COINHOT – Energi (NRG) is a next-generation Proof of Stake (PoS) cryptocurrency powered by the Energi blockchain. NRG combines Ethereum smart contract compatibility with autonomous repositories, decentralized masternode governance, and Layer 1 and Layer 2 protocols.
According to Coinmarketcap, NRG Coin also serves as a governance token replacement for the decentralized exchange Energiswap. Funded by the NRG Treasury, the Energy organization is a blockchain-based financial technology provider.
Energy was created with the aim of providing secure and decentralized financial solutions. Energy currently employs a team of over 60 contributors across 5 continents.
NRG uses an Ethereum-enabled blockchain with smart contract capabilities to support DApp development. Funding is provided by a self-funded treasury economically optimized to allow rapid maintenance and expansion of the project.
On-chain governance is driven by networks of masternodes to guide strategy and ensure user protection. Speed and scalability provided by Layer 1 and Layer 2 networks that enable continuous throughput.
The NRG crypto economy model 1 million NRG are published every month and are shared between Treasury Energy, Masternodes, Stacker and Backbone. Allocation details are 40% to Treasury Energy, 40% to Masternodes Energy, 10% to Stacker Energy and 10% to Backbone Energy.
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Energy was founded in 2018 by @TommyWorldPower (Twitter) with the goal of becoming the first cryptocurrency to drive truly global adoption.
Tommy has been involved in cryptocurrency since 2012, starting as an early adopter and trader. Through his research as a trader, he identified several major issues that were not being addressed by cryptocurrency at the time.
He created Energy to directly address these issues and provide a sustainable and scalable platform for the future of cryptocurrency.
Based on data from Coinmarketcap, Saturday (4/23/2022), the NRG price is Rp 10,890.54 with a 24-hour trading volume of Rp 6,222,619,471.
NRG is up 6.06% over the past 24 hours. Meanwhile, the current Coinmarketcap rank is 606 with a market cap of Rp 571,233,309,652. To date, there has been a circulation of 52,452,230 NRG supplies from the maximum unavailable supply.
Previously, eCash (XEC) was a new version of Bitcoin Cash ABC (BCHA), which is a branch of Bitcoin (BTC) and Bitcoin Cash (BCH). ECash is defined as a cryptocurrency designed to be used as electronic money.
Reported by Coinmarketcap, eCash is strictly intended to be a medium of transactions used to pay for goods and services. The coin was renamed on July 1, 2021 and has since attempted to distinguish itself from its predecessor.
The base unit of eCash is called a “bit” and replaces the heavy Bitcoin Cash ABC decimal. Instead of sending 0.00001000 BTC, users can send 10 bits with eCash. eCash incorporates a proof-of-stake (PoS) consensus layer called “Avalanche”, but it is different from the well-known blockchain Avalanche (AVAX).
Following the rebranding, eCash announced that it will convert all BCHA coins to XEC with a ratio of one to one million.
Who is the founder of eCash?
ECash (XEC) is led by its lead developer Amaury Sechet, who is the lead developer of Bitcoin Cash (BCH) and formed the blockchain to form eCash’s predecessor, Bitcoin Cash ABC (BCHA).
This happened on November 15, 2020. Sechet then decided to rebrand BitcoinCash ABC to build a new brand identity for eCash.
Spot price (XEC)
Based on data from Coinmarketcap, on Friday, April 22, 2022, the XEC price is Rp 1.31 with a 24-hour trading volume of Rp 1,370,937,622,056.
XEC is down 1.57% in the last 24 hours. Meanwhile, Coinmarketcap’s current ranking is 58 with a market capitalization of Rp 24,917,432,704,694. XEC.
Previously, the FIO Protocol (FIO) was a blockchain protocol that aimed to enable a better way to send or receive coins and tokens. FIO Coin or FIO Token is a utility token native to the project’s blockchain infrastructure, FIO Chain, and is used for “gas fee” transactions and on-chain governance.
Reported by Coinmarketcap on Thursday, April 21, 2022, the FIO chain uses a Delegated Proof-of-Stake (DPoS) system to achieve consensus on the blockchain network. Block producers are selected by FIO token holders through on-chain voting. Anyone can register to become a block producer and generate blocks if they receive enough votes.
The FIO protocol will be supported by utility tokens (FIO). FIO tokens will be used to pay for transactions processed through the FIO chain. To store an FIO domain token or address, users only need a private or public key pair, and all transfers can be done using the FIO public key.
This allows FIO token support without any special functionality. FIO tokens support the SLIP-44 standard. When the user chooses to resend the initial phrase from one wallet to another, the FIO token along with the FIO address and domain will be restored.