SIBCoin (SIB)

SIBCoin is a decentralized digital currency and peer2peer payment platform. It was forked from the Dash blockchain but with major tweaks such as enhanced encryption. The platform was created by Russian cryptographers in 2015 to advance the gains achieved in the blockchain system. The coin was originally designed to act as an altcoin for the Siberian region. It targeted to address the needs of the Russian speaking community to reach the Eastern European region that had been left because of cultural barriers. The users in the SIBCoin users interact directly and form a network where transactions are recorded on a public ledger that is tamper-proof and distributed across all computers in the system. The platform employs a reinforced hashing algorithm referred as Streebog that is ASIC resistant.
Rank 744
Price $0.1144
Market Capitalization $1 963 192
24 Hours Volume $38 207
Available Supply 17 156 092 SIB
Total Supply N/A
Change (1 Hour) -2.57%
Change (24 Hours) -6.68%
Change (7 Days) -18.16%
SIBCoin News
Dash-Forked Cryptocurrency Sibcoin Gets Integrated in Moneypolo
July 7th, 2017

Sibcoin, a project developing the similarly-named cryptocurrency, decides to integrate its coin in the Moneypolo’s services.

June 27th, 2017

The team behind Sibcoin project is finally launching a decentralized platform for cross-border money transfers following a few months of development.

SibCoin Fixes Its Eyes on China after Capturing Siberia’s Cryptocurrency Market
April 4th, 2017

Dash forked SibCoin cryptocurrency announces its entry into the Chinese market.