DAOstack GEN - Cryptocurrency Price, Charts, Market Cap

DAOstack GEN - Cryptocurrency Price, Charts, Market Cap

Genstake (GEN) price charts, high low price, graph history, live trade market, market cap value, latest news and other info. GEN to USD (GEN/USD). DAOstack price ✓ $ $0.058 USD (7.38 %) DAOstack Stay up to date with the current price of DAOstack .
Genstake (GEN) CryptoRank 548
Website
N/A

Genstake (GEN)
DAOstack
GEN Values GEN

Genstake (GEN) valuesUSD Price
$0.058

Genstake (GEN) BTC Price
0.0000057

Genstake (GEN) 24h Vol
$12,549

Genstake (GEN) Market Cap
$2.38 M

Genstake (GEN) Circulating
41,295,043

24h Vol
1 BTC
1 Hr
0.04 %
24 Hr
7.38 %
7 Day
2.36 %
Today Genstake (GEN) price in US dollars is currently $0.058 USD, and if converted to Bitcoin is 0.0000057 BTC. Genstake (GEN) prices are currently changing by 7.38% , with total coins in circulation totaling 234 coin's . Over the past 24 hours $12,549 US dollars Genstake (GEN) has been traded on Crypto Exchanges and 9 total market cap pairs. Get Genstake (GEN)'s progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Genstake (GEN)
Start Date
2015-03-06
Algorithm
Scrypt
Proof Type
PoW/P
Facebook
N/A
Genstake (GEN) Block NumberBlock Number
N/A
Genstake (GEN) Block TimeBlock Time
N/A
Genstake (GEN) Block RewardBlock Reward
N/A
Total Mined
41,295,043 GEN
Max Supply
0
Genstake (GEN) Net Hashes Net Hashes
N/A
GEN Charts

Genstake (GEN) Price Charts

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Description

Genstake (GEN) Description

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. 

Technology

Genstake (GEN) Technology

Sorry, detailed technology about Genstake (GEN) is not currently available

Features

Genstake (GEN) Features

Sorry, detailed features about Genstake (GEN) is not currently available

Quick Stats
DAOstack Rank 548
DAOstack Price $0.058
DAOstack Price (BTC) ฿ 0.0000057
24h Vol$ 12,549
Market Cap$ 2,384,507
1h
0.04 %
24h 7.38 %
7d
2.36 %
Coin Details
NameGenstake (GEN)
SymbolGEN
Start Date 2015-03-06
Total Mined 60,000,000
Previous Mined -
Net Hashes 0
Algorithm Scrypt
Proof Type PoW/P
White Paper -
Top Coins
NamePrice24h
1. BTC $10,164.37 1.72 %
2. ETH $191.62 3.17 %
3. XRP $0.27 2.24 %
4. BCH $309.26 3.29 %
5. LTC $73.72 1.74 %
Top Gainers
NamePrice24h
312. BDT $0.12 9758.94 %
773. SHMN $0.57 422.62 %
1393. FMF $0.00034 245.05 %
544. VIT $0.0062 210.49 %
73. RHOC $0.18 201.59 %
Top Losers
NamePrice24h
2219. GOD $0.45 -94.93 %
1359. ZEUS $0.0000030 -92.98 %
2192. UNI $0.61 -85.94 %
1566. CYFM $0.0000020 -81.97 %
1746. AVINOC $0.000063 -79.94 %
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