NuBits
NuBits (USNBT)
Market capitalization: 94 807
Rank # 2491 | Coin not mineable
0.008633 0%
Volume (24h): 0
Circulating Supply: 70 510 851 USNBT
Max Supply: 0 USNBT
NuBits (Overview)
About

NuBits (NBT) is a decentralised closed-source cryptocurrency launched in late 2014 by Peercoin developer Jordan Lee. Unlike most other cryptocurrencies, NuBit coins are not mined, but rather issued by the project's shareholders whose primary goal is to maintain a 1:1 NuBit peg to the US dollar. In the case of hyperinflation of the US dollar, the shareholders can vote to peg NuBits to a different currency or to a basket of commodities. By creating more coins to keep prices down and by increasing interest rates on parked coins to restrict supply, the NuBit projects hopes to have created a stable cryptocurrency with limited volatility. 

Hashing Algorithm SHA256
Hashrate
Block Time 0
Available/Total Supply 10 981 667 / 70 510 851