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Galactrum

Galactrum (ORE)

$ 0.00
0.12 %
Main info
News
Comments
Markets
Analytics
Volume (24h)
$4.14
0.12 %
Total supply
309,365,318 ORE
Max. supply
1,060,000,000 ORE

About Galactrum

Community Governance

Anyone can propose improvement projects and receive ORE to accomplish their goals. Community members have the ability to vote on the proposals. Our model of self-funding puts the future of Galactrum into the hands of the community. A portion of every block is set aside for improvement projects. Masternode owners are granted a vote on these projects. This democratic mechanism ensures perpetual community engagement and advancement.

Masternodes and Mining

Masternodes strengthen the network and in return generate ORE for their owners. Operating a masternode is easy to setup up and requires little-to-no maintenance. Mining ORE is optimized for graphics cards thanks its advanced Lyra2v2 algorithm. This optimization creates an ASIC-resistant blockchain.

Decentralized Autonomy

Self-governance removes third-party influence on the Galactrum DAO (decentralized autonomous organization).

Key data

updated $0
Market cap$0
Volume 24h$4.14

Galactrum (ORE) is a hybrid cryptocurrency combining Proof-of-Work (PoW) and Proof-of-Stake (PoS) mechanisms. It's mineable and focuses on decentralized transactions with enhanced security features. The ticker ORE represents its digital asset in trading.

Frequently asked questions

What is Galactrum and how is it different?

Galactrum is a hybrid PoW/PoS cryptocurrency offering both mining and staking options. Unlike pure PoW coins, it transitions to energy-efficient PoS after initial distribution, combining security with sustainability.

How does Galactrum's consensus mechanism work?

It starts with PoW mining for fair distribution, then shifts primarily to PoS where users earn rewards by staking coins in their wallets. This dual approach balances decentralization with energy efficiency.

How are new ORE coins created?

New coins are initially mined via PoW (like Bitcoin), then generated through PoS staking. The total supply is capped, with decreasing rewards over time to control inflation.

How to store and use Galactrum?

Use the official Galactrum wallet for storage and staking. ORE can be traded on supported exchanges or used for transactions within its ecosystem.