HalalChain Rank 1069
$0.001761
HalalChain Rank 1069
Website Twitter
389,009,995 HLC

HalalChain
HalalChain
HLC

HalalChain Price
$0.00

HalalChain 24h Vol
$41,296

HalalChain Market Cap
$684,932

24h Vol
4 BTC
1 H
2 %
24 H
14.83 %
7 d
-22.73 %
Today HalalChain price in US dollars is currently 0.0018 USD, and if converted to Bitcoin is 0.00000019 BTC. A total of 74 coin's are currently circulating in the Market. HalalChain prices are currently experiencing a change of 14.83 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars HalalChain has been traded on Crypto Exchanges. Get HalalChain's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
HalalChain
Symbol
HLC
Algorithm
ETH Token
BTC Price
0.00000019 BTC
BTC Market
74 BTC
BTC 24h Vol
4 BTC
Total Coins Mined
389,009,995 HLC
1h
2 %
24h
14.83 %
7d
-22.73 %
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Website
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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.


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