HICOIN

HiCoin logo
HICOIN
XHI - A blockchain protocol focused on energy-efficient PoS consensus.
Not publicly confirmed Proprietary Blockchain Energy-Efficient Protocol
Live price
$0.00
Not publicly confirmed
0.00% (24h)
Price chart

A price chart for HiCoin (XHI) would typically display its historical price movements against a fiat currency like USD or another cryptocurrency. This visual representation helps investors identify trends, support and resistance levels, and overall volatility. Without specific historical price data, it is not possible to generate a meaningful chart. The current reported price of $0.00 suggests extreme illiquidity or dormancy, which would typically manifest as a flat line at zero on a price chart.

Investors should look for charts that show consistent trading activity and price discovery to assess an asset's market health. A lack of price history or a consistently zero price indicates a significant challenge for market participants to buy or sell the asset.

Market stats
Price
$0.00
24h Change
0.00%
Market Cap
$0.00
24h Trading Volume
$0.00
All-Time High
$0.0908
Circulating Supply
0 XHI

HiCoin (XHI) is a blockchain-based protocol designed with a primary objective to significantly reduce energy consumption within the cryptocurrency ecosystem. Launched with its whitepaper in 2015, HiCoin proposes a network that primarily utilizes a Proof of Stake (PoS) strategy for its security model, aiming to demonstrate the viability of a network less reliant on intensive energy sources.

The project acknowledges the initial necessity of Proof of Work (PoW) in the early distribution phases but emphasizes its diminishing importance over time. HiCoin's developers sought to build a platform that mitigates the inherent power consumption associated with traditional PoW mechanisms, which often impose excess overhead costs on users.

HiCoin employs a hybrid design, incorporating both PoW and PoS strategies for specific network requirements. Its PoS mechanism features a unique transaction type called 'Coinstake,' where users consume their tokens to generate new blocks and facilitate the creation of new tokens. The protocol also integrates a checkpoint mechanism to enhance security against attacks and a duplicate-stake protocol to prevent malicious actors from generating multiple blocks with the same PoS.

Trading insights

The reported market data for HiCoin (XHI), including a current price of $0.00, a $0.00 market cap, and $0.00 in 24-hour trading volume, indicates an asset with extremely low or non-existent liquidity. A circulating supply of 0 further reinforces the notion of a dormant or inactive market.

For traders, these metrics suggest that XHI is not actively traded on public exchanges. Attempting to buy or sell a significant amount of XHI would likely be impossible without causing extreme price volatility, assuming any market depth exists at all. The absence of trading volume means there are no buyers or sellers at the current reported price, making price discovery non-existent.

Investors considering assets with such characteristics should exercise extreme caution. The primary risk is illiquidity, meaning it may be impossible to convert XHI back into other assets or fiat currency. Furthermore, a zero circulating supply implies that the tokens are not in public distribution or are locked, which can impact the project's decentralization and future viability. It is crucial to verify the project's current development status, community activity, and exchange listings before any consideration.

Liquidity & market structure

Understanding an asset's liquidity structure is crucial for assessing its market health and investment viability. It refers to how easily an asset can be bought or sold without significantly impacting its price. Key components include the distribution of tokens among holders, the depth of order books on exchanges, and the overall trading volume.

For HiCoin, with a reported circulating supply of 0 and zero trading volume, the liquidity structure is effectively non-existent in public markets. This implies that there are no tokens actively circulating for trading, and no market depth to absorb buy or sell orders. In such cases, any reported price is purely theoretical or based on historical data from a time when the asset might have been active.

A healthy liquidity structure typically shows a diverse distribution of tokens, active trading across multiple exchanges, and sufficient order book depth to facilitate transactions without large price swings. The absence of these elements for HiCoin suggests significant challenges for any potential market participant.

Exchange Order Books
Low
Top Holders
Concentrated
Decentralized Exchanges
Minimal
OTC Desks
None

Note: The above bars are illustrative representations of typical liquidity components and do not reflect actual, confirmed data for HiCoin due to its reported zero circulating supply and trading volume. They serve to demonstrate what a liquidity breakdown might look like for an active asset.

Price history
1W
0.00%
1M
0.00%
3M
0.00%
1Y
0.00%
All Time
-$0.0908

Note: The above bars are illustrative representations based on the reported $0.00 current price and $0.0908 all-time high. They do not reflect actual, confirmed historical percentage changes for HiCoin.

Price history provides a critical perspective on an asset's past performance, volatility, and market sentiment over various timeframes. For HiCoin (XHI), the reported current price of $0.00 and a 24-hour change of 0.00% indicate a lack of recent price movement or trading activity. The all-time high of $0.0908 suggests that the asset once had a measurable value and was traded, but its current state implies a significant decline from that peak.

