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Exchange rate of PIZA (PIZA) to BLK (BLK)

1 PIZA = 0.0000000000 BLK


Quotation rate chart PIZA (PIZA):

BlackCoin (BLK) is a cryptocurrency that was created in 2014 and is designed to provide a secure and energy-efficient means of transferring value. 

BlackCoin is often recognized as one of the earliest cryptocurrencies to use a pure Proof of Stake (PoS) consensus mechanism. In a PoS system, new blocks are created and added to the blockchain by validators, also known as coin holders, rather than miners in a Proof of Work (PoW) system like Bitcoin.

BlackCoin doesn't rely on mining for block validation, which eliminates the need for specialized mining hardware and the associated energy consumption. Block validators are chosen based on the number of coins they hold and are willing to "stake" as collateral.

BlackCoin has its own wallet software for storing and staking BLK. Users can stake their coins directly from their wallets.


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