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Nibble news
About Nibble
Nibble is the currency used in the Nibble Network - A decentralized blockchain reward system.
Deposits can be made and interest is paid out on those deposits, effectively staking your coins and locking them into the network until a later time.
Nibble Network enables the use of untraceable encrypted messaging and a secure way to transfer funds.
Nibble Features:
The reward system is a form of cold staking (via Hash-Timelocked-Contracts) that earns interests on locked deposits. Ring signatures for anonymous payments. With our latest version of Nibble, we have transitioned to the Conceal PoW mining algorithm. Decentralized, anonymous, untraceable end-to-end encrypted messaging service that operates on the blockchain while allowing messages that self-destruct.
Nibbles emission is generated from two primary sources:
Proof of Work (PoW) mining. A computational calculation used to create and verify a new block of trustless transactions on the blockchain.
Cold Staking (Depositing coins for rewards). A form of passive interest income generated on a timed deposit and earned when the deposit matures.
Cold Staking (Depositing coins for rewards) is created by an issuance of a Time Locked Contract.
This contract is a type of transaction that includes an amount to be deposited of NBXC, a destination key, and a length of time (expressed in weeks and blocks) to lock.
Once the transaction is completed, it contains the field unlock time and output-specific parameters and is included in the blockchain, as usual.
When the Time Locked Contract expires the total transaction amount will be earned (the original amount of NBXC deposited along with the generated interest).
The live Nibble price today is $0.000194 USD with a 24-hour trading volume of not available. We update our NBXC to USD price in real-time. Nibble is down 0.56% in the last 24 hours. The current CoinMarketCap ranking is #8876, with a live market cap of not available. The circulating supply is not available and a max. supply of 21,000,000 NBXC coins.
If you would like to know where to buy Nibble at the current rate, the top cryptocurrency exchange for trading in Nibble stock is currently Finexbox. You can find others listed on our crypto exchanges page.