What is Dotcoin?

"Dotcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Dotcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Dotcoin is also the name of the open source software which enables the use of this currency."

-Cryptopia.co.nz/
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General

TICKER SYMBOLS
DOT
AGE
5 years old (March 31, 2014)
CURRENT PRICE
$0.016129
Updated 28 seconds ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$0.046663
2 years ago

Technical

BLOCKCHAIN / LEDGER
Uses own
MONETARY POLICY
Maximum Supply (890,000,000 coins)
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
30s
CURRENT BLOCK REWARD
250 coins
HASHING ALGORITHM
Scrypt
DIFFICULTY ADJUSTMENT
Every block (~30 seconds)

Categories

Payments

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