FULLFORMDEFINITION
This section includes 8145 fullforms, each offering curated multiple-choice questions to sharpen your Cryptocurrency knowledge and support exam preparation. Choose a topic below to get started.
| 5251. |
BTSE meaning in Cryptocurrency ? |
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Answer» INFO: Full form for BTSE is BTSE in Cryptocurrency category
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| 5252. |
GZONE meaning in Cryptocurrency ? |
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Answer» INFO: Full form for GZONE is GameZone in Cryptocurrency category nan |
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| 5253. |
GSWAP meaning in Cryptocurrency ? |
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Answer» INFO: Full form for GSWAP is Gameswap in Cryptocurrency category nan |
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| 5254. |
mVIXY meaning in Cryptocurrency ? |
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Answer» What is mVIXY? Mirrored ProShares VIX (mVIXY) is a synthetic asset tracking the price of a ProShares VIX ETF. It can be minted on the Mirror Protocol, which references on-chain prices provided by Band Protocol's decentralized network of oracles. mVIXY exists as CW20 and ERC20 versions, which can be traded on Terraswap and Uniswap, respectively. Learn more about mVIXY at https://mirror.finance. reference nan |
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| 5255. |
LIKE meaning in Cryptocurrency ? |
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Answer» LikeCoin (LIKE) is a cryptocurrency . LikeCoin has a current supply of 1,075,200,785.557116 with 1,018,301,296.2845964 in circulation. The last known price of LikeCoin is 0.03341918 USD and is up 2.51 over the last 24 hours. It is currently trading on 3 active market(s) with $108,997.69 traded over the last 24 hours. More information can be found at https://like.co. reference
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| 5256. |
RAINI meaning in Cryptocurrency ? |
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Answer» Rainicorn is a deflationary NFT farming token which allows its holders to mint limited edition NFTs and trading cards created by established and emerging artists. A trading card game is in the works, and physical fulfilment of NFT items will become a key part of the platform. Platform revenue will be used in part to offset all carbon emmissions from smart contract interactions with the Ethereum blockchain, and another component will be used to buy back and burn tokens, putting upward pressure on price. reference nan |
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| 5257. |
SHILL meaning in Cryptocurrency ? |
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Answer» What Is SHILL Token? SHILL Token is utility token of Project SEED - a AAA Game Studio building mobile focused blockchain gaming ecosystem that utilizes Multi Blockchain and integrates Governance, GameFi, and NFT. SHILL Token uses cases include: All in-game transactionsStaking to receive various benefitsGovernance votes to determine the project development3 on-chain key elements: NFT + DeFi + DAO NFT: Players can create their own NFT and make it their own assets with fixed supply that are tradeable in the in-game NFT marketplace. There are 2 types of NFT marketplace on Project SEED to foster game assets liquidity: P2P & Rental Marketplaces. DeFi: The in-game DEX features In-App money changer where players can buy and sell tokens with several token pairs. It is also the platform to stake in liquidity provider tokens, which will give out SHILL tokens as rewards. DAO: Players govern the world and the ecosystem. Voting will be available on the platform for the players to propose and vote regarding game development, world advancement, equipment development, etc. Game Play: Zeds Taming: Players go on adventures and find Zeds they can tame and spawn to bring along in the adventure. When catching a Zed, players have 2 options: keep or defeat. Defeated Zeds give players’ loot items which can be used to craft armors and weapons. Zeds and loot drop will be determined by how much the player is willing to stake their tokens. Cooperative Adventures: Players can play the story together with 3 other players. There will be special quests where players have to play together with their friends only to fight the bigger and harder mythical Zeds. Tournament Battles: Players can enter tournaments to beat other players and also to show off what Zeds and armors they have. Tournaments are divided into solo or team players, and the winner of the tournament will win cash prizes distributed in SHILL tokens into their wallets. Guild Wars: Guilds can enter tournaments to battle with other guilds for rewards. It could be solo or team battles, where players have to be in the same guild to build a team. There will also be special co-op events to defeat Zeds that are unbeatable if playing solo. How Many SHILL Coins Are There in Circulation?Initial Circulating Supply: 27,250,000 SHILL (excluding LPs) Who Are the Founders of Project SEED?Project SEED is the brainchild of 2 pairs of chiefs: exBinance CMs Liko Subakti, Mohammed Elelu-Bashir and Dinh Thi Thao Trang met while they worked at Binance in 2018, and developers Baskoro Hadi and Alex Setiawan are 15 years friends with experience in top companies in the US. This project now employs more than 30 staff, including artists and developers with experience at Binance, Crypto.com, PlayStation, Transformers® and Marvel Ultimate Alliance 2® reference
