Gas
GAS #318$1.32 -2.03%
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About GasAbout
Gas is one of the two coins created by Neo Foundation. Gas is used as a processing fees for Neo coin. Neo hashing algorithm is Proof of Stake (PoS), where blocks processing power depends on the amount of tokens held by miners instead of the Proof of Work method which depends on the mining power that a miner has to create a new block. Neo holders is compensated with certain amount of Gas every month, is a similar concept to the ether gas and is used as a power for transaction (transaction). It is a coin that is paid as compensation of a concept of interest generated by PoS mining. At the beginning of the release, about one Neo was paid per day with 1000 Neo, but it has a design algorithm…
Gas price and market data
Gas (GAS) is the 318th largest cryptocurrency by market value and trades at $1.32, down 2.03% over 24 hours, a market capitalisation of $85.82M and $714,779 traded in the last day. This page shows its live price, a 7-day trend, the CoinCharts sentiment and volatility index, supply figures and every exchange currently listing it.