VRC is designed to reduce the PoW phase and enter PoS phase quickly. With a steady block reward and block time of sixty seconds, the PoW phase is designed to finish after the first few weeks of launch - 10/05/2014. The PoS interest rate is dynamic and depends on how much the coin is held and staked in the PoS. The dynamic interest rate is pegged at a sensible level of between 0-3% roughly. The PoS interest is gained through transaction fees which are also distributed to the Vericoin fund - to aid in development and promotion of the currency. There was no premine.
|Mkt.Cap||$ 1.24 M||Volume 24H||31,207.00 VRC|
|Market share||0%||Total Supply||0.00000000 VRC|
|Proof type||PoW/PoS||Open||$ 0.04|
|Low||$ 0.04||High||$ 0.04|