SNRG
Synergy Rank 1427
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4,897,672 SNRG
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Synergy
Synergy Price $ 0.0304
$ 0.0304
Synergy 24h Vol
$1
$1
Synergy Market Cap $149,007
$149,007
24h Vol
0 BTC 1 H
-0.21 %
24 H
9.04 %
7 d
118.14 %
Today Synergy price in US dollars is currently
0.0304
USD, and if converted to Bitcoin is
0.00000329
BTC. A total of 4,897,672 SNRG are currently circulating in the Market. Synergy price is currently experiencing a change of 9.04 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Synergy have been traded on Crypto Exchanges. Get Synergy's progress by adding it to your favourites and creating a free portfolio.
Full Name
Synergy
Symbol
SNRG
Algorithm
X11
BTC Price
0.00000329 BTC
BTC Market
16 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
4,897,672 SNRG
1h
-0.21 %
24h
9.04 %
7d
118.14 %
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Description
Description
Synergy is a peer-to-peer decentralized cryptocurrency that uses a dual-algorithm system to mine blocks. For the first 10 days, which contains the full PoW (proof of work) period, Synergy uses the X11 algorithm. Because X11 is unnecessarily inefficient after PoW, Synergy switches to SHA256d for the PoS period (proof of stake). SHA256d is easier on CPUs during syncronization and bootstrap because it requires only two hashes to verify a block whereas X11 requires 11 hashes.
The early part of the Synergy PoS period makes use of Turbo Stake, which awards Synergy holders greater interest for every stake. The multiplier is directly used in the reward calculation by multiplying it with the base Synergy interest rate of 10% per year.
Holders build the Turbo Stake multiplier over two days by staking consistently. After that, the multiplier will level out and the holder will stake with a consistent rate that depends on how much stake competes with his. The Turbo Stake period lasts 30 days from the time of launch.
Technology
Technology
- Ticker Symbol: SNRG
- PoW Algorithm: X11
- PoS Algorithm: X11, switching to SHA256d after 10 days
- RPC Port: 50542 (configurable with rpcport= option)
- P2P Port: 40698 (configurable with port= option)
- Tor Port: 38155 (configurable with torport= option)
- Block Times: 2 Minutes
- PoW Blocks: 4320 (6 days)
- 10% POS Interest per Year
- Max Turbo Stake Multiplier: 288
- Turbo Stake Lookback: 2 days Percent of Blocks over 2 days for Max Multiplier: 20%
- Max Money Supply after PoW: 250,001 SNRG
- Stake Minumum Age: 48 hours (2 days)
- Stake Maximum Age: 144 hours (6 days)
- Stake Maximum Reward Age: 8 days
- New Mint Spendable: 120 blocks (4 hours)
- Message Start (“Magic Bytes”): 0xf1, 0xe3, 0xe5, 0xd9
- Message Start Test Net: 0xaf, 0xb9, 0xd9, 0xff
- Application Data Folder Windows: “Synergy” OS X: “Synergy” Linux: “.synergy”
- Config File Name Windows: “synergy.conf” OS X: “synergy.conf” Linux: “synergy.conf”
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