AudioCoin Fees

Deposit, Trading & Withdrawal fees

AudioCoin Exchange Fees

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Crypto Exchange Promotions

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FTX

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What is AudioCoin?

AudioCoin builds on the Peercoin and (by association) Bitcoin protocol to provide a new way to consume music. It breaks down the barriers of traditional e-commerce systems and provides a super cool way for music fans and artists to engage in viral marketing. The main gain is that artists (producers) and music fans (consumers) are rewarded tangibly and thereby rendering the current streaming model both archaic and redundant.

Cryptocurrency Platform Scrypt Proof Of Work Proof Of Stake Events & Entertainment Mining

Launch date 2015-06-05
Development status None
Whitepaper Link
Org. Structure Centralized
Open source Yes
HD Wallet No
Consensus type Proof of Work & Proof of Stake
Hash algorithm Scrypt

AudioCoin sites

Explorer
Source code
Website
Facebook

Coin categories

Cryptocurrency
Digital asset designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Platform
A platform is a group of technologies that are used as a base upon which other applications, processes or technologies are developed.
Scrypt
It’s an algorithm that is used by Litecoin, etc. (ASIC mining)
Proof Of Work
Algorithm wherein the more a miner pays for the computing equipment required to crack the cryptographic puzzle, the better chances there is to score the right to mine the blocks.
Proof Of Stake
Algorithm that allots mining (minting) rights to the miners proportional to their stakes held in the cryptocurrency.
Events & Entertainment
Video platforms, streaming, music and art.
Mining
It's the process by which transactions are verified and added to the public ledger, using computing power
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