updated 1 year, 2 months, 3 weeks, 4 days, 2 hours, and 54 minutes ago
Data source: CoinMarketCap
Denarius (DNR) to New Taiwan Dollar (TWD) Conversion Table
Denarius is a hybrid PoW/PoS with a privacy focus. The PoW is based on a new mining algorithm called Tribus - a combination of three of the top five NIST5 algorithms that were created to resist the ability to be calculated by an ASIC. 3 years after its launch, Denarius will move to complete PoS. To handle privacy, DNR has implemented darksend stealth addressing. In the latest version (2.0) DNR has also added master nodes and will be the first coin to ever have hybrid PoS/PoW master node. The MNs will go live on launching March 14, 2017. Overall, Denarius is a currency which is designed to hold value for a long period and allow that value to be easily moved between wallets without expensive transaction fees or lengthy waiting times. A short PoW period allows the currency to be completely mined within a few years, removing the pressure of ever exceeding mining supply. After the PoW period, the PoS period provides a small amount of supply over a longer period, encouraging holders of the currency to provide node services to the network whilst increasing the supply at a lower rate than PoW (roughly 10% of the rate).