Zetacoin

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Description

Zetacoin is an open-source cryptocurrency based on the Bitcoin protocol, designed for faster transactions and quicker difficulty adjustments. Launched with an initial supply of 160 million coins and an annual inflation of 1 million coins, it currently has a total supply of 59,782,397.86149199 coins. Despite its aim to enhance transaction speed and efficient mining, there are no coins in circulation and no trading volume reported in the last 24 hours. Zetacoin is traded on one active market and has seen a 0.17% price increase to 0.00066791 USD. Visit http://www.zetac.org/ for more details.

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FAQ

What is Zetacoin and its primary purpose?

Zetacoin is an open-source cryptocurrency based on the Bitcoin protocol. Its primary purpose is to offer faster transaction times and quicker difficulty adjustments compared to Bitcoin, making it more suitable for everyday transactions. Launched with an initial mining supply of 160 million coins, it features a yearly inflation of 1 million coins, emphasizing speed and mining efficiency.

How does Zetacoin compare to Bitcoin?

Zetacoin differentiates itself from Bitcoin by offering faster transaction times and more rapid difficulty adjustments. These features make Zetacoin a more practical choice for everyday transactions. While Zetacoin utilizes the same sha-256 Proof of Work (PoW) algorithm as Bitcoin, its efficient mining process and increased speed offer unique advantages.

What benefits does Zetacoin provide to users?

Zetacoin provides several benefits, including enhanced transaction speeds that facilitate rapid transfers, making it suitable for daily use. Its efficient mining process ensures energy-efficient coin generation. Additionally, as an open-source cryptocurrency, Zetacoin emphasizes decentralization and cryptographic security, offering users a secure and transparent digital currency experience.

What are the details of Zetacoin's tokenomics?

Initially, Zetacoin launched with a mining supply of 160 million coins, with an annual inflation rate of 1 million coins. As of the latest data, the total supply stands at 59,782,397.86149199 coins, with none currently reported in circulation. The coin's market price is 0.00066791 USD, with a recent increase of 0.17% in value.

How can users mine Zetacoin?

Users can mine Zetacoin using the Proof of Work (PoW) consensus mechanism, specifically employing the sha-256 algorithm. This method allows users to generate ZET by validating and confirming transactions on the network. The efficient mining process of Zetacoin ensures it is more accessible and energy-efficient than many alternatives, appealing to miners seeking quick difficulty adjustments.

What should I do if I experience issues with Zetacoin transactions?

If you encounter issues with Zetacoin transactions, first verify your internet connection and ensure that your cryptocurrency wallet is up to date. Check for any network status updates on Zetacoin's official website or community forums. If problems persist, consider reaching out to the support channels or community for assistance with troubleshooting specific issues.

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