HLC
Qitmeer Rank 876
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389,009,995 HLC
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Qitmeer
Qitmeer Price $0.00
$0.00
Qitmeer 24h Vol
$4,459
$4,459
Qitmeer Market Cap $650,227
$650,227
24h Vol
1 BTC1 H
-9.98 %
24 H
-47.08 %
7 d
-50.64 %
Today Qitmeer price in US dollars is currently
0.0017
USD, and if converted to Bitcoin is
0.00000038
BTC. A total of 146 coin's are currently circulating in the Market. Qitmeer prices are currently experiencing a change of -47.08 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars Qitmeer has been traded on Crypto Exchanges. Get Qitmeer's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Qitmeer
Symbol
HLC
Algorithm
ETH Token
BTC Price
0.00000038 BTC
BTC Market
146 BTC
BTC 24h Vol
1 BTC
Total Coins Mined
389,009,995 HLC
1h
-9.98 %
24h
-47.08 %
7d
-50.64 %
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Description
Description
Qitmeer is a public chain based on Block DAG which is dedicated to serving the ecosystem of Inclusive finance and Islamic Finance. In contrast to the competition model, BlockDAG’s collaboration model in the mining achieves a desirable balance of typical blockchain metrics among the security, openness, fairness, and scalability. Qitmeer adopts a classic POW consensus and UTXO data model and designs a unique asset issuing mechanism which requires the reserve of the base currency, which is in line with core ethical financial values. HLC is ERC20 Token of Qitmeer Network.
Features
Features
Mining Pool Resistance
Mining pools centralization is the consequence of high opportunity cost, which is the consequence of the competition model. Qitmeer’s BlockDAG-based protocol SPECTRE is a collaboration model, the opportunity cost of standalone mining is equal to that of pool mining, so it will not be necessary to join a mining pool, which would lead to the risk of centralization.
Anti-ASIC Mining Algorithm
Cuckoo Cycle is a graph-theoretic proof-of-work algorithm and prevails for ASIC resistance. Qitmeer employs this algorithm to guarantee that no one has too much mining efficiency advantage.
