About BlackCoin (BLK)
Market Capitalization$2.83 million
Coin or TokenCoin
AlgorithmProof of Stake
Official Website (Alt)N/A
Message Board (Alt)N/A
Blockchain Explorer (Alt)N/A
BlackCoin (BLK) Frequently Asked Questions
What is BlackCoin?
BlackCoin has seen initial success due to its innovative features. The coin has incorporated bitcoin upgrades to reduce transaction risk. The coin initially uses proof of work as well as proof of stake, with the proof of work being dropped after the 10000th block. The advantages of Blackcoins proof of stake is that it has extremely fast transaction confirmation times at ten seconds - compared to bitcoins ten minutes plus. The other bonus is the low energy consumption without PoW mining. Interest is paid annually at a 1% rate - well below the present global average. (Description provided by CryptoCompare)
How do I buy BlackCoin?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including BlackCoin.
What do investment analysts think about BlackCoin?
Weiss Research, an investment research firm that rates cryptocurrencies, has given BlackCoin an overall rating of "D-", a technology and adoption rating of "E+", and a market performance rating of "D".
Where can I get BlackCoin wallet?
BlackCoin produces its own wallet software that is available for download on its website, which allows you to store BlackCoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of BlackCoin?
One BlackCoin (BLK) is currently worth $0.05 on major cryptocurrency exchanges. You can also exchange one BlackCoin for 0.00000118 bitcoin(s) on major exchanges. The value (or market capitalization) of all available BlackCoin in U.S. dollars is $2.83 million.
What hashing algorithm does BlackCoin use?
BlackCoin is a proof of stake (PoS) coin that uses the Proof of Stake algorithm.
How do I mine BlackCoin?
BlackCoin is a proof-of-stake (PoS) currency, which means that blocks on the BlackCoin blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.
What coins are similar to BlackCoin?
The following coins use the same hashing algorithm (Proof of Stake) as BlackCoin: Waves, Qtum, WhiteCoin, Lisk, BitBay, Sentinel Protocol, Neblio, Nxt, Radium, Blocknet, DubaiCoin, TransferCoin, NuShares, Energycoin and Global Currency Reserve.
What is the Reddit page for BlackCoin?
The official Reddit community (subreddit) for BlackCoin is r/blackcoin.
MarketBeat Community Rating for BlackCoin (BLK)MarketBeat's community ratings are surveys of what our community members think about BlackCoin and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
BlackCoin (BLK) Price Chart for Monday, August, 2, 2021
BlackCoin (BLK) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as BlackCoin. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "BlackCoin Coin" over the last 90 days.
BlackCoin (BLK) Website Traffic
BlackCoin (BLK) Social Media Trends
BlackCoin (BLK) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com