
Craftcoin (CRAFT)
Key data
updated $0Craftcoin (CRAFT) is a cryptocurrency that runs on a hybrid consensus system, combining both Proof-of-Work and Proof-of-Stake. In simple terms, it's a digital coin you can mine, stake, or send to other people without going through a bank. Like most cryptocurrencies, it lives on its own blockchain, which keeps a shared record of every transaction.
Frequently asked questions
What is Craftcoin and how is it different from Bitcoin?
Craftcoin (CRAFT) is a standalone cryptocurrency with its own blockchain. Its main difference from Bitcoin is the consensus mechanism: instead of relying purely on Proof-of-Work mining, Craftcoin uses a hybrid PoW/PoS model. This means the network is secured by both miners and coin holders who stake their coins.
How does the hybrid PoW/PoS consensus work?
Hybrid PoW/PoS means the blockchain is protected in two ways at once. Miners solve computational puzzles (Proof-of-Work) to create new blocks, while stakers lock up their coins (Proof-of-Stake) to validate and secure transactions. The combination is designed to make the network more resistant to attacks than either method alone.
How many Craftcoin coins exist and how is supply issued?
Craftcoin has a hard cap of 100,000,000 coins, meaning no more than that will ever be created. New coins enter circulation gradually through block rewards earned by miners and stakers. This fixed maximum supply is written into the protocol and can't be changed casually.
How can I store and use CRAFT coins?
CRAFT is stored in a cryptocurrency wallet that supports the coin — typically the official desktop wallet or any compatible wallet for its blockchain. From there you can send and receive coins, stake them to earn rewards, or mine if you have the right setup. Always double-check addresses and download wallets only from official sources.