When analyzing price history, investors typically look for consistent trends, periods of accumulation or distribution, and how the asset reacted to broader market conditions. A prolonged period at or near $0.00, especially with zero trading volume, suggests that the asset may be dormant, delisted from major exchanges, or has lost market interest. This makes it challenging to perform technical analysis or predict future price action based on historical patterns.

It is essential to investigate the reasons behind such a price trajectory. Factors could include project abandonment, lack of development, security breaches, or regulatory challenges. Without active trading, the reported price is largely theoretical and does not reflect a liquid market value.

Past performance is not an indicator of future results. The value of investments can go down as well as up.

About & details

HiCoin (XHI) is a blockchain protocol that emerged in 2015 with a focus on environmental sustainability within the crypto space. Its core innovation lies in a hybrid consensus mechanism that combines elements of both Proof of Work (PoW) and Proof of Stake (PoS), with a long-term vision to transition towards a purely PoS-driven network to minimize energy consumption.

  • Hybrid Consensus: HiCoin utilizes a dual system where blocks are categorized and processed using both PoW and PoS strategies. While acknowledging the initial role of PoW in token distribution, the protocol aims to reduce its reliance as the network matures.
  • Proof of Stake (PoS) with Coinstake: The PoS component of HiCoin is powered by a unique transaction type called 'Coinstake.' In this mechanism, users 'consume' their existing XHI tokens to generate new blocks for the blockchain. This process not only secures the network but also facilitates the creation of new tokens, rewarding participants for their stake.
  • Checkpoint Mechanism: To enhance network security and prevent malicious reorganizations of the blockchain, HiCoin incorporates a checkpoint mechanism. This strategy ensures that blocks cannot be reordered without the collective agreement of the community members, with regular updates keeping all users informed of network status.
  • Duplicate-Stake Protocol: Addressing a potential vulnerability in PoS systems, HiCoin implements a duplicate-stake protocol. This protocol mandates that each block is signed by its owner, effectively preventing an attacker from using the same stake to generate multiple blocks simultaneously and bolstering the integrity of the chain.

The overarching goal of HiCoin's design is to build a robust and secure network that can operate efficiently without the immense energy demands typically associated with traditional PoW cryptocurrencies, striving for a PoS-protected network even as PoW energy requirements diminish to zero.

About this asset

HiCoin (XHI) is a blockchain protocol launched in 2015, aiming to address the energy consumption concerns prevalent in the cryptocurrency industry. It proposes a novel approach by implementing a hybrid Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanism, with a strategic emphasis on transitioning towards a fully PoS-secured network.

The project's foundational principle is to demonstrate the feasibility of a decentralized network that does not rely on vast energy resources. HiCoin's PoS system introduces a unique 'Coinstake' transaction, allowing users to participate in block generation and new token creation by staking their XHI tokens. This mechanism, combined with security features like checkpointing and a duplicate-stake protocol, is designed to ensure network integrity and efficiency.

HiCoin's vision is to establish a sustainable and secure blockchain environment, minimizing the environmental impact often associated with cryptocurrency operations while maintaining robust network security.

Network & addresses

Network addresses, often referred to as wallet addresses or contract addresses, are unique identifiers on a blockchain network used to send, receive, or interact with cryptocurrency tokens. For HiCoin (XHI), specific network addresses are not publicly confirmed in the provided data.

Typically, a user would find their HiCoin wallet address within a compatible cryptocurrency wallet application. For smart contract-based tokens, a contract address on a platform like Ethereum or Binance Smart Chain would be provided, allowing users to interact with the token's smart contract. The absence of publicly confirmed addresses for XHI could indicate a lack of active development, limited exchange support, or that the project operates on a less common or proprietary blockchain without widely published contract details.

Investors should always verify the official contract addresses and wallet compatibility directly from the project's official website or reputable block explorers before attempting any transactions.

Market behavior & liquidity

The market behavior of HiCoin (XHI) is characterized by extreme dormancy and illiquidity, as evidenced by its reported $0.00 price, $0.00 market cap, $0.00 24-hour trading volume, and 0 circulating supply. These metrics collectively paint a picture of an asset that is not actively traded or supported in public markets.

When an asset exhibits such behavior, it typically means:

  • No Price Discovery: With zero trading volume, there are no active buyers or sellers to determine a market-driven price. The reported $0.00 is a nominal value, not a reflection of active market sentiment.
  • Complete Illiquidity: It would be virtually impossible for an individual to buy or sell XHI tokens on any significant scale without encountering severe slippage or simply finding no counterparty.
  • Project Dormancy or Abandonment: A sustained period of zero activity often suggests that the project has been abandoned by its developers, lost community interest, or failed to gain traction.
  • Lack of Exchange Support: Assets with these characteristics are typically delisted from major exchanges or were never listed in the first place, further contributing to their illiquidity.
  • High Risk: Any investment in such an asset carries an exceptionally high risk of total loss due to the inability to exit a position.

