Looking for VeriCoin? Find VRC Price, Exchanges, Reviews, Chart, Historical Data & VRC Marketcap
VeriCoin (VRC) Ranked 869 in Coin Market Daddy Currencies Index. VeriCoin (VRC) price is $0.051064. It has a current circulating supply of 32,043,730 VRC and a Marketcap of $1.64M. Today VeriCoin price is down (-0.64%). $3.45K worth of VeriCoin (VRC) has been traded in the past 24 hours. VeriCoin (VRC) currency type is coin (mineable). VRC trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update VeriCoin (VRC) and contribute to CMD Cryptocurrency Encyclopedia.
VRC was designed to reduce the PoW phase and enter PoST phase quickly. With a steady block reward and block time of sixty seconds, the PoW phase finished after the first few weeks of launch - 10/05/2014. The PoST interest rate is dynamic and depends on how much the coin is held and staked in the PoST. The dynamic interest rate is pegged at a sensible level of between 0-3% roughly. The PoST interest is gained through transaction fees which are also distributed to the Vericoin fund - to aid in development and promotion of the currency. There was no premine.