Ultracoin is a hybrid proof-of-work/proof-of-stake coin whereby active nodes are involved in the mining of blocks if they maintain a UTC balance. Ultracoin uses the Scrypt-Chacha algorithm, which ensures it cannot be mined by ASICs like other cryptocurrencies.
Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric.$1
The Network Value to Transactions (NVT) ratio calculates the dollar value of crypto transaction activity relative to the network value.
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