AquariusCoin to USD Price Chart

How much does AquariusCoin (ARCO) currently cost?

As of the latest update, the current price of one AquariusCoin (ARCO) is $ 0.02102230.

What is AquariusCoin (ARCO)?

AquariusCoin, also known as ARCO, is a cryptocurrency startup that aims to fund sustainable projects. Unlike traditional financial systems, ARCO operates using a combination of proof-of-work (PoW) and proof-of-stake (PoS) algorithms, both of which are common consensus mechanisms in the world of digital currencies. This scrypt cryptocurrency offers a fresh approach to supporting sustainability.

Who are the people behind AquariusCoin (ARCO)?

AquariusCoin is the result of a collaboration of like-minded professionals passionate about sustainability. The creators’ names aren't publicly disclosed, but their goal is clear: to use the blockchain technology as a platform for supporting eco-friendly projects worldwide.

How does AquariusCoin work?

AquariusCoin operates on a hybrid PoW/PoS algorithm. PoW, or proof of work, is where miners compete to solve complex cryptographic puzzles to add transactions to the blockchain. On the other hand, PoS or proof of stake, allows holders of a specific cryptocurrency to validate transactions and earn rewards, based on the amount they "stake" or hold. The use of both methods serves to secure the network and maintain decentralization.

What makes AquariusCoin unique?

AquariusCoin is unique because it combines the benefits of both the PoW and PoS algorithms. This blend of consensus mechanisms allows for a secure, efficient, and decentralized network, with the added intention of promoting eco-friendly and sustainable projects. This combination sets AquariusCoin apart from most cryptocurrencies, which typically use just one of the two consensus mechanisms.

How much AquariusCoin (ARCO) is in circulation?

At the moment, there are 4.5M ARCO coins in circulation.

How secure is the AquariusCoin network?

As AquariusCoin operates on both PoW and PoS mechanisms, it inherits the security benefits from both. The computational complexity of the PoW algorithm safeguards against attacks and unauthorized changes on the blockchain. Simultaneously, the PoS consensus mechanism discourages malicious behavior by requiring validators to have a stake in the system, effectively placing their own assets at risk if they attempt to cheat.

What does 'scrypt cryptocurrency' mean?

'Scrypt' is actually a type of algorithm utilized in several cryptocurrencies, including AquariusCoin. It was initially designed to serve as a password-based key derivation function, but it proved effective in the creation of new digital coins. One of its notable features is that it is quicker and consumes less energy compared to other algorithms, making it more cost-effective and eco-friendly.

Where can I buy AquariusCoin (ARCO)?

Currently, AquariusCoin (ARCO) can be purchased on the following exchanges: YoBit, Cryptopia. Remember, never invest more than you're willing to lose and always perform due diligence when dealing with digital currencies.

How can I keep my AquariusCoin (ARCO) safe?

Keeping your AquariusCoin secure involves properly managing your digital wallets and private keys. Make sure to always update your wallet software to its latest version to ensure all security patches are applied. Additionally, enable two-factor authentication if the feature is available. Lastly, do not share your private keys with anyone. Your private keys are essentially the keys to your ARCO coins, and sharing them would be like giving someone the keys to your house.

View similar coins

AquariusCoin Links