What algorithm is Antcoin (the latest price of Antcoin)?
What algorithm is Antcoin? According to official news from Antcoin, Antcoin is a
What algorithm is Antcoin? According to official news from Antcoin, Antcoin is a blockchain-based cryptocurrency, characterized by the absence of centralized institutions participating and controlling. According to the official website of Antcoin, the algorithm was launched by Bitmain and went live on the test network in June of last year. It aims to reduce the production time of Bitcoin through mining. However, due to the fact that block rewards are controlled by major holders rather than exchanges bearing the costs of computing power, the total circulation and quantity of Bitcoin in the market are limited and very small.
The latest price of Antcoin
According to the latest price of Antcoin (TokenPoW), as of 12:00 pm on July 19, 2020, the total issuance of Antcoin is 100 million and the market capitalization is approximately 300 million US dollars.
It is reported that Antcoin is invested and developed by Ant Group’s Ant Ecology Fund, and it is currently in the early stage of the digital currency field. Antcoin will continue to improve its product and service quality through technological upgrades and community autonomy, in order to meet the growing demands of users and the expanding market size of the blockchain industry.
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