BlackCoin Price & Market Data
BlackCoin price today is $0.068304660450 with a 24-hour trading volume of $3,565.13. BLK price is up 0.0% in the last 24 hours. It has a circulating supply of 61 Million BLK coins and a total supply of 100 Million. If you are looking to buy or sell BlackCoin, Bittrex is currently the most active exchange.
BlackCoin started of as a Proof of Work coin but has evolved to a unique version of Proof of Stake. Wallet users can unlock wallet for staking only.
BlackCoin features the following specifications:
- Extremely secure: Among first with fix on SSL heartbeat, Transaction malleability, BIP66
- The probability to sign a block and the block reward does not depend on coinage (anymore).
- Recommended confirmations: 10, maturity: 500
- Minimum transaction fee: 0.0001 BLK
- Defined block time target: 64 seconds
- Max reorganization depth: 500 blocks
- Inflation: about 0.95%.
- PoS block reward: 1.5 BLK + fees
- The accumulated reward is proportional to the total balance and the time of staking. 24/7 staking at current network weight leads to an expected reward ratio (interest rate) of about 5%.
- BlackCoin rewards users who supports the blockchain through continuous staking.