Details about BitcoinStaking cryptocurrency
BitcoinStaking
BSK
Unknown for now
2020-10-08
Proof of Stake
3
€1,972,533 ( 0%)
€16
14,099,975
14,099,975
1
Unknown
https://bitcoinstaking.github.io/
@Bitcoin_Staking
BitcoinStakingDecentralized
183018x
€28195
BitcoinStaking price charts
BSK exchanges
BitcoinStaking, the crypto
BitcoinStaking (BTCS) is a decentralized cryptocurrency that utilizes the Proof-of-Stake (PoS) consensus algorithm to validate transactions and create new blocks on its blockchain network. It was created to offer an alternative, eco-friendly way of mining new coins compared to the energy-intensive Proof-of-Work (PoW) algorithm used by Bitcoin and other digital currencies.
The point
The main point of BitcoinStaking (BTCS) is to create a more energy-efficient and sustainable way to mine and validate cryptocurrency transactions. By using the PoS algorithm, users can help secure the network and earn new coins as a reward, without the need for expensive and power-hungry mining equipment.
The problem
BitcoinStaking (BTCS) aims to solve the problem of high energy consumption and environmental damage caused by traditional crypto mining methods. By using the PoS algorithm, it eliminates the need for resource-intensive mining and makes cryptocurrency mining accessible to a wider range of users. It also aims to create a more sustainable and eco-friendly cryptocurrency network that can compete with other popular digital currencies.
Compare BTCS and BTC performance
Timeframe | BTCS | BTC |
---|---|---|
1h change | 0 % | 0.153764 % |
24h change | 0 % | 0.0917419 % |
7 day change | 0 % | -0.385484 % |
14 day change | 0 % | -2.43355 % |
30 day change | -37.38 % | -4.92558 % |
200 day change | -78.95 % | 120.812 % |
Year change | 0 % | 123.253 % |