|Proof type||Pow + PoS|
|Start date||April 16th, 2014|
Information about Eoncoin
Eoncoin is a Digital currency and famous as the Cryptocurrency invented with the collaboration of a group of traders, economists, and software developers. It was existence in the year 2009 and unties its online entry on 15th September 2013. However, the transaction takes place directly between users without an intermediary and the system of operation is peer to peer. Today it is showing that Eoncoin has 200 units in circulation, which has a collective market value of around US$3.4billion.
The idea behind creating this cryptocurrency was the perspective of sharing the currencies and enrolling new ways for domestic and international transfers.
Initiation of Bitcoin
The start of the Eoncoin was magnificent; during 2010 it was being initiates the digital domestic market and was getting own as a digital currency. Eoncoin started entering two neighboring nations by 2012 and made people more aware of its market presence.
This digital currency is becoming more popular with its mode of operation as in the year 2013. According to the records the value of this currency started from $0.6 and enjoyed the great market response.
The Growth of Eoncoin
Eoncoin made a significant impact on the global cryptocurrency market in the year 2014. Furthermore, the market value of it has increased up to $0.18 which has created new heights of growth.
The coins were introduce in a very small number in the year 2015 and every single coin was to exchange. Accordingly, the Eoncoin mining process is resume and initiate the method of launching new coins with a new value of $0.34.
It ongoing in 2016
The Eoncoin mining was previously done based on the transaction records as it is an interrelated chain of transactions.
Eoncoin provides a digital wallet to the users in order to store and make a healthy transaction of coins. These wallets are compatible with all types of devices and cross browsers.
Though the digital currency market is hot-blooded and the price of Eoncoin can go up or down suddenly. According to the market demands and the mining needs, it is drawing the interest from financial institutions.
As the Eoncoin traveled few major economic countries. However, it is merely lifting p the impact on other countries worldwide and as well the value will fluctuate as per the market demands.
After the summits, conference, and seminars conducted, this platform turned into a promising and reliable venture for an individual t make the investment worthy. By then, it started market-consuming and generated coins one after another, alongside the subsequent coins in new orders for the modification are also expected.