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XCP
Exchange
USD
Market Cap
$59,011,837
24h Low / 24h High
$21.50893 / $25.37597
24 Hour Trading Volume
$519,213
Complete Metrics Score
Total50%
Major Exchanges Trading Activity
Liquidity35%
Source Code Repository Activity
Developer67%
Social Media & Discussion Board
Community37%

Counterparty (Overview)

About

Counterparty is the first cryptocurrency to utilise the Proof-of-Burn method where users "burn" or destroy bitcoin by sending it to an address where no one has the private keys. Proof of coin burning will be rewarded with the creation of the newly created Counterparty XCP coins.

Counterparty is written on an entirely new code base. The protocol's native currency, XCP, is zero-mined and slightly deflationary, with 2.6 million XCP created by burning bitcoin in January.

Counterparty has the following features: user-created assets, distributed exchange, feeds, betting and financial derivatives.

Genesis Date January 02, 2014 (about 4 years)
Hashing Algorithm

SHA-256

Hashrate
Block Time

10.0 Minute

Blockchain/Supply

http://www.blockscan.com/

Available/Total Supply

2.62 Million / 2.65 Million