm Scrypt
Start Date 04-03-14

Core Statistics

Email nycoinfoundation@gmail.com

NewYorkCoin Pricing Data

Price $0.00001
24h Volume $2,279.12
24h Change 19.78%
Market Cap $1.98 M
Current Supply 134.03 B
Total Supply 134.03 B
ICO Date: 04-03-14