The Beginning and Development of WoodCoin
The unit of exchange is LOG, and the genesis block was mined in October 2014.More information
WoodCoin Uses a Decentralized System
The coin reward sits in between stagnation and inflation, increasing logarithmically. The reward for mining today is always greater than tomorrow; however, miners will still have a reward for securing the network for the long term.
Stability and Longevity
Half the LOGs will be released in the first 200 years instead of the first four years (as BTC or LTC). However, every block is worth less than the preceding one, so earlier adopters are always rewarded, and the supply will never rise above 28.5 million LOG.
Support and Reliability
The WoodCoin Foundation maintains the Woodcoin economy and helps spread the word about WoodCoin’s monetary policy. The protocol has remained stable without mandatory updates since its inception in October 2014.
WoodCoin Was Created To Solve Problems
Growth chart for the year
Market price (LOG)
Trading volume for 7 days
Android and iOS WoodCoin Wallets
These wallets are open source non-custodial; users can back up their private keys and have total control of their funds.