Name : PowBlocks (XPB)
XPB Price : $0.027 -8.27%
Consensus Mechanism : Proof of Work
Volume: 7,045
Shariah Judgement
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Last Screening: Q4 2023
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Overview
PowBlocks is a decentralized layer-1 proof-of-work blockchain, specifically designed for the mining community. This indicates a focus on decentralization and mining efficiency. PowBlocks distinguishes itself with a unique emission model. The block rewards are reduced by 5% every 200,000 blocks, roughly equivalent to a monthly interval. This reduction model is designed to make the coin more valuable over time by decreasing the supply of new coins entering circulation.
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