- About ECOChainWhat is ECOChainECOChain, also known as a decentralized public chain, describes itself as a permissionless, secure, scalable blockchain. - It aims to offer all advantages of a public blockchain: immutability, transparency, transaction capability. - Additionally, embedding a virtual machine VM, it makes it a platform to host Turing complete code smart contracts. - It is the bridge that connects applied technology and realworld markets based on blockchain. - It aims to offer a brandnew solution for the economy and businesses. - ECOChain was initiated by an international blockchain team that uses blockchain technology as a basis to explore the integration of the global economic market and the blockchain world and also build a global decentralized distributed ecosystem.What is the Value of ECOChainECOChain is a decentralized public blockchain which aims to provide security and scalability, running ProofofStake consensus and supporting smart contracts by using Virtual Machine VM as executor. - Moreover, it reportedly offers high transaction speeds 560 TPS & short block creation times 32 seconds for faster confirmation of transactions. - ECOChain aims to work as the bridge which connects applied technology and realworld markets on blockchain technology.How do you mine ECOCECOC is based on a ProofofStake system PoS which encourages more nodes to take part in the consensus algorithm and makes blockchain more decentralized as it has no mining cartels. - Blocks are created on the blockchain every 32 seconds and a winning node receives 50 ECOCs as a block reward. - Staking is necessary to motivate coin holders to run a full node. - Running a node decentralizes it and makes it more secure. - There is a small cost to run a node server cost, so the reward must be greater than this. - The staking reward is also a compensation for the risk of the investor.How do you buy ECOCYou can buy ECOC through any cryptocurrency exchange that supports ECOC or visit to see the list of trading venues for this asset..
Summary of the coin Ecochain
highest price statistics: 6.18 $USD
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