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| 5258. |
DACXI meaning in Cryptocurrency ? |
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Answer» What is Dacxi Coin? Dacxi Coin is the native currency for the global Dacxi ecosystem which is a pioneering Crypto-Wealth sector. Founded in 2017, Dacxi now has six offices globally, proprietary exchange network technology, and has launched its platform expansion that will see 100 country platforms launched by end 2022 Crypto-Wealth is expected to become the next big market in Crypto-Assets, which Dacxi already leads in the UK and Australian markets. The primary use of the Dacxi Coin is for cross-border investment transfers, blockchain fees and exchange transactions for a new global tokenised crowd-funding system, based on its global network of licensed Crypto-Wealth platforms. A bespoke blockchain, supported by a marketing machine can support thousands of investment opportunities at any one time. Crowd funding, via tokenisation, is a multi-trillion dollar marketplace. Dacxi's in-house tech team pioneered have been pioneering the building of global networks of crypto-exchanges since 2017 This includes IP on all code for exchange matching-engines and platform protocols. Who are the Founders of Dacxi? Since founding, Dacxi has focused on building its global team rather than focusing on specific founders given its decentralised licensee model. Currently it has a team of 45 in six offices. Unlike most crypto-companies, Dacxi has highly experienced business people at the heart of the company who have decades delivering fintech, and particularly retail investment, platforms. What makes Dacxi Unique? Dacxi is pioneering two inter-connected niches for the crypto-world; the Crypto-Wealth sector and global tokenised crowd-funding. Crypto-wealth is the new sector of the global 'wealth' industry that treats crypto-assets as an investible asset class. This sector is dominated by tech-phobic investors of over 45 years old yet who control 90% of world's wealth and need specialist platforms and support. Dacxi leads the UK and Australian markets where it has already built a solid foundation of committed platform users. Dacxi's Global Innovation Funding System will revolutionise crowd funding and the ICO market. Based on a global network of locally licensed crypto- wealth platforms, and their 'wealth-investor' users, Dacxi will be able to secure, create, launch and fulfilled thousands of projects monthly. To empower and protect Dacxi's older customer base, Dacxi has developed the world's leading education system for crypto-wealth builders, not the traders or speculators addresses by world's other exchanges, with hundreds of webinars, courses and meetups each months, creating the industry's most dynamic and committed crypto community. Dacxi in the Media/Associations Dacxi is regularly featured in the UK media, both trade and national press, and this profile is increasing in Australia. The company is members of relevant fintech/blockchain trade associations in UK, Singapore, Australia and New Zealand. The company operates under a EU crypto---license. How many Dacxi Coins Are There In Circulation? Dacxi has minted 10 billion coins as Max Supply with 3.1 billion in Circulating Supply. 16% of coins from 1000+ customers have been voluntarily locked up for 6 to 12 months. The remaining coins held by the Dacxi subsidiaries, staff and founders are escrowed until 2022 How is the Dacxi Network Secured? As an Ethereum-based ERC-20 token, Dacxi is secured by the proof-of- stake [POS] consensus mechanism. Unlike the proof-of-work [PoW] consensus utilized by Bitcoin, PoS relies on the amount of staked tokens for selecting node validators. Where can you buy Dacxi? Dacxi tokens can be purchased on HitBTC, Coinsbit, Bitforex and Crex24. reference nan |
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| 5259. |
vUSDT meaning in Cryptocurrency ? |
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Answer» Venus USDT (vUSDT) is a cryptocurrency and operates on the Binance Smart Chain (BEP20) platform. Venus USDT has a current supply of 1,486,153,169. The last known price of Venus USDT is 0.02150862 USD and is up 0.03 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://app.venus.io/dashboard. reference nan |
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| 5260. |
HOTCROSS meaning in Cryptocurrency ? |
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Answer» Hot Cross is an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Their development philosophy is agile, and they are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C. The core thesis that Hot Cross presents is that users and teams will migrate in part to new networks that feel familiar when presented with sufficient tooling and freedom. Hot Cross is a company and an ecosystem in and of itself, and our goals are towards allowing communities to flourish using our technologies, whether or not they know we are the ones building them. reference nan |
