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About XPD / PetroDollar

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PetroDollar Description

PetroDollar is a peer-to-peer digital currency designed to deflate with relation to the world crude oils reserves. PetroDollar has a approximate 1:10,000 relationship to barrels of oil still existing in the ground, thus creating an analogy of the USD/OIL trading pair. Every transaction(Tx) broadcast over the PetroDollar network will be charged a transaction fee to be destroyed in line with oil depletion. Transaction fees are destroyed autonomously, at an organic rate based on a mathematical model of the oil market. PetroDollar has a current fee of 1.429% of the amount transmitted, increasing to approximately 15% in year 2045.

  • Price: $
  • Market Cap: $0
  • 24h Volume: 0
Technical Details
  • Started: 19/02/2014
  • Algorithm: SHA-256D
  • Proof Type:
  • Total Coins: 63993275
  • Website:
  • Twitter: @ThePetroDollar

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