HiCoin is a blockchain-based protocol that seeks to reduce energy consumption within the cryptocurrency ecosystem. To achieve this, HiCoin proposes to create a network that uses a proof of stake (PoS) strategy to build the security model. According to the whitepaper, HiCoin is a project with the goal to demonstrate the viability of a network that does not depend on immense sources of energy.

Most of the cryptocurrencies use a proof of work (PoW) strategy to generate new tokens.). Despite the necessity for PoW in the initial stages of the distribution process, it gradually loses its importance. Additionally, the nature of PoW makes power consumption an integral part of the token creation process. The users have to bear this excess overhead cost. Thus, for the developers of HiCoin, it was technologically important to build a platform that does not rely excessively on energy usage.

HiCoin uses a hybrid design where the blocks are separated into two categories. A dual system uses both PoW and PoS strategies for specific requirements. The PoS uses a unique transaction called Coinstake. Using this method, a user consumes their tokens to generate a new block for the blockchain. By doing so, PoS also assists in the creation of new tokens for the platform.

HiCoin aims to use a checkpoint mechanism to reduce the threat of attacks on the blockchain. The strategy aims to ensure that the blocks are not reorganized without the agreement of all the community members. For this reason, checkpoints are introduced into the network that would update the status regularly so that all the users are aware of even a minor transaction being executed.

HiCoin implements a duplicate-stake protocol. As per this protocol, each block is signed by its owner. By doing so, the chances of an attacker using the same PoS to generate multiple blocks can be ruled out. Thus, HiCoin strives for a network protected by PoS even when the energy required for PoW becomes zero.

The whitepaper of HiCoin was released in 2015.

(1) http://xhicoin.io/home/theme/basic/img/WHITE%20PAPERS.pdf

(2) http://xhicoin.io/home/

(3) https://www.coinbase.com/learn/crypto-basics/what-is-a-blockchain

(4) https://www.coinbase.com/learn/crypto-basics/what-is-a-protocol#:~:text=Protocols%20are%20basic%20sets%20of,to%20be%20shared%20between%20computers.&text=The%20blockchain%20would%20work%20like,power%20of%20the%20entire%20network.

(5) https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency

(6) https://www.coinbase.com/learn/crypto-basics/what-is-proof-of-work-or-proof-of-stake#:~:text=What%20is%20proof%20of%20stake%3F&text=In%20a%20proof%20of%20stake,earn%20some%20crypto%20in%20exchange.

(7) https://www.coinbase.com/learn/crypto-basics/what-is-a-token#:~:text=Technically%2C%20%E2%80%9Ctoken%E2%80%9D%20is%20just,they%20are%20technically%20also%20tokens).

我们实时将 HiCoin 更新为 SGD 货币。通过 Coinbase 获取最新 HiCoin 价格。

HiCoin的当前市值为 S$0.00。高市值意味着该资产在市场上的价值很高。

HiCoin的历史最高价位是 S$0.12。这是HiCoin自推出以来的最高价格。

在过去 24 小时内，HiCoin的交易量为 S$0.00。

与HiCoin具有相似市值的资产包括BERNcash, Bitcoin 21, PostCoin和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

HiCoin的当前流通供应量是 0。