VeriCoin VRC to CargoX CXO Exchange

Crypto Pair Details: VRC to CXO

VeriCoin VRC

VeriCoin (VRC) is a Proof of Stake-Time cryptocurrency. It was previously a Proof-of-Stake cryptocurrency with Proof of Work used to mine coins in the early stage. VeriCoin began work on PoST after the MintPal VRC hack and the subsequent roll back. More information on Proof of Stake-Time can be obtained by reading the whitepaper here. There is no Pre-mine or IPO for VeriCoin. The minimum stake time is at least 8 hours. The one highlight feature of VeriCoin is VeriFund. VeriFund is the answer to ensure stability and growth of VeriCoin. It is used to counter the inflationary effect of the proof of stake. When the supply increases, VeriFund will purchase liquid supply of VeriCoin to ensure growth and stability of the coin's value. More info about VeriFund can be found at http://vericoin.info/verifund.html Another key feature of VeriCoin is VeriSMS. VeriSMS is an SMS wallet system that gives your phone capability to access the VeriCoin network. Some of the available commands include 'Balance', 'setpassword', and 'SEND'. More information about VeriSMS can be found at http://vericoin.info/text.html

CargoX CXO

CargoX aims to disrupt the global logistics industry by replacing legacy paper Bill of Lading documents with Smart B/L Contract based on blockchain technology to able to state and transfer cargo ownership rights without the hassle of handling paper. CargoX brings benefits of substantial increase in speed and security, and 10x cost reduction. CargoX has a viable business model, no competition and wide industry support - including already confirmed 2018/Q2 pilot deployment.

SOURCE: COINGECKO

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