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NoirShares News
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About NoirShares
Although 'NRS' was the ticker assigned at the deployment of the NoirShares Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'NOIRSHARES' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.
Noirshares are another interesting concept as a coin as well as being a PoW/PoS coin - they also double as an equity investment for the NIG Group. The coin has a block reward reduction every 3000 blocks and difficulty adjustments each block. There are 80 NRS per block originally and the PoW phase is limited by a hard cap of 5million NRS. Transaction fees are destroyed and taken out of the system to counter the inflation of the PoS stage.
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