Description
BlackCoin (BLK) launched in 2014 and evolved from Proof of Work to a unique Proof of Stake cryptocurrency, designed to enhance security and efficiency. With wallet functionality that allows unlocking solely for staking, BlackCoin promotes network stability through continuous user rewards. Key specifications include a minimum transaction fee of 0.0001 BLK, a block time target of 64 seconds, and a PoS block reward of 1.5 BLK plus fees. Staking rewards are proportional to balance and duration, offering around 5% interest annually. BlackCoin is highly secure, having addressed SSL heartbeat, transaction malleability, and implemented BIP66. The coin's total supply is 62,643,496.82 BLK, with a 0.95% inflation rate. It trades on 12 markets, with a current price of $0.04608607 and a daily volume of $477.55. BlackCoin is an attractive option for long-term investment due to its robust staking rewards and security focus, supporting blockchain integrity effectively. More details can be found on the official [BlackCoin website](https://blackcoin.org/).
BlackCoin (BLK) launched in 2014 and evolved from Proof of Work to a unique Proof of Stake cryptocurrency, designed to enhance security and efficiency. With wallet functionality that allows unlocking solely for staking, BlackCoin promotes network stability through continuous user rewards. Key specifications include a minimum transaction fee of 0.0001 BLK, a block time target of 64 seconds, and a PoS block reward of 1.5 BLK plus fees. Staking rewards are proportional to balance and duration, offering around 5% interest annually. BlackCoin is highly secure, having addressed SSL heartbeat, transaction malleability, and implemented BIP66. The coin's total supply is 62,643,496.82 BLK, with a 0.95% inflation rate. It trades on 12 markets, with a current price of $0.04608607 and a daily volume of $477.55. BlackCoin is an attractive option for long-term investment due to its robust staking rewards and security focus, supporting blockchain integrity effectively. More details can be found on the official [BlackCoin website](https://blackcoin.org/).