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| 5261. |
VIDT meaning in Cryptocurrency ? |
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Answer» INFO: Full form for VIDT is VIDT Datalink in Cryptocurrency category nan |
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| 5262. |
METAPETS meaning in Cryptocurrency ? |
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Answer» INFO: Full form for METAPETS is MetaPets in Cryptocurrency category nan |
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| 5263. |
INSUR meaning in Cryptocurrency ? |
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Answer» INFO: Full form for INSUR is InsurAce in Cryptocurrency category nan |
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| 5264. |
LQTY meaning in Cryptocurrency ? |
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Answer» INFO: Full form for LQTY is Liquity in Cryptocurrency category nan |
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| 5265. |
ERC20 meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ERC20 is ERC20 in Cryptocurrency category nan |
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| 5266. |
FLETA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for FLETA is FLETA in Cryptocurrency category nan |
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| 5267. |
SNTVT meaning in Cryptocurrency ? |
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Answer» INFO: Full form for SNTVT is Sentivate in Cryptocurrency category nan |
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| 5268. |
vXVS meaning in Cryptocurrency ? |
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Answer» INFO: Full form for vXVS is Venus XVS in Cryptocurrency category nan |
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| 5269. |
NFTX meaning in Cryptocurrency ? |
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Answer» INFO: Full form for NFTX is NFTX in Cryptocurrency category nan |
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| 5270. |
FIRO meaning in Cryptocurrency ? |
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Answer» INFO: Full form for FIRO is Firo in Cryptocurrency category |
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| 5271. |
vBUSD meaning in Cryptocurrency ? |
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Answer» INFO: Full form for vBUSD is Venus BUSD in Cryptocurrency category nan |
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| 5272. |
ZASH meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ZASH is ZIMBOCASH in Cryptocurrency category nan |
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| 5273. |
GLCH meaning in Cryptocurrency ? |
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Answer» INFO: Full form for GLCH is Glitch in Cryptocurrency category nan |
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| 5274. |
PENDLE meaning in Cryptocurrency ? |
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Answer» INFO: Full form for PENDLE is Pendle in Cryptocurrency category nan |
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| 5275. |
URUS meaning in Cryptocurrency ? |
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Answer» INFO: Full form for URUS is Aurox in Cryptocurrency category nan |
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| 5276. |
ONUS meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ONUS is ONUS in Cryptocurrency category
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| 5277. |
NULS meaning in Cryptocurrency ? |
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Answer» INFO: Full form for NULS is NULS in Cryptocurrency category nan |
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| 5278. |
XHV meaning in Cryptocurrency ? |
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Answer» INFO: Full form for XHV is Haven Protocol in Cryptocurrency category nan |
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| 5279. |
vUSDC meaning in Cryptocurrency ? |
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Answer» INFO: Full form for vUSDC is Venus USDC in Cryptocurrency category nan |
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| 5280. |
ROOK meaning in Cryptocurrency ? |
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Answer» INFO: Full form for ROOK is KeeperDAO in Cryptocurrency category nan |
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| 5281. |
BNX meaning in Cryptocurrency ? |
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Answer» INFO: Full form for BNX is BinaryX in Cryptocurrency category nan |
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| 5282. |
BNANA meaning in Cryptocurrency ? |
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Answer» INFO: Full form for BNANA is Chimpion in Cryptocurrency category nan |
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| 5283. |
META meaning in Cryptocurrency ? |
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Answer» INFO: Full form for META is META BSC in Cryptocurrency category |
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| 5284. |
META meaning in Cryptocurrency ? |
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Answer» INFO: Full form for META is METArcade in Cryptocurrency category |
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| 5285. |
