0.05%
1.10%
1.48%
BTC
$64,144.14
0.06%
2.65%
7.23%
ETH
$1,872.01
0.09%
0.97%
0.87%
BNB
$574.93
0.01%
1.54%
0.03%
XRP
$1.10
0.04%
2.04%
2.82%
SOL
$75.77
0.08%
0.51%
2.70%
TRX
$0.32312412
0.28%
1.35%
0.36%
DOGE
$0.07308140
0.04%
1.31%
2.66%
ADA
$0.16243469
0.35%
1.43%
8.38%
LINK
$8.41
0.26%
0.17%
2.65%
LTC
$45.07
0.05%
1.10%
1.48%
BTC
$64,144.14
0.06%
2.65%
7.23%
ETH
$1,872.01
0.09%
0.97%
0.87%
BNB
$574.93
0.01%
1.54%
0.03%
XRP
$1.10
0.04%
2.04%
2.82%
SOL
$75.77
0.08%
0.51%
2.70%
TRX
$0.32312412
0.28%
1.35%
0.36%
DOGE
$0.07308140
0.04%
1.31%
2.66%
ADA
$0.16243469
0.35%
1.43%
8.38%
LINK
$8.41
0.26%
0.17%
2.65%
LTC
$45.07
   /       /       /    What is coin age in cryptocurrencies?

What is coin age in cryptocurrencies?

What is coin age in cryptocurrencies?


Coin age (Coin age) is a metric reflecting how much cryptocurrency, and for how long, has been held at an address without movement. It is calculated as the product of the number of coins and the time they have been held. For example, if a certain number of coins at an address has not moved for some period, their total "age" accumulates in proportion to both the amount and the duration of holding.

This metric is used in consensus algorithms based on proof of stake (Proof-of-Stake) and its variations. In some systems, the greater the accumulated coin age, the higher the participant's chance of earning the right to create the next block and the reward. After coins are used to confirm a block, their accumulated age is reset and begins to accumulate anew.

The concept of coin age was intended to encourage holders to keep an asset and take part in maintaining the network, as well as to reduce energy costs compared to mining based on computing power. That said, the specific implementation of the mechanic depends on the protocol of each individual cryptocurrency.

27-07-2019
Glossary of Terms / Cryptocurrency Terms and Definitions

Cryptocurrency Terms and Definitions

What is Proof of Importance (PoI) in cryptocurrencies?What is Proof of Importance (PoI) in cryptocurrencies?What is Proof-of-Burn (PoB) in cryptocurrencies?What is Proof-of-Burn (PoB) in cryptocurrencies?What is Proof of Activity (PoA)?What is Proof of Activity (PoA)?What is Proof of Stake (PoS)?What is Proof of Stake (PoS)?

Random quote about money

"Все, что я делаю, я делаю по разумной причине, и обычно этой причиной оказываются деньги."

Сузи Паркер

Interesting posts in other sections of the blog

Information

Users of Guests are not allowed to comment this publication.

Latest articles

all articles →
Gold Bear Market Confirmed? First Red Weekly Signal Since 2023Cryptocurrency NewsGold Bear Market Confirmed? First Red Weekly Signal Since 2023Gold bear market signals mount as the first red weekly Gaussian channel bar since 2023 puts $3,550 support in play.16-07-2026T. Rowe Price Debuts New ETF With Bitcoin and Crypto ExposureCryptocurrency NewsT. Rowe Price Debuts New ETF With Bitcoin and Crypto ExposureBitcoin Magazine T. Rowe Price Debuts New ETF With Bitcoin and Crypto Exposure Asset manager T. Rowe Price has debuted a crypto fund giving investors exposure16-07-2026Polygon Layoffs and 1inch Founder Exit Expose Crypto’s Costly Pivot to RevenueCryptocurrency NewsPolygon Layoffs and 1inch Founder Exit Expose Crypto’s Costly Pivot to RevenuePolygon Labs cuts staff and 1inch's co-founder says he was fired, as crypto firms restructure around revenue.16-07-2026CRO Surges as Crypto.com Secures $400M in Citadel Securities-Led FundingCryptocurrency NewsCRO Surges as Crypto.com Secures $400M in Citadel Securities-Led FundingThis was the exchange's first-ever institutional funding round. As a result, CRO skyrocketed by 25% in minutes.16-07-2026Fed Chair Warsh: No Bailout for Crypto Industry in CrisisCryptocurrency NewsFed Chair Warsh: No Bailout for Crypto Industry in CrisisBitcoin Magazine Fed Chair Warsh: No Bailout for Crypto Industry in Crisis Federal Reserve Chair Kevin Warsh said the Fed will not bail out failing crypto16-07-2026Forget Bitcoin Bottom: Analyst Says These Altcoins Could Move FirstCryptocurrency NewsForget Bitcoin Bottom: Analyst Says These Altcoins Could Move FirstAccording to the analyst, waiting for universal confirmation of a market bottom could mean missing the strongest early opportunities.16-07-2026Grayscale Highlights a 22% Bitcoin Yield Opportunity as Early Bottom Signals EmergeCryptocurrency NewsGrayscale Highlights a 22% Bitcoin Yield Opportunity as Early Bottom Signals EmergeGrayscale is pitching covered calls as a way for Bitcoin holders to earn yield during a range-bound market, even as Glassnode detects early signals of a bear16-07-2026Ethereum Price Analysis: Is $2K Next for ETH After Reclaiming Key Support?Cryptocurrency NewsEthereum Price Analysis: Is $2K Next for ETH After Reclaiming Key Support?Ethereum has had a notable recovery from its June lows, reclaiming an important resistance zone while testing a major descending trendline on the higher16-07-2026Bitcoin VC Veterans Launch $40 Million Holding Company Targeting Small Business AcquisitionsCryptocurrency NewsBitcoin VC Veterans Launch $40 Million Holding Company Targeting Small Business AcquisitionsBitcoin Magazine Bitcoin VC Veterans Launch $40 Million Holding Company Targeting Small Business Acquisitions Lyn Alden is helping debut a permanent capital16-07-2026
Sign inMasterInvest
RUENUK