Gas GAS to Vexanium VEX Exchange

Crypto Pair Details: GAS to VEX

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.

Vexanium VEX

Vexanium is building the next generation blockchain for mass adoption, which was born to support the use of DApps (Decentralized Applications) and retail penetration. Vexanium is a blockchain technology that can be accessed and applied to various industries. Currently vex uses delegated proof of ownership [DPOS], Vexanium now operates a smart contract platform and is a decentralized operating system aimed at decentralized applications through a decentralized autonomous enterprise model. We are confident that the technology we bring will have a tremendous impact in all industries and many business models that can be helped.

SOURCE: COINGECKO

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