META meaning in Cryptocurrency ? |
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Answer» INFO: Full form for META is MetaversePRO in Cryptocurrency category |
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| 5286. |
META meaning in Cryptocurrency ? |
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Answer» INFO: Full form for META is Meta Inu Token in Cryptocurrency category |
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| 5287. |
META meaning in Cryptocurrency ? |
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Answer» INFO: Full form for META is MetaCash in Cryptocurrency category |
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| 5288. |
META meaning in Cryptocurrency ? |
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Answer» INFO: Full form for META is MetaZuckZilla in Cryptocurrency category |
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| 5289. |
META meaning in Cryptocurrency ? |
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Answer» MetaverseMiner is an ecosystem with the characteristics of "low energy consumption", "low investment" and "continuous income". It uses terminal controllers to obtain various primitive energies in unfamiliar galaxies, and links "Metaverse" to Every human planet. The Metaverse Miner project ecosystem is built on the basis of three assets: $META token, planet NFT and miner NFT. Among them, Planet NFT is the core asset of Metaverse Miner, which is extremely scarce. Miner NFT is the main way for Metaverse Miner ecosystem to realize $META token distribution and value capture. reference |
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| 5290. |
META meaning in Cryptocurrency ? |
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Answer» INFO: Full form for META is META GROW in Cryptocurrency category |
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| 5291. |
META meaning in Cryptocurrency ? |
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Answer» Metamusk is The FIRST Musk Metaverse Meme token which is completely decentralized, deflationary, properly audited, and its sole purpose is so WAGMI together and live peacefully in the Metaverse. 50% of supply burned.Liquidity locked.Metaverse exposure.Meme lab launching soon. reference |
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| 5292. |
ZLW meaning in Cryptocurrency ? |
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Answer» Online trading platform ZELWIN is a place where digital assets and e-commerce are combined. For every purchase, customers get guaranteed cashback in ZLW tokens. They instantly are able to exchange these tokens for various cryptocurrencies, USD/EUR, send them to VISA/MasterCard, or save them up. 11 teams worked on this powerful project, including developers, designers, sales specialists, programmers, blockchain technology specialists, lawyers, economists, PR specialists and marketers, HR specialists, e-commerce specialists, and many others. In addition, Zelwin claims it is a ready-made product with a clear business model, mass adoption, and powerful affiliate program. reference nan |
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| 5293. |
AURY meaning in Cryptocurrency ? |
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Answer» What Is Aurory (AURY)? Aurory is a Japanese role-playing game built on Solana and set in a retro-futuristic universe. Players get to choose between different game modes, such as solo game mode and two multiplayer modes. The solo game mode is a fully hand-drawn side-scrolling game in 2D animation. Players follow the quest of Helios, a retro-futuristic cat-like protagonist, and have to fulfill quests, talk to NPCs, and defeat opponents to advance the plot. Defeated opponents will be earned as NFTs, which can then later be used as part of the multiplayer mode. In those, players will be able to stake NFTs they earned by defeating monsters to win in-game skins, unique and legendary cards, and power-ups. These items can then later be used against other players or traded on the native marketplace. The team also plans a player-versus-player mode, where gamers can challenge each other by choosing five of their items and cards to fight in a contest. The winner gets to collect all the tokens paid to begin the battle. A leaderboard will rank players based on their achievements and allow them to compete for giveaways. Who Are the Founders of Aurory?Aurory was founded by co-founder and Creative and Art Director Yann Penno and Marketing and Operations lead and second co-founder Paul Vadillo. Penno brings long-standing experience in the gaming industry with 14 years of work as a 2D/3D animator and art/creative director for indie games. His colorful visual style and cute characters are exemplary for the design of Aurory and are somewhat reminiscent of Dragonball. Vadillo has been a full-time investor in cryptocurrencies since 2019. The eight-person strong team is completed by five more animators and designers and complemented by two advisors. What Makes Aurory Unique?Aurory utilizes the same play-to-earn game mechanics that have made games like Axie Infinity (AXS) wildly successful. Players can earn tokens and NFTs by playing the game, which can later be used to buy items in the marketplace and improve their chances