Gas GAS to Gold Bits Coin GBC Exchange

Crypto Pair Details: GAS to GBC

Gas GAS

Gas is one of the two coins created by Neo Foundation. Gas is used as a processing fees for Neo coin. Neo hashing algorithm is Proof of Stake (PoS), where blocks processing power depends on the amount of tokens held by miners instead of the Proof of Work method which depends on the mining power that a miner has to create a new block. Neo holders is compensated with certain amount of Gas every month, is a similar concept to the ether gas and is used as a power for transaction (transaction). It is a coin that is paid as compensation of a concept of interest generated by PoS mining. At the beginning of the release, about one Neo was paid per day with 1000 Neo, but it has a design algorithm that is gradually decreasing over time, which is offset by the price increase. It is a coin that is closely related to Neo, walking along the path of the companion with the rise of Neo, and it forms a necessary relationship that the movement must be moving in a fluid manner.

Gold Bits Coin GBC

GBC, Game Bank Coin in short, is the token issued by I.H.C platform in accordance with ERC20 standard. The cryptocurrency is used for ads auction and other transactions on I.H.C platform. GBC can be traded freely after the pre-sale and will be listed on serval digital currency exchange within the shortest time. The total supply amount of GBC is 3 billion and will never be issued additionally. The subscription is open to early investors in order to raise money for the platform development. Besides, GBC can also act as incentive for the contributors of I.H.C ecosystem. GBC will also be circulated on the third party digital currency exchanges.

SOURCE: COINGECKO

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