
PWR Coin (PWRC) - BTC
Ƀ 0.000000001
3 years ago
0.00%
Mkt. Cap.
-
Vol. 24H
PWRC 0
(Ƀ 0)
Open 24h
Ƀ 0.000000001
Low/High 24h
Ƀ 0.000000001
-
Ƀ 0.000000001
Due to the 'PWR' ticker's prior association with a more prominent asset, the PWR Coin Token uses the alternative ticker 'PWRC' for clear identification.
Whitepaper
Launch Date
2016-05-06
Max Supply
Not Applicable
Total Supply
-
Circulating Supply
-
Mkt. Cap. Penalty
0 %
Website
Consensus Mechanisms
Proof of Work, Proof of Stake
Hashing Algorithms
Nist5
Block Nr.
-
Block Reward
-
Network H/s
-
PWR Coin, initially branded as Powercoin with the ticker PWR, is a cryptocurrency aiming to provide an alternative payment method for online shopping. Released on May 18, 2016, it utilises a hybrid model of both proof of stake (PoS) and proof of work (PoW) based on the GPU-mined NIST5 algorithm. This hybrid model was designed to make mining accessible for users with GPUs, compared to Bitcoin's ASIC mining. PWR Coin is primarily used as a payment method for e-commerce platforms. The development team created PWR PAY, a plugin allowing online stores to accept PWR Coin as a payment option. Initially launched for WooCommerce/WordPress, PWR PAY facilitates seamless transactions with low fees. The plugin plans to expand to platforms like Shopify, Magento, Opencart, Prestashop, and Zencart. It also benefits installers by enabling staking rewards on wallet balances, adding profitability for e-commerce sites that implement it.