of success in the game. NFTs in the Aurory universe are called Aurorians and have several utilities for the game. First, they serve as visual identity in the game. In other words, a player’s Aurorian is his avatar. Aurorians give players access to future game modes and function as keys to test and validate additional modes that will be added to player-versus-player. In the future, Aurorians are supposed to act as in-game skin modelized in 3D that will allow players to evolve in future gameplay modes. These NFTs can also be used as collateral to borrow liquidity against on the Serum DEX. The team also plans to have farming and staking options for the AURY token. Related Pages:Check out Axie Infinity (AXS) — a pet-oriented trading game incorporating NFTs. Check out AnRKey X (ANRX) — another highly popular NFT game. Learn how NFTs work in our guide to non-fungible tokens. Get the latest crypto news and latest trading insights with the CoinMarketCap blog. How Many Aurory (AURY) Coins Are There in Circulation?Aurory hasn’t yet published a whitepaper, so there is no information out about its tokenomics. The only information provided so far has been that players will be able to earn interest on their AURY by staking them and farming liquidity. However, no timetable or detailed information has been published regarding this. How Is the Aurory Network Secured?Aurory will be set up on the Solana blockchain. The team selected Solana for its fast transaction times and minuscule transaction fees. It is part of a bigger push of upcoming blockchain games on Solana, such as Star Atlas. Solana is a layer one blockchain with a proof-of-stake consensus mechanism with partial Byzantine Fault Tolerance. It has 200 nodes operating worldwide that can, at their peak, process up to 50,000 transactions per second. Solana performs a set of coordinated optimizations to achieve such impressive performance and processes transactions in a multi-threaded way, which sets it apart from slower blockchains. When Will Aurory (AURY) Trading Begin?Aurory trading is supposed to launch on Serum; however, no launch date has been specified as of late August 2021. Where Can You Buy Aurory (AURY)?AURY is supposed to be traded on Serum in the future. If you want to learn more about how you can start buying cryptocurrencies, you can read more in our guide here. reference nan |
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| 5294. |
AIOZ meaning in Cryptocurrency ? |
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Answer» AIOZ Network is a distributed CDN built on our very own Blockchain. On AIOZ Network, users share redundant memory, storage and bandwidth resources to create a vast CDN capable of powering streaming platforms anywhere in the world. We aim to change the way the world streams videos. To better understand this, imagine that you're watching a video on your phone. Today that video streams from a content delivery network (CDN). A CDN is a system of servers in various locations storing and delivering content to viewers and their devices - like a video you watch on your phone. AIOZ Network creates a distributed content delivery network (dCDN) and represents a major shift in the way the world streams video. On a dCDN, a video comes from one of many Nodes - a regular person paid to store and deliver content from their device with the help of an app. The app harnesses the device's unused resources such as extra computing power, bandwidth, and storage. reference nan |
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| 5295. |
XNC meaning in Cryptocurrency ? |
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Answer» Launched on 20/10/2019 by a team based in Greece. XeniosCoin is a POW/POS digital currency. XeniosCoin describes itself as a business and asset management-oriented cryptocurrency. It aims to offer anonymous, secure, and fast transactions. Xenios Coin (XNC) is designed to be a digital currency with real use. Starting with the support of the Hellenic Blockchain Association, it will be used as the official currency for yearly member subscriptions to the association. reference nan |
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| 5296. |
DERO meaning in Cryptocurrency ? |
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Answer» What Is Dero (DERO)? Dero is the first crypto project to combine a proof-of-work blockchain with a DAG block structure and wholly anonymous transactions. It aims to be a revolutionary improvement from existing privacy coins like Monero (XMR) or Z-Cash (ZEC). Dero intends to do that by combining the best of both consensus mechanisms. Its implementation builds out a main chain from the DAG network of blocks, which refers to main blocks and side blocks. Side blocks contribute to chain proof-of-work security, making traditional 51% attacks impossible. In contrast to traditional blockchains, Dero considers the transaction as the smallest unit of computation, not the block. Therefore, blocks on Dero can contain duplicate or double-spend transactions, but these are filtered by the client protocol and ignored by the network. In plain English, Dero supposedly manages to combine the security and decentralization of a proof-of-work blockchain with the scalability and transaction speed of DAG technology. Dero’s goal