HNC Coin HNC Price

What is HNC Coin (HNC)?

HNC Coin is a digital currency first launched in 2015, initially as a fork of Litecoin and later transitioning to a fork of Dash Coin in 2021. Known for its focus on security and transaction speed, HNC Coin supports both fast, private transactions and a broader payment ecosystem. With its unique dual purpose, HNC Coin serves not only as a payment solution but also as an innovative investment tool.

Who founded HNC Coin?

HNC Coin was founded by a team of Greek blockchain developers. In 2020, new developers joined, aiming to grow the ecosystem and support HNC Coin’s ongoing development to adapt to evolving digital currency needs.

What makes HNC Coin unique?

HNC Coin stands out with its dual functionality, acting both as a payment method and an investment. With its 2021 transition to Dash Coin’s technology, it gained instant send capabilities for up to 1,000 HNC transactions in 1.3 seconds and added private send features, which enhance user privacy by masking transaction origins.

Where can HNC Coin be traded?

Currently, HNC Coin is available on platforms like P2PB2B, Coinstore, Finexbox, and Xeggex, with plans to expand to additional exchanges over time.

What is the coin supply and structure?

HNC Coin has a total supply of 100 million, with 93 million coins circulating. Ten million coins are locked in 10 master nodes for network security, while 83 million are available for trading, and the remaining 7 million coins are still minable.

How is HNC Coin secured?

HNC Coin’s security relies on a network of master nodes, which hold full copies of the blockchain and enable services like block validation, Private Send, and Instant Send. These nodes are funded by HNC Coin’s team to secure the network and earn compensation for these services.

How is HNC Coin used?

HNC Coin’s ecosystem supports a range of use cases, from facilitating fast payments to functioning as a long-term investment. Its unique payment features make it suitable for both daily transactions and private exchanges within the blockchain ecosystem.

Key milestones for HNC Coin

Some major events in HNC Coin’s history include the 2021 fork to Dash Coin, which introduced advanced privacy and speed features, and the creation of the HAQQ Chain Platform and Islamic Coin initiative, broadening its reach and utility across diverse user bases. These developments reflect HNC Coin’s commitment to growth, security, and adaptability in the digital currency space.

What is unique about HNC Coin (HNC)?

HNC Coin is a dual-purpose cryptocurrency that combines payment functionality and investment value, with unique features like instant send and private send, allowing rapid, secure, and private transactions.

Who are the founders of HNC Coin (HNC)?

HNC Coin was founded by a team of Greek blockchain experts led by Claude Hallak, with new developers joining in 2020 to enhance the coin's ecosystem and ensure continuous improvement.

Who are the backers/investors of HNC Coin (HNC)?

HNC Coin has secured investment from A195 Capital and benefits from strong support within its ecosystem, including partnerships with platforms like HAQQ Chain and the Evergreen DAO Endowment Fund.