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HoboNickels (HBN)

$ 0.00
4.13 %
Main info
News
Comments
Markets
Analytics
Market cap
$118.56K
4.13 %
Circulating supply
168,924,831 HBN
Total supply
168,924,831 HBN
Max. supply
167,149,694 HBN

Key data

updated $0
Market cap$118.56K
Volume 24h$0
Circulating supply168.92M100% of max 167.15M

HoboNickels (HBN) is a hybrid cryptocurrency that combines Proof-of-Work and Proof-of-Stake, meaning you can both mine it and earn rewards simply by holding coins in a wallet. It was designed as a fast, lightweight peer-to-peer digital currency for everyday transfers. Like most altcoins of its generation, it runs on its own independent blockchain rather than as a token on another platform.

Frequently asked questions

What is HoboNickels and how is it different from Bitcoin?

HoboNickels (HBN) is a mineable cryptocurrency with its own blockchain, but unlike Bitcoin it uses a hybrid PoW/PoS system instead of pure Proof-of-Work. This makes it more accessible: you can earn new coins either by mining or by staking the coins you already hold. It also targets faster transaction confirmation times than Bitcoin.

How does the HoboNickels consensus mechanism work?

HBN runs on a combination of Proof-of-Work and Proof-of-Stake. Miners solve cryptographic puzzles to add blocks, while coin holders can stake their balances in a wallet to earn block rewards. The hybrid design is intended to keep the network secure while reducing the energy demands of pure mining.

How is new HBN created?

New coins enter circulation through two channels: block rewards for miners and staking rewards for holders who keep their wallets open and unlocked for staking. Because it's mineable, the supply grows gradually over time rather than being issued all at once. The exact reward structure is defined in the coin's protocol.

How can I store and use HoboNickels?

HBN is stored in the official HoboNickels desktop wallet, which you can download from the project's site at hobonickels.info. Keeping the wallet running also lets you participate in staking and earn rewards. You can send and receive HBN like any other cryptocurrency, using wallet addresses for peer-to-peer transfers.