Question 1

What is the current price of Energi (NRG)?

Accepted Answer

The current price of Energi (NRG) is XRP 0.00335687. In the last 24 hours, the price has decreased by -10.12%.

Question 2

Could you tell me about Energi (NRG)?

Accepted Answer

Energi (NRG) is a next-generation proof-of-stake (PoS) cryptocurrency that combines three key elements: smart contracts, decentralized governance, and a self-funding treasury. It's more than just a digital currency; it's an innovative platform with a vision to usher in a new era of mass cryptocurrency adoption.

Question 3

Who founded Energi?

Accepted Answer

Energi was created by Tommy World Power, a visionary in the cryptocurrency space who envisaged a sustainable, powerful cryptocurrency that could drive mainstream adoption. Tommy World Power and his cohesive team of over 60 members have been working together since Energi's inception to make this vision a reality.

Question 4

How does Energi work?

Accepted Answer

Energi works on the basic principle of Proof-of-Stake (PoS). Unlike Proof-of-Work (PoW) systems that rely on miners for transaction validation, Energi utilizes the concept of \"staking\". Users can participate in the process of block validation and generation by staking their NRG coins. The more coins staked, the higher the chances of creating a block and earning rewards.

Question 5

What makes Energi unique?

Accepted Answer

Energi's uniqueness stems from its threefold design. Firstly, it employs smart contracts. These digital contracts automatically execute transactions when predefined conditions meet, thus removing the need for a third-party intermediary. Secondly, it offers decentralized governance. Energi users have the power to make decisions that impact the Energi network. This ensures that power is distributed equitably among the community, contributing to a democratic system. Lastly, it comes with a self-funding treasury. A percentage of the mining rewards goes into the treasury. This self-funding mechanism ensures Energi's sustainability and continuous development, thus avoiding the need for external funding or initial coin offerings (ICO).

Question 6

How is Energi’s network secured?

Accepted Answer

Energi employs Proof-of-Stake (PoS) mechanism for its network security. This consensus mechanism ensures that those who hold and stake NRG coins maintain the network's security, offering a high degree of scalability, energy efficiency and increased participation from the community. It also aids in resistance against certain attack types, like a 51% attack, providing more security to its network.

Question 7

What is the total supply of Energi?

Accepted Answer

The total supply of Energi (NRG) is 106.3M.

Question 8

How much of Energi is in circulation?

Accepted Answer

The current circulating supply of Energi (NRG) is 106.3M.

Question 9

Where can I buy Energi (NRG)?

Accepted Answer

Energi (NRG) can be purchased on the LBank, Indodax, CoinEx, TradeOgre exchanges.

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