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Key data
updated $0Market cap$1.25M
Volume 24h$97.04K
Circulating supply647.87M81% of max 800M
Denarius (D) is a hybrid cryptocurrency combining Proof of Work (PoW) and Proof of Stake (PoS) for security and efficiency. It's mineable and focuses on privacy and fast transactions. Think of it as a decentralized digital cash system with optional anonymity features.
Frequently asked questions
What is Denarius and how is it different?
Denarius (D) is a hybrid PoW/PoS cryptocurrency offering optional privacy features via Cryptonote tech. Unlike pure privacy coins, it balances transparency and anonymity, with faster block times than Bitcoin.
How does Denarius' consensus mechanism work?
It uses both mining (PoW) for new coin distribution and staking (PoS) for network security. Miners create blocks initially, then stakeholders validate transactions after 90 days of maturity.
How are new Denarius coins created?
Through mining (PoW) until the 10 million coin cap is reached, with decreasing rewards. After mining ends, only PoS staking rewards will exist at 3% annual inflation.
How to store and use Denarius?
Use official wallets (Tritium, Electrum-D) for full features including staking. For daily use, lightweight mobile wallets work, while hardware wallet support varies.