is a blockchain network that can serve businesses and individuals worldwide and support secure, fast, and anonymous transactions and smart contract execution. Who Are the Founders of Dero?Dero was launched in December 2017 by a team of three full-time developers. Its team is anonymous but claims to have over a decade of experience in cryptography each, with multiple years of experience in blockchain development on top. Given the project’s complexity and the milestones the team reached — it basically designed an entirely new consensus mechanism in Golang, a programming language with a high degree of immunity to security vulnerabilities — it’s safe to assume that Dero was created by people with long hands-on experience in cryptography. What Makes Dero Unique?Dero was developed from scratch to support millions of users with enhanced reliability, privacy, security and usability. It followed a “build it and they will come” approach in the sense that the team focused on designing working technology first, before focusing on marketing. One of its key features is the utilization of CryptoNote, a protocol that conceals the sender and receiver of a transaction, protecting the identity of all parties involved and ensuring privacy. It is also the first blockchain to have complete SSL in the peer-to-peer layer. This encrypts all its network traffic and conceals it from internet service providers wishing to analyze the traffic. Dero is also the first CryptoNote blockchain to have 75 transactions per second on its native blockchain, not using any scaling solutions like lightning networks. Notably, this is significantly above the roughly five transactions per second Bitcoin achieves. Furthermore, it has ten times faster Bulletproof than normal. Bulletproofs is a cryptographic technique that reduces the space needed for zero-knowledge range proofs. As such, Dero might address use cases that require privacy such as voting services, escrow services, and address certification/verification. Given the team's progress made so far, it established a minimum viable product in August 2018 and plans to launch smart contracts on the mainnet in Q3 2021; Dero can lay a legitimate claim on being one of the top privacy coins on the market. Related Pages:Check out Iota — another project built on directed acyclic graph technology. Check out Monero (XMR) — the most popular privacy coin. Check out Z-Cash (ZEC) — another privacy coin. Learn more about privacy coins in our detailed guide to privacy coins. Get the latest crypto news and latest trading insights with CoinMarketCap’s education portal — Alexandria. How Many Dero (DERO) Coins Are There in Circulation?Dero has a maximum supply of 18.4 million. An initial pre-mine of two million DERO was established on network launch but is not part of the circulating supply. It will be used to finance development and marketing. Dero has a submission rate of 157,000 DERO/year with a smoothly varying block reward. Its block time is at 27 seconds, significantly faster than that of other proof-of-work blockchains, with confirmation time being 4.5 minutes. How Is the Dero Network Secured?Dero designed its unique and powerful security mechanism. Besides the outlined features, Dero implemented a new mining algorithm called AstroBWT, an open-source proof-of-work consensus mechanism based on one-CPU-one-vote. This consensus mechanism reduces the performance advantage of specialized hardware, preventing the sort of miner oligopoly that Bitcoin suffers from, with miners using ASICs to mine Bitcoin. This distributes mining rewards more fairly and a consensus is reached by a majority decision via CPU power of its network of nodes. By combining the CryptoNote protocol with DAG, Dero is resistant to hash rate attacks and soft forks without suffering downtime. It is also the fastest CryptoNote-based blockchain deployed. Where Can You Buy Dero (DERO)?DERO is available on KuCoin, TradeOgre, CoinEx and ViteX. If you want to learn more about cryptocurrencies and how to start buying them, you can read more here in our education portal — Alexandria. reference nan |
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| 5297. |
RFOX meaning in Cryptocurrency ? |
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Answer» INFO: Full form for RFOX is RFOX in Cryptocurrency category nan |
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| 5298. |
ALBT meaning in Cryptocurrency ? |
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Answer» AllianceBlock is described to provide the bridge between traditional and digital capital markets for all participants, , reflecting how traditional finance would be designed today with current technology. It is claimed that its ecosystem streamlines issuance, validation and clearance while integrating a progressive regulatory and compliance framework in order to reduce costs and increase efficiency. reference
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| 5299. |
API3 meaning in Cryptocurrency ? |
