One of the most popular coins of the past 24 hours has to be BurnerCoin. This is a new Crypto, which only launched June 9th, With nearly 150 Bitcoin in trading volume over the past 24 hours, let’s take a look at what BurnerCoin is about!
Allow me to start off this article by saying that I do like the name BurnerCoin. It has something feisty to it , and it also kind or resembles the sun during Summer. Maybe I’m overthinking it, but that never hurt anyone.
BurnerCoin was ninja-launched on June 9th. The reason for this type of launch was to make it fair for everyone keeping an eye on BitcoinTalk. A bit of an old school launch, which only makes me like BURN more at this point!
So what’s the technical aspect of BurnerCoin? This is a X13 Proof-of-Work/Proof-of-Stake hybrid Crypto, with bonus Proof-of-Work blocks! Have I mentioned already that I really like BurnerCoin? Super blocks? Woo!
There will be a total of 5 million BURN in existence, of which roughly 2 million BURN will be generated during the mining phase. Per mined block, 2 BURN will be deducted and sent to the developers for support costs and bounties.
While mining BurnerCoin, you can get 202 BURN per block. I did mention there are super blocks, which will be worth 10,000 BURN. There are 10 super blocks in total. A total of 20,000 blocks will be mined during the Proof-of-Work stage.
On to the Proof-of-Stake part! While holding BurnerCoin in your wallet, you will earn 25% stake annually, assuming you don’t move your coins for at least 24 hours.
You can find BurnerCoin on two exchanges, BitTrex and AllCoin. As of this writing, we have not received any information about seeing a BURN trading pair on additional exchanges, but that might just be a matter of time.
BurnerCoin is a Crypto that checks all of the boxes for me. No special pre-announcements, no IPO, no pre-mine, just like in the good old days. And, well, I happen to really like the name, so that counts for something too right?
BurnerCoin website : http://burnercoin.biz/
BurnerCoin on BitcoinTalk : https://bitcointalk.org/index.php?topic=645753.0
BurnerCoin donations are welcome to : BJv5E78NYrrrYbwuaX8DsCh6YdJ8sAYHHu