StableCoin

SBC

StableCoin

Coin Code: SBC

Hashing Algorithm: Scrypt

Description:

Extensive testing using network simulation software has shown that 40 seconds is the optimal block time. This allows ample time for blocks to propagate across the entire network. It gives us fast confirmations, while minimizing orphans and forking issues that we saw affect faster coins like WorldCoin and FastCoin. Long term, it will also help keep blockchain bloat down. Our testing has shown that a block time lower than 40 second makes a coin unsuitable for long term stability and growth. We recognize the desperate need for a fast confirming coin, and offer the sweet spot between speed and stability.

Coin Details

Coin Market CAP:$3197.34512822 USD
Coin Price:$0.00 USD
Coin in Existence:23,882,707
Coin Position (CAP):445
Block Count:747780 Blocks
Block time:60 secs
Block Reward:25.00000000
Mining Difficulty3.31253312
Profit Ratio:0.00000000
Profit Ratio Avg:0.00000000

Specifications:

  • Block reward is 25 coins per block, with a block target time of 40 seconds.
  • Difficulty will be recalculated every 90 blocks, which is much lower than other coin releases.
  • It allows the network to find it's natural difficulty much faster, ensuring a fair and accurate spread of coins.
  • It prevents blockchain stalling from ever happening. No one likes having to issue a hardfork.

Market Prices

Exchange Currency Pair Last Price
Cryptsy SBC/BTC 0.00000040
Cryptsy SBC/LTC 0.00003855
Bittrex BTC-SBC 0.00000520
Bittrex LTC-SBC 0.00000000

Last 1000 Transactions


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