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Cryptocurrencies: 23240
Exchanges: 113
Market Cap: $$3.27T
24h Vol: $115.10B
Dominance: BTC: 62.8% ETH: 9.1%
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Slimcoin (SLM) adopts the hybrid mining method of PoB+PoW+PoS for the first time. Its pioneering PoB burning mining method has attracted much attention because it allows everyone to mine fairly without the need for strong computing power. The PoB burning mining method is to compete for new blocks by burning (destroying) the held SLM. The more you burn, the higher the probability of mining. Its PoW mining method uses the Dcrypt algorithm to resist ASIC mining machines. 90 seconds per block, PoW rewards 50 per block, PoB rewards 250 per block, with a total of 250 million pieces. Released on 2014-05-29.