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Block-Logic (BLTG) Frequently Asked Questions
What is Block-Logic?
As of July 2018, Block-Logic Technology Group and the token BLTG has been created from the Bitcoin-Lightning project. After a community-wide vote, it was decided that the project should be managed by community members rather than the original developers. The name was changed to avoid confusion with other similarly named projects and to better represent the vision and goals of the new project. All services will be made accessible through industry standard Application Programming Interfaces (API), enabling the integration between not only products developed by Block-Logic but also partners and 3rd party developers. Reward Allocation Reduction:"Every six months (or 262,080 blocks) the rewards per Block will be reduced by 1 until rewards per block are at 5. Rewards percentages for Masternodes, Staking and Governance will remain the same. It is expected that when the rewards are reduced to 5, the supply to the network will be sustainable and the increase or decrease of supply will be negligible to the number of tokens in circulation year on year. Block-Logic reserves the right to revisit and adjust the tokenomics annually." (Description provided by CryptoCompare)
How do I buy Block-Logic?
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 Block-Logic.
Where can I get Block-Logic wallet?
Block-Logic produces its own wallet software that is available for download on its website, which allows you to store Block-Logic 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 Block-Logic?
One Block-Logic (BLTG) is currently worth $0.03 on major cryptocurrency exchanges. You can also exchange one Block-Logic for 0.00000086 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Block-Logic in U.S. dollars is $700,076.22.
What hashing algorithm does Block-Logic use?
Block-Logic is a proof of work (PoW) coin that uses the
How do I mine Block-Logic?
Block-Logic can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Block-Logic and access to a mining pool that pools your effort with other miners and a wallet to store the Block-Logic that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.
What coins are similar to Block-Logic?
The following coins use the same hashing algorithm (Scrypt) as Block-Logic: Metrix Coin, TerraCredit, Quiztok, Shard, FLO, ChronoCoin, BOScoin, PirateCash, Actinium, Cashbery Coin, CREDIT, Nasdacoin, MMOCoin, Beetle Coin and Arepacoin.
MarketBeat Community Rating for Block-Logic (BLTG)MarketBeat's community ratings are surveys of what our community members think about Block-Logic 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.
Block-Logic (BLTG) Price Chart for Sunday, June, 13, 2021
Block-Logic (BLTG) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Block-Logic. 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 "Block-Logic Coin" over the last 90 days.
Block-Logic (BLTG) Website Traffic
Block-Logic (BLTG) Social Media Trends
Block-Logic (BLTG) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com