BlakeStar BLAS

Decentralized Digital Currency

BlakeStar is a cryptocurrency with a focus on high performance, longevity, and adoption by services.

Proof Type: Proof of Work (PoW)

USD: $0.0052
1h: ▼0% 24h: ▲1.58% 7d: ▼7.74%
BTC: 0.00000052 BTC

All Time High: $0.0083 6 years ago
Current price is -37 % from ATH

Market

Cap: -
Vol 24h: $45.04

Supply

Total: 2 400 000 000 BLAS (1,000.0%)
Max: 240 000 000 BLAS

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Explorers

blakestar.thecryptochat.net

Social

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About BlakeStar

BlakeStar is one of the first cryptocurrencies to use the Blake2s hashing algorithm. Blake2s itself is a high speed optimized cryptographic hashing algorithm used for Proof-of-Work and Proof-of-Stake hashes in BlakeStar for performance with low load. BlakeStar uses Proof-of-Work, but unlike Bitcoin it is configured to transition to Proof-of-Stake, when small numbers of coins will be issued yearly for staking. Staking will be 10% per year. The advantage of transitioning to Proof-of-Stake is to avoid the centralized mining pools that may eventually threaten Bitcoin with a 51% attack. Most Bitcoin mining has been centralized in China, which is not necessarily a good thing for the currency. Proof-of-Stake is known to discourage centralized mining pools. This makes BlakeStar ideally suited for dedicated staking devices and low-power/low-spec systems.

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Twitter Stats

Followers: 25
Lists: 1
Favourites: 4
Update Frequency: 0.0 statuses/day
Created: 6 years ago