XPD
PetroDollar is a peer-to-peer digital currency designed to deflate with relation to the world crude oils reserves. PetroDollar has a approximate 1:10,000 relationship to barrels of oil still existing in the ground, thus creating an analogy of the USD/OIL trading pair. Every transaction(Tx) broadcast over the PetroDollar network will be charged a transaction fee to be destroyed in line with oil depletion. Transaction fees are destroyed autonomously, at an organic rate based on a mathematical model of the oil market. PetroDollar has a current fee of 1.429% of the amount transmitted, increasing to approximately 15% in year 2045.
Full Name | PetroDollar (XPD) |
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Start Date | N/A |
Algorithm | SHA256D |
Proof Type | N/A |
Website | - |
@ThePetroDollar | |
N/A | |
N/A | |
Block Number | N/A |
Block Time | 3000 |
Block Reward | N/A |
Total Coins Mined | 63,993,275 XPD |
Previous Total Coins Mined | N/A |
Net Hashes Per Second | N/A |