Question 1

Has the price of HNC Coin increased today?

Accepted Answer

The price of HNC Coin has increased today and it is currently A$ 0.01213458 per unit. It's important to note that cryptocurrency prices can be quite volatile, so this current price may change in a short amount of time.

Question 2

What precisely is HNC Coin?

Accepted Answer

HNC Coin is a cryptocurrency that was established in 2015. It started as a fork of Litecoin and after a hard fork in July 2021, it transformed into a fork of Dash Coin. The focus of HNC Coin is heavily on improving the safety and transaction speed. One unique aspect is its dual-purpose nature - it can exist both as a payment medium or an innovative investment solution. With its new fork, HNC now supports quick and private send options as well.

Question 3

Could you introduce us to the creators of HNC Coin?

Accepted Answer

The HNC Coin was the conceptualization of a team of Greek highly-experienced blockchain developers. Over time, more talent has joined the ranks and as a part of their future plans, they are looking to induct more team members to further expand the HNC Coin Ecosystem.

Question 4

How does HNC Coin stand apart from the others?

Accepted Answer

In addition to it being a payment and investment solution, HNC Coin also offers a complete payment ecosystem. The coin underwent a hard fork in July 2021 to become a Dash Coin fork, adopting the X11 algorithm in the process. This change has allowed HNC to offer instant send options for transactions up to 1,000 HNC Coins with a swift processing time of only 1,3''. Additionally, HNC also provides a private send feature for improved user privacy.

Question 5

Where can you buy HNC Coin?

Accepted Answer

HNC Coin is actively traded on a variety of exchanges, namely P2PB2B, GokuMarket, HNC Revolution, Finexbox, and Xeggex. The team behind HNC Coin is also aiming to get the coin listed on more exchanges in the future.

Question 6

What's the current circulating supply of HNC Coin?

Accepted Answer

The total supply of HNC Coin is 100 million, out of which 93 million is the circulating supply. As a measure to enhance the network's security, 10 million coins are locked in as life to Master Nodes, with 1 million coins per Master Node. This leaves 83 million coins as tradeable coins. Additionally, there are 7 million coins available for mining.

Question 7

How is the HNC Coin's network secured?

Accepted Answer

To insure security and robustness, the HNC Coin network utilizes a total of 10 Master Nodes. Each Master Node has a 1 million coin deposit, totalling to 10 million coins locked in for life by the HNC team. The Master Nodes each hold a complete copy of the HNC blockchain, which allows them to perform tasks like block validation, Private Send, and Instant Send. In recompense for these services, the Master Nodes receive payments. Furthermore, plans to add more Master Nodes to the network are in the pipeline.

Convert HNC to AUD

Try our Crypto Pro app