The all-time high of $0.0908 indicates that XHI once had some market value, suggesting a historical period of activity. However, its current state implies a complete reversal of that market interest. Investors should approach assets with these market characteristics with extreme caution and assume a high probability of irrecoverable capital.

FAQ
What is HiCoin (XHI) and its primary goal?

HiCoin (XHI) is a blockchain-based protocol that aims to reduce energy consumption within the cryptocurrency ecosystem. Its primary goal is to demonstrate the viability of a network that does not depend on immense sources of energy, primarily through a Proof of Stake (PoS) strategy.

How does HiCoin achieve energy efficiency?

HiCoin achieves energy efficiency through a hybrid design that utilizes both Proof of Work (PoW) and Proof of Stake (PoS) strategies, with a long-term vision to transition to a PoS-only model. Its PoS mechanism, called Coinstake, allows users to generate new blocks and tokens by consuming their existing XHI tokens, which is significantly less energy-intensive than PoW.

When was the HiCoin whitepaper released?

The whitepaper for HiCoin was released in 2015, outlining its vision and technical specifications for an energy-efficient blockchain protocol.

What security features does HiCoin implement?

HiCoin implements a checkpoint mechanism to prevent unauthorized block reorganizations, ensuring community agreement on network status. It also uses a duplicate-stake protocol, which requires each block to be signed by its owner, thereby preventing attackers from using the same PoS to generate multiple blocks.

What is the current market status of HiCoin (XHI)?

Based on available data, HiCoin (XHI) currently has a price of $0.00, a market cap of $0.00, and zero 24-hour trading volume. Its circulating supply is also reported as 0. These metrics indicate that the asset is highly illiquid and likely dormant or inactive in public trading markets.

Tokenomics & supply

Tokenomics refers to the economic model governing a cryptocurrency, including its supply, distribution, and utility. For HiCoin (XHI), the reported circulating supply of 0 presents a unique and critical aspect of its tokenomics.

The core of HiCoin's token generation and distribution mechanism is its Proof of Stake (PoS) 'Coinstake' transaction. In this system, users 'consume' their tokens to generate new blocks, and in doing so, new tokens are created for the platform. This implies a continuous, albeit potentially slow, issuance model tied directly to network participation.

However, a circulating supply of 0 suggests that either no tokens have been distributed to the public, all tokens are locked, or the project's token distribution mechanism has not been activated or is no longer functional. This lack of circulating tokens means there is no public market for XHI, and therefore, no active token economy. Without tokens in circulation, the PoS mechanism cannot function as intended by public participants, and the utility of XHI as a medium of exchange or store of value is severely limited.

For a healthy token economy, a transparent and active circulating supply is essential, allowing for price discovery, liquidity, and broad participation in the network's consensus and governance. The current tokenomics of HiCoin, as indicated by the data, point to a project that is not currently engaging in active token distribution or market activity.

Comparable assets

Comparable assets are cryptocurrencies that share similar characteristics, such as market capitalization, underlying technology, or use case. Identifying comparables helps investors contextualize an asset's valuation and potential.

Given HiCoin's reported market cap of $0.00, it falls into a category of assets with extremely low or non-existent market valuation. The provided data suggests that assets with a similar market cap to HiCoin include 2GIVE, Bitcoin 21, and EDRCoin. These assets typically represent projects that are either very early stage, have minimal market adoption, or are considered dormant.

When evaluating comparables, investors should look beyond just market cap. Key factors to consider include:

  • Consensus Mechanism: Are they also hybrid PoW/PoS or purely PoS?
  • Energy Efficiency Focus: Do they share a similar mission to reduce environmental impact?
  • Development Activity: Are the comparable projects actively being developed and updated?
  • Community Engagement: Do they have active communities and social media presence?
  • Exchange Listings & Liquidity: Are they traded on reputable exchanges with sufficient liquidity?

For HiCoin, the most relevant comparables might be other older, less active projects that attempted innovative consensus mechanisms but failed to gain significant market traction. A thorough analysis would involve comparing their whitepapers, development roadmaps, and current market presence.

