InflationCoin (IFLT)
Key data
updated $0InflationCoin (ticker IFLT) is a cryptocurrency that runs on a hybrid consensus system combining Proof of Work and Proof of Proof of Stake. In simple terms, it's a digital coin maintained by two groups of participants at once: miners who process transactions with computing power and holders who support the network by staking their coins. The hybrid approach is designed to distribute network security between both groups rather than relying on just one method.
Frequently asked questions
What is InflationCoin and how is it different from Bitcoin?
InflationCoin (IFLT) is a decentralized cryptocurrency that, unlike Bitcoin's pure Proof of Work model, uses a hybrid PoW/PoS consensus. This means the network is secured both by miners solving cryptographic puzzles and by coin holders staking their balances. The idea is to avoid the energy-intensity of pure mining while still keeping the network distributed and resistant to centralization.
How does the hybrid PoW/PoS consensus of InflationCoin work?
Transactions are validated in two ways: miners compete to create new blocks using computational power, while stakers are selected to mint or confirm blocks based on the amount of coins they hold and lock. Because an attacker would need to control both hashing power and a large share of staked coins, the hybrid model adds an extra layer of security compared to using either mechanism alone.
How is the supply of InflationCoin issued?
New IFLT coins enter circulation as block rewards, split between the miners and stakers who secure the network. The name reflects a tokenomics philosophy built around ongoing emission rather than a hard-capped supply like Bitcoin's 21 million. For the exact current supply figures and reward rates, check the live market data on this page or the project's official documentation.
How can I store and use InflationCoin?
IFLT can be stored in wallets that support the coin's blockchain — typically the official desktop wallet, which also enables staking, or compatible third-party wallets. Beyond holding, you can stake coins to earn rewards for helping secure the network, or transfer them to other users like any cryptocurrency. Always download wallets only from official sources and back up your private keys.