Neucoin - Researchly

Neucoin

Ticker: NEU | Operating Status:

NeuCoin is a decentralized peer-to-peer cryptocurrency derived from Sunny King’s Peercoin, which itself was derived from Satoshi Nakamoto’s Bitcoin. As with Peercoin, proof-of-stake replaces proof-of-work as NeuCoin’s consensus mechanism, effectively replacing the operating costs of Bitcoin miners (electricity, computers) with the capital costs of holding the currency. Proof-of-stake also avoids proof-of-work’s inherent tendency towards centralization resulting from competition for coinbase rewards among miners based on lowest cost electricity and hash rate. (Source: tokenmarket)

Operating Since: 17.11.2017
Company Type:
Location: N/A
Website: http://neucoin.org/en/

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