en
RSS
Soon
Soon
Soon
Soon
SyncCoin

SyncCoin (SYNC)

$ 0.00
3.01 %
Main info
News
Comments
Markets
Analytics
Market cap
$27.87K
3.01 %
Volume (24h)
$12.88
3.01 %
Circulating supply
211,492,736 SYNC
Total supply
235,123,932 SYNC

About SyncCoin

Sync is a unique crypto-currency created for premium users that value Proof-of-Stake and a rare coin as a pathway to long-term investment. Welcome to Sync Club!Owning Sync means more than holding a ‘coin’, it means you’re part of an elite and exclusive club.Sync began in 2014 with a brief Proof-of-Work phase and is now a Proof-of-Stake coin that enjoys a 1% yearly interest rate and fast transaction times.Sync is open source and has some very dedicated community members helping to continue the project.

Key data

updated $0
Market cap$27.87K
Volume 24h$12.88
Circulating supply211.49M
All-time high$0.21-100% from peak · 2021-03-08

SyncCoin (ticker SYNC) is a cryptocurrency that runs on a hybrid consensus system combining Proof-of-Work and Proof-of-Stake. In simple terms, it's a digital coin where both miners and coin holders help keep the network secure and running. The project's official home on the web is synclub.net.

Frequently asked questions

What is SyncCoin and how is it different from Bitcoin?

SyncCoin (SYNC) is a decentralized digital currency, but unlike Bitcoin, which relies solely on mining, SYNC uses a hybrid model. This means the network is maintained both by miners solving computational puzzles and by holders who stake their coins. The result is a network that aims to combine the security of mining with the energy efficiency and participation of staking.

How does SyncCoin's hybrid PoW/PoS consensus work?

Blocks are produced through two mechanisms working side by side: miners compete via Proof-of-Work to validate transactions, while coin holders can stake their SYNC to earn rewards and help secure the chain. The two systems complement each other, making a 51% attack more expensive since an attacker would need to control both mining power and a large stake.

How is SYNC issued and what is its emission model?

New SYNC coins enter circulation through both mining rewards and staking rewards, since the hybrid consensus distributes new coins to participants of both mechanisms. This dual emission means supply grows steadily as blocks are produced. For the exact current supply figures, check the live data blocks on this page rather than static numbers, which quickly become outdated.

How can I store and use SyncCoin?

SYNC is stored in a wallet that supports its blockchain — typically the official wallet available through the project's site, synclub.net. As a holder, you can also stake your coins directly from your wallet to earn rewards while keeping control of your keys. Like any crypto asset, keep your private keys and seed phrase backed up and offline.