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Answer» What Is API3 (API3)? Smart contracts often struggle to access dependable data, but application programming interfaces (APIs) have been touted as a solution to this problem. API3’s stated goal is to allow decentralized versions of APIs to be built, managed and monetized at scales. As blockchain technology plays an ever bigger role in the economy — from decentralized finance to supply chain management — the team behind this project says it has never been more important for smart contracts to provide “timely, reliable real-world data.” The whitepaper for API3 was unveiled in September 2020 and set out the main problem that’s associated with APIs at present: connectivity. At present, there’s no way for smart contracts to establish a direct connection with APIs for the latest data — and this has led to an explosion in the popularity of oracles. Although this has helped solve the problem to some extent, the industry has since been grappling with the “Blockchain Oracle Problem.” Oracles are a form of middleware that sit in between APIs and smart contracts — increasing costs and centralization. API3 intends to get around this problem by enabling API providers to operate their very own nodes. API3’s token went live at the start of December following on from a token sale that generated tens of millions of dollars. Who Are the Founders of API3?Three people have come together to bring API3 to life. The first is Heikki Vanttinen, who has written extensively about the project and what it hopes to achieve. He previously worked as founder and CEO at CLC Group, a blockchain lab “developing real-world connected smart contract solutions for a more trustless, efficient and secure future.” Vanttinen also served as chief marketing officer at Zippie, a mobile operating system that aims to help blockchain technology achieve mainstream adoption. Vanttinen has been joined by Burak Benligiray. He also worked at CLC Group, serving as CTO. Benligiray has previously written posts highlighting the merits of ChainAPI, which serves as the integration platform for API3. This has been described as the “spiritual successor” to Honeycomb, which was one of the innovations that had been pursued by CLC Group. And last but by no means least, the third co-founder at API3 is Saša Milić. As well as serving as a sessional lecturer at the University of Toronto, where she taught core curriculum courses to computer science students, she’s also worked as a software engineer for Facebook, and as a simulation data scientist for Gauntlet. What Makes API3 Unique?In the world of blockchain and crypto, we all too often hear about projects that are aiming to bring this technology to established industries such as real estate and finance. One of the most compelling attributes of API3 is how it’s aiming to fix some of the problems that have emerged within the blockchain space itself. APIs are crucial because of how they supply blockchains with off-chain data — without it, these decentralized ledgers wouldn’t have a clue about how much coins should be worth. In setting out why API3 is unique, Vanttinen explained how decentralized APIs can “provide superior data transparency all the way to the factual data source level, compared to existing decentralized oracles, which do not consider the data source API to be within the scope of their solution.” Light and robust middleware called Airnode has been created to make API3 a reality — and the distinctive qualities of this tool concern how it can be deployed in minutes, enhancing transparency and substantially reducing transaction fees in the process. Related Pages:Read about Chainlink, one of API3’s main competitors. Learn about how oracles work in this tech deep dive. Discover the definitions of APIs and smart contracts in our glossary. Subscribe to the CoinMarketCap newsletter. How Many API3 (API3) Coins Are There in Circulation?As of January 2020, CoinMarketCap data suggests that there are 13,847,549 API3 in circulation — out of a maximum supply of 100 million tokens. While 15 million tokens have been distributed among pre-seed and seed investors, a further 20 million tokens were reserved for a public token distribution event that took place over the first two weeks of December. The founding team was allocated 30 million tokens, with 10 million going to partners and contributors. And finally, 25 million went to an ecosystem fund. Tokens sold during a public sale are unlocked, but seed investors and founders are subject to a vesting period of between two and three years. How Is the API3 Network Secured?API3 is an ERC-20 token, meaning that it’s based on the Ethereum blockchain. Where Can You Buy API3 (API3)?One of the most popular exchanges where API3 can be purchased include Uniswap, where it is paired with Wrapped ETH. It’s also available against UDST on Huobi Global and KuCoin, and paired with ETH on OKEx and 1inch. Learn more about how to convert fiat currencies to crypto in our handy guide. reference nan |
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| 5300. |
CENNZ meaning in Cryptocurrency ? |
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Answer» Centrality (CENNZ) is a cryptocurrency . Centrality has a current supply of 1,200,000,000. The last known price of Centrality is 0.1287745 USD and is down -3.72 over the last 24 hours. It is currently trading on 8 active market(s) with $1,399,065.49 traded over the last 24 hours. More information can be found at https://www.centrality.ai/. reference nan |
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