Market Rank | #2317 |
---|---|
Market Cap | $ 4.0M |
Volume 24h | $ 0.3M |
Circ. Supply | 291.7M |
Total Supply | 300.0M |
Max Supply | 300.0M |
The current price of Civilization (CIV) is $ 0.01367511.
Civilization (CIV) is a cryptocurrency token that operates on varying blockchain networks. It enables a host of functionalities including but not limited to peer-to-peer transactions, decentralized applications, and autonomous agreements or contracts known as smart contracts. These features are instant and take place without any need for intermediaries, ensuring both privacy and control for users.
Due to the decentralized nature of blockchain, the specific creator or creators of Civilizations (CIV) may be anonymous or not well-known. The general motivation behind creating cryptocurrencies, however, are to foster financial inclusivity, ensure transaction transparency and security, and to provide a decentralized financial system resistant to censorship.
It can be inferred that Civilization potentially has a unique functionality or service which distinguishes it in the crypto market. The specific differentiating factors are based on the unique features, applications, technology, and community surrounding the token.
Mining represents the process of validating transactions and adding them to the blockchain's public ledger. In the case of Civilization (CIV), if it utilizes proof-of-work mining methodology (like Bitcoin), miners would solve complex mathematical problems, ensuring the network's integrity and security. The impact on the network includes maintaining transaction records, enhancing the network's security, and minting new coins into existence.
If a halving event is applicable to Civilization (akin to Bitcoin), it would decrease the reward for mining operations by half. This scarcity generation typically leads to an increase in the coin's price due to supply reduction and increased demand. The exact impact on the cryptocurrency market would depend on various factors including market sentiment, demand for Civilization, and overall market conditions.
Like other cryptocurrencies, Civilization is likely to employ high-level cryptographic measures to ensure the security and integrity of transactions on its network. This could include systems like a decentralized architecture, cryptography, consensus mechanisms (like proof-of-work or proof-of-stake), and more.
Assuming Civilization (CIV) has an upgrade called Taproot (similar to Bitcoin), it would be a significant improvement to the Civilization network. The importance of such an upgrade may provide increased transactional privacy and smart contract flexibility.
There are currently 291.7M Civilizations in circulation.
Cryptocurrencies are often deemed stores of value due to their limited supply and decentralized nature. If Civilization functions similarly, its value would likely be derived from its scarcity, usefulness, and the level of demand among its user base.
Adopting new technologies in a cryptocurrency network such as Civilization (CIV) typically involves the proposal and implementation of upgrades or forks. This process is often underpinned by consensus from the network's community.
The price of Civilization has recently increased by +4.71%.
Civilization (CIV) can be safely purchased on the following exchanges: Probit, Hotbit, Bkex.
Secure storage of Civilization (CIV) involves keeping tokens in a crypto wallet as opposed to holding them in an exchange. Wallets may be physical devices, mobile applications, or desktop software, all of which secure the user's private keys. For maximum security, cold storage methods such as paper wallets or hardware wallets are often recommended.
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