Koinos is a general purpose blockchain-based decentralized network that allows for free-to-use applications through a “Mana” mechanism that dynamically prices network resources in opportunity cost (not tokens) and allows for free-to-use dApps through Mana “delegation.” Proof-of-burn is implemented as a consensus algorithm to maximize efficiency, decentralization, and provable egalitarianism while thwarting the exchange attack and mitigating spam. Blocks are produced by hashing a private key and the random number output of a verifiable random function (VRF) then dividing by the amount of tokens burned.

Key features of Koinos:

Truly Decentralized. Koinos uses PROOF-OF-BURN which is highly efficient, decentralized, and provably egalitarian
Just like the INTERNET. The Koinos Mana system allows people to use the blockchain without spending, or even holding, ANY tokens.

Koinos Price Today

Koinos's current price is $ 0.0268, it has increased +47.1% over the past 24 hours.

Koinos's All Time High (ATH) of $ 2.29 was reached on 22 Nov 2023, and is currently -98.8% down.

The current circulating supply of Koinos is 83.55 Million tokens, and the maximum supply of KOIN is unlimited.

Koinos’s 24 hour trading volume is $ 10.59 Thousands.

Koinos's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 2.24 Million.

You can find more details about Koinos on its official website and on the block explorer.

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Koinos KOINPrice $ 0.0268

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