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) |
|---|---|
| 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 |