PricecoinX (PRCX)

PricecoinX (PRCX) is a token that originated as a Litecoin-fork in 2017 and has now become a token on the Cardano Ecosystem. This token bridges revenue streams from Cardano and the wider crypto-space, making it a diversified investment option. PricecoinX is actively developing tools to enable Litecoin-based users to convert their coins into tokens at a fixed rate, with transactions recorded and conducted on the Cardano blockchain. With Pricecoin’s utilities, the token’s value has the potential for scalable growth over time.

PricecoinX offers several features that make it an attractive choice. It is a Cardano token that employs the POW mining method through ERGO, ensuring fast transaction speeds. The token operates on the Autolykos mining algorithm and has a maximum supply of 50 million coins with a one-time minting policy. Pricecoin mining allows miners to earn Pricecoin while securing the Ergo blockchain, which acts as an Oracle for the Cardano ecosystem. Although the mining system is currently centralized, efforts are being made to transition to a fully decentralized model using Cardano smart contracts in the future.

PricecoinX expresses appreciation to all individuals participating in the mining process, as their hashrate contributes to the development and security of Pricecoin. While rewards are not being issued, the team aims to enhance and stabilize the system. Users can visit the Pricecoin-Dashboard for miners’ configuration and further information. Additional details about Cardano Assets can also be found here. PricecoinX is created by Zach Price and supported by the PricecoinX Core Developers.