Chinese People’s Bank Dollar

The CNX is a cryptocurrency that was created in 2014. It is based on the Bitcoin protocol but uses a different algorithm for mining, called X11. The CNX is mined using a Proof of Work (PoW) system. The CNX team is based in China and the currency is traded on several exchanges, including Bter, Cryptopia, and YoBit. The CNX has a block time of 60 seconds and a total supply of 21 million coins. The block reward is currently set at 10 CNX. The CNX is a relatively new currency but has already gained a lot of popularity due to its low transaction fees and fast transaction times.