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ChronosCoin (CRX)

$ 1.99
0.57 %
Main info
News
Comments
Markets
Analytics
Market cap
$169.16K
0.57 %
Volume (24h)
$59.79
0.57 %
Circulating supply
85,000 CRX
Total supply
100,000 CRX
Max. supply
100,000 CRX

Key data

updated $0
Market cap$169.16K
Volume 24h$59.79
Circulating supply85K85% of max 100K

ChronosCoin (ticker CRX) is a mineable cryptocurrency that runs on a hybrid PoW/PoS consensus mechanism. In plain terms, it's a decentralized digital coin that can be obtained either by mining or by holding coins in a wallet to earn staking rewards. Like most cryptocurrencies, it operates without a central authority, with transactions verified by the network itself.

Frequently asked questions

What is ChronosCoin and how is it different from Bitcoin?

ChronosCoin (CRX) is a decentralized cryptocurrency that, unlike Bitcoin's pure proof-of-work model, uses a hybrid PoW/PoS system. This means the network is secured both by miners solving computational puzzles and by holders staking their coins. The project's official website is http://chronos-coin.com/.

How does the hybrid PoW/PoS consensus work?

In a hybrid system, blocks are produced through two mechanisms: miners compete via proof-of-work, while coin holders can stake their CRX to help validate blocks and earn rewards. This combination aims to make the network more secure and energy-efficient than pure PoW. It also gives regular holders a way to participate in securing the chain without mining hardware.

How is CRX issued and can it be mined?

Yes, ChronosCoin is mineable — new coins enter circulation as rewards for mining and staking activity. The hybrid model means emission comes from two sources: block rewards for miners and staking rewards for coin holders. Specific reward rates and supply details can be found on the project's official website.

How can I store and use ChronosCoin?

CRX is stored in a cryptocurrency wallet that supports the coin — typically the official wallet from the project's site or a compatible desktop wallet. Keeping the wallet online enables staking, which lets you earn additional coins passively. As with any crypto, safeguard your private keys and seed phrase, since losing them means losing access to your funds.