DAOstack GEN Price, Charts, Market Cap & Metrics Info - LiveCointrackers

DAOstack GEN Price, Charts, Market Cap & Metrics Info - LiveCointrackers

Genstake (GEN) CryptoRank 622
Website
N/A

Genstake (GEN)
DAOstack
GEN Values GEN

Genstake (GEN) valuesUSD Price
$0.064

Genstake (GEN) BTC Price
0.0000078

Genstake (GEN) 24h Vol
1,377

Genstake (GEN) Market Cap
2.63 M

Genstake (GEN) Circulating
41,295,043

24h Vol
0 BTC
1 Hr
-0.33 %
24 Hr
-8.04 %
7 Day
-4.49 %
Today Genstake (GEN) price in US dollars is currently $0.064 USD, and if converted to Bitcoin is 0.0000078 BTC. Genstake (GEN) prices are currently changing by -8.04 % , with total coins in circulation totaling 321 coins . Over the past 24 hours, 1,377 US dollars Genstake (GEN) has been traded on Crypto Exchanges with 9 total market cap pairs. Get Genstake (GEN) progress by adding it to your favorites 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

Analysis

Genstake (GEN) Analysis

Quick Stats
DAOstack Rank 622
DAOstack Price $0.064
DAOstack Price (BTC) ฿ 0.0000078
24h Vol$ 1,377
Market Cap$ 2,628,926
1h
-0.33 %
24h -8.04 %
7d
-4.49 %
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 $8,201.04 -1.94 %
2. ETH $180.47 -3.20 %
3. XRP $0.29 -2.07 %
4. USDT $1.00 -0.12 %
5. BCH $224.80 -1.06 %
Top Gainers
NamePrice24h
2030. PLACO $0.000018 993.44 %
1027. PWR $0.000060 545.90 %
1519. HUR $0.00033 456.04 %
1857. CCN $0.000009 383.94 %
1573. DATP $0.0000060 358.33 %
Top Losers
NamePrice24h
1840. LINX $0.00041 -90.00 %
1817. NRP $0.0000020 -86.42 %
1409. RMT $0.00027 -86.36 %
2311. DRA $0.00016 -79.58 %
1691. CRAD $0.0026 -77.33 %
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