Risks & limitations

Investing in cryptocurrencies, especially those with characteristics like HiCoin (XHI), carries significant risks. Potential investors should be aware of the following:

  • Extreme Illiquidity: With a reported $0.00 market cap, $0.00 trading volume, and 0 circulating supply, XHI is effectively illiquid. It is highly probable that you would be unable to buy or sell any significant amount of XHI, leading to a complete loss of capital.
  • Project Dormancy or Abandonment: The lack of market activity strongly suggests that the HiCoin project may be dormant, abandoned by its developers, or has failed to achieve its objectives. This means no further development, security updates, or community support.
  • No Price Discovery: Without active trading, the reported price of $0.00 is nominal and does not reflect a true market value. There is no mechanism for price discovery, making any valuation speculative.
  • Security Vulnerabilities: If the project is dormant, its underlying blockchain and protocols may not be maintained or updated, potentially leaving it vulnerable to security exploits that could compromise any existing tokens.
  • Lack of Utility and Adoption: A cryptocurrency's value is often tied to its utility and adoption. With no circulating supply and no active market, XHI currently lacks both, making its long-term viability questionable.
  • Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is constantly evolving. Dormant projects may face additional challenges if new regulations require compliance that the project is no longer equipped to meet.
  • Information Scarcity: Limited public information and lack of recent updates make it difficult for investors to conduct thorough due diligence and assess the true state of the project.

Given these substantial risks, HiCoin (XHI) should be considered a high-risk asset with a significant probability of total loss for any investment.

Tools & calculator & data quality

The provided data for HiCoin (XHI) includes its current price ($0.00), 24-hour change (0.00%), market cap ($0.00), 24-hour trading volume ($0.00), all-time high ($0.0908), and circulating supply (0). Additionally, a detailed description of the project's technology, history (whitepaper released in 2015), and references to Coinbase Learn articles were provided.

However, several critical pieces of information are missing or indicate extreme dormancy:

  • Missing: Specific date for the current price, network addresses (contract addresses), active development roadmap, team details, community statistics, and current exchange listings.
  • Missing: Historical price data beyond the all-time high, which would allow for a comprehensive price chart and volatility analysis.
  • Missing: Details on token distribution beyond the 'Coinstake' mechanism, and reasons for the 0 circulating supply.

The absence of these facts, combined with the reported zero values for market cap, volume, and circulating supply, severely limits confidence in HiCoin's current market viability and active status. The data strongly suggests that the project is either inactive, abandoned, or has no public market presence.

To verify next steps, an investor should:

  • Attempt to locate an active official website or community channels (e.g., GitHub, Twitter, Telegram) for recent updates.
  • Search for any active exchange listings and attempt to verify liquidity.
  • Investigate the reasons behind the 0 circulating supply and $0.00 market cap.
  • Look for any public statements from the original development team regarding the project's status.
Tools & calculator
HiCoin (XHI) Value Calculator

This calculator allows you to estimate the potential value of your HiCoin (XHI) holdings based on a hypothetical future price. Due to the current reported price of $0.00 and zero circulating supply, this tool is purely illustrative and does not reflect current market reality.

Instructions:

  • Enter the amount of XHI you theoretically hold.
  • Enter a hypothetical future price per XHI (e.g., $0.01, $0.05).
  • The calculator will display the estimated total value.

Example: If you held 10,000 XHI and the price hypothetically reached $0.01, your estimated value would be $100.00.

Disclaimer: This tool is for educational purposes only. The current market for HiCoin (XHI) is illiquid, and there is no guarantee of future price appreciation or even the ability to trade the asset.

Summary snapshot

HiCoin (XHI) is a blockchain protocol launched in 2015 with the ambitious goal of creating an energy-efficient cryptocurrency ecosystem. It employs a hybrid Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanism, featuring a unique 'Coinstake' transaction for block generation and new token creation, alongside security measures like checkpointing and a duplicate-stake protocol.

However, current market data paints a picture of extreme dormancy: a reported price of $0.00, zero market capitalization, zero 24-hour trading volume, and a circulating supply of 0. While the project's all-time high was $0.0908, its present state indicates a complete lack of active trading, liquidity, and public market presence.

For investors, HiCoin represents a high-risk asset with significant challenges related to illiquidity, potential project abandonment, and an absence of price discovery. Due diligence is critical, focusing on verifying any current development, community activity, and the feasibility of acquiring or divesting XHI tokens.

Related assets

When exploring assets similar to HiCoin (XHI), investors often look for projects with comparable market capitalization, technological approaches, or use cases. Given HiCoin's reported $0.00 market cap, related assets would typically include other projects that are either very early stage, have minimal market adoption, or are considered dormant.

Based on the provided information, assets such as 2GIVE, Bitcoin 21, and EDRCoin are listed as having similar market capitalization. These assets may share characteristics of low liquidity and limited market activity.

For a more comprehensive comparison, one might also consider other older Proof of Stake (PoS) or hybrid consensus projects that aimed for energy efficiency. However, due to HiCoin's current inactive market status, direct comparisons based on active development, community, or trading metrics are challenging. Investors should research the current status of any 'related' asset thoroughly, as market conditions can change rapidly.



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