Gas GAS to Chronobank TIME Exchange

Crypto Pair Details: GAS to TIME

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.

Chronobank TIME

'About Chrono.tech Chrono.tech was founded in 2016 in Sydney, Australia with the vision of transforming the way Individuals access jobs and Businesses connect with Contractors. As a Fintech Company focusing on HR-solutions, Chrono.tech reduces & eliminates the barriers to Recruitment and Payment Processes for both Workers and Employers by utilizing Blockchain Technology. Chrono.tech's achievements in development range from successfully launching dApps like the LaborX.io job platform and the TimeX.io cryptocurrency exchange, up to working on its own side chain with custom consensus algorithm.'

SOURCE: COINGECKO

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