3492 cryptocurrencies
Total Market Cap Rp139,098,360,778.20B
24h Total Volume Rp102,438.26B

Genstake Genstake star

Rp35.88
33.61 (1,478.95%)

Genstake is about trying something different with staking. Staking was designed originally to yield a percentage of a coinholder's total coins over time, every year, in exchange for supporting the network. Developers walk a fine line between coding high interest percentages to entice holders to stake to support the network while trying to keep the interest percentages low enough that inflation doesn't kill the coin. People have become accustomed to 'Mining Periods' of hyper inflation where the initial coinbase is established, after which mining becomes impossible and the network relies entirely on holders to stake in order to maintain the network and process transactions. 

Genstake aims to change all that. With Genstake, staking blocks doesn't give you interest on the coins you already have; staking blocks gives you a full block reward. Effectively, each of your coins becomes a little mining rig on the network, working diligently to mine you more coins. Gone are the days of 0.02 coins for staking a block. Staking a block with Genstake produces 20 Gencoins. 

Visit website open_in_new
Market share 0.00%
Proof type PoW/PoS
24h Open Rp2.27
24h Low Rp2.27
24h High Rp35.88
Harga Dalam BTC 0.00000031985068 BTC
Current Supply 60,000,000 GEN
Market cap Rp2,153,075,933
24h Volume (coin) 100 GEN
24h Volume (currency) Rp3,577
24h Total volume (coin) 100 GEN
24h Total volume (currency) Rp3.58K
Last updated 2020-01-12 16:00:18 +00:00 GMT
Date Harga Volume