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blakestar  (BLAS)

BlakeStar (BLAS)

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BlakeStar Price and Market Stats

BlakeStar Price
BLAS Price
Market Cap
Market Cap Dominance N/A%
Trading Volume
Volume / Market Cap
24h Low / 24h High /
7d Low / 7d High /
Market Cap Rank N/A

About BlakeStar Coin

BlakeStar price today is with a 24-hour trading volume of . It has a circulating supply of 0 BLAS coins and a max supply of 2.4 Billion.

BlakeStar is one of the first cryptocurrencies to use the Blake2s hashing algorithm. Blake2s itself is a high speed optimized cryptographic hashing algorithm used for Proof-of-Work and Proof-of-Stake hashes in BlakeStar for performance with low load. BlakeStar uses Proof-of-Work, but unlike Bitcoin it is configured to transition to Proof-of-Stake, when small numbers of coins will be issued yearly for staking. Staking will be 10% per year. The advantage of transitioning to Proof-of-Stake is to avoid the centralized mining pools that may eventually threaten Bitcoin with a 51% attack. Most Bitcoin mining has been centralized in China, which is not necessarily a good thing for the currency. Proof-of-Stake is known to discourage centralized mining pools. This makes BlakeStar ideally suited for dedicated staking devices and low-power/low-spec systems.

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