Details about Joulecoin cryptocurrency
Joulecoin
XJO
1+ (click to see list)
2013-09-22
SHA-256
€28,995 ( 0%)
€1
45,000,000
41,768,211
1
Unknown
http://www.jouleco.in/
@joulecoin
16037000x
€11132.7
Joulecoin price charts
XJO exchanges
Joulecoin, the crypto
Joulecoin (XJO) is a cryptocurrency that was launched in 2013 as a CPU-only coin, meaning that it could be mined on any computer with a central processing unit (CPU) without the need for expensive graphics processing units (GPUs) or application-specific integrated circuits (ASICs). Joulecoin uses a hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanism and has a block time of 120 seconds.
The point
The main goal of Joulecoin is to be a fast and energy-efficient cryptocurrency that can be mined by anyone with a CPU, without the need for specialized hardware or excessive energy consumption. Joulecoin also aims to be a secure and decentralized means of payment that offers low transaction fees and fast confirmation times.
The problem
Joulecoin tries to solve two main problems in the cryptocurrency space: the energy consumption and centralization of mining that is often associated with proof-of-work (PoW) cryptocurrencies, and the inefficiency and lack of security that can be present in some proof-of-stake (PoS) cryptocurrencies. By using a hybrid PoW/PoS mechanism, Joulecoin seeks to offer a balance between security, energy efficiency, and decentralization, while remaining accessible to CPU miners and offering fast transaction times and low fees.
Compare XJO and BTC performance
Timeframe | XJO | BTC |
---|---|---|
1h change | 0 % | 1.76782 % |
24h change | 0 % | 8.88814 % |
7 day change | 0 % | 1.81836 % |
14 day change | 0 % | 0.147984 % |
30 day change | 0 % | -2.1018 % |
200 day change | 21.87 % | 120.78 % |
Year change | -47.52 % | 125.798 % |