About GoldBlocks
GoldBlocks is a lite version of Bitcoin using X11 as a proof-of-work/proof-of-stake algorithm.
Market cap
$11.18K
0.44 %
Circulating supply
15,563,873 GB
Total supply
15,563,873 GB
GoldBlocks (GB)
$ 0.00
0.44 %
Main info
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Key data
updated $0Market cap$11.18K
Volume 24h$0
Circulating supply15.56M
GoldBlocks (GB) is a hybrid cryptocurrency combining Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanisms. It is mineable and designed to offer both security and energy efficiency. Think of it as a digital asset with dual-layered validation for transactions.
Frequently asked questions
What is GoldBlocks and how is it different?
GoldBlocks (GB) is a hybrid crypto using both PoW and PoS, offering security via mining (PoW) and energy efficiency via staking (PoS). Unlike pure PoW coins, it balances resource use and decentralization.
How does GoldBlocks' consensus mechanism work?
GB uses PoW for initial coin distribution (mining) and PoS for transaction validation (staking). Miners create blocks, while stakers secure the network and earn rewards by holding coins.
How are new GB coins created?
New coins are emitted through mining (PoW) and staking (PoS). Miners solve computational puzzles, while stakers earn rewards proportional to their held amount and staking duration.
How to store and use GoldBlocks?
Use the official wallet (from goldblocks.eu) for staking or secure third-party wallets supporting GB. Transactions include sending/receiving coins and participating in network validation via PoS.