NewYorkCoin

NewYorkCoin#476
NewYorkCoinNYC
$0.00006USD-1.49%

  • 24h Volume:$15,898.10
  • Market Cap:$8.12 M
  • 1h %:-0.73%
  • 1d %:-1.49%
  • 7d %:-4.41%
  • 1m %:10.02%
1D7D1M

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

ProofPoW
AlogrithmScrypt
Start Date04-03-14

Core Statistics

Emailnycoinfoundation@gmail.com

NewYorkCoin Pricing Data

Price$0.00006
24h Volume$15,898.10
Market Cap$8.12 M
Current Supply134.03 B
Total Supply134.03 B
ICO Date:04-03-14