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Italocoin

Italocoin (ITA)

$ 0.06
0.36 %
Main info
News
Comments
Markets
Analytics
Market cap
$580.64K
0.36 %
Volume (24h)
$34.98K
0.36 %
Circulating supply
10,134,738 ITA
Total supply
29,985,000 ITA
Max. supply
30,000,000 ITA

Key data

updated $0
Market cap$580.64K
Volume 24h$34.98K
Circulating supply10.13M34% of max 30M

Italocoin (ticker ITA) is a proof-of-work cryptocurrency — the same basic technology behind Bitcoin. In plain terms, it's a decentralized digital coin where transactions are verified by miners competing to solve cryptographic puzzles. You can find official information about the project at its website, italocoin.com.

Frequently asked questions

What is Italocoin and how is it different from Bitcoin?

Italocoin (ITA) is an independent proof-of-work cryptocurrency, meaning it shares Bitcoin's core design rather than running as a token on another blockchain. The main differences lie in its own network parameters, community, and branding. It's a standalone coin, not a Bitcoin fork you'd confuse with the original.

How does Italocoin's proof-of-work consensus work?

Like other PoW coins, Italocoin relies on miners who use computing power to solve cryptographic puzzles and validate new transaction blocks. The first miner to solve the puzzle gets to add the block and receives newly minted coins as a reward. This mechanism makes the network secure without needing a central authority, since altering history would require redoing all the work.

How is Italocoin issued? Is there a supply cap?

New ITA coins enter circulation through mining rewards, which are paid out each time a miner adds a block to the blockchain. This is the standard emission model for PoW coins, where supply grows gradually as the network runs. For exact details on the maximum supply and reward schedule, check the official site at italocoin.com, since these parameters are set in the coin's protocol.

How can I store and use Italocoin?

Since ITA is a standalone PoW coin, you'll need a wallet that supports its own blockchain — typically the official wallet offered on italocoin.com or a compatible desktop wallet. Once you have one, you can send and receive ITA by sharing your wallet address. As with any cryptocurrency, keep your private keys or seed phrase backed up safely, because losing them means losing access to your coins.