FLETA FLETA

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$ 0.01688378

FLETA Price (FLETA)

Asset Inactive! Last price update was recorded on Jun 19, 2023

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FLETA to USD Price Chart

What is the price of FLETA today?

As of the latest data, FLETA (FLETA) is trading at $ 0.01688378 per token. The 24-hour trading volume for FLETA is 1.7, and it has increased by +0.00% in the last day. Remember that cryptocurrency prices are highly volatile and can change rapidly within minutes or seconds.

What Is FLETA?

FLETA is a blockchain platform designed to serve as a foundation for real-world business applications. The platform boasts a variety of innovative blockchain technologies—a distinctive feature that sets it apart in the blockchain ecosystem. FLETA aims to overcome common challenges faced by existing platforms such as slow transaction speeds, scalability issues, and prohibitive fees, and commits to providing a more adaptable development environment.

What Are the Core Technologies of FLETA?

FLETA's infrastructure is underpinned by several key technologies. These include:

Level Tree Validation

Level Tree Validation is a unique structure aimed at minimizing the size of the Merkle tree for faster and more efficient blockchain operations.

Parallel Sharding

Parallel Sharding allows for the division of the network into multiple shards that operate concurrently. This technology is designed to enhance the network’s scalability and transaction processing capabilities.

Independent Multi-chain Structure

This structure permits each DApp (decentralized application) to run on its own independent blockchain, thus providing greater freedom and flexibility to developers and ensuring that the performance of one does not adversely affect another.

Block Redesign

FLETA has reimagined the design of blocks within the blockchain to facilitate better performance and scalability.

PoF (Proof-of-Formulation)

PoF stands for Proof-of-Formulation, which is FLETA’s own consensus algorithm. The algorithm is developed to eliminate unnecessary delays and improve the speed of block generation and dissemination.

Who Created FLETA?

Information on the specific founders or the team behind FLETA is not provided. However, it's clear that a team of developers and blockchain experts with a vision to provide a flexible and scalable blockchain infrastructure for real-world applications and businesses are behind the FLETA platform.

How Does Proof-of-Formulation (PoF) Work?

Proof-of-Formulation (PoF) is a crucial aspect of FLETA's approach to consensus. It replaces traditional mining with a formulation process where a Formulator, the block generator, creates blocks. Validators then confirm the blocks created by the Formulator. This system is designed to reduce the time and energy expenditure associated with traditional proof-of-work systems and to allow for quicker transactions.

What Makes FLETA Unique?

FLETA sets itself apart with its high scalability, fast transaction speeds, and low costs. These features are gelmed with the platform's unique value propositions such as Independent Multi-chain Structure, where each DApp is effectively operating its own blockchain, and the PoF consensus method, promising a more efficient and developer-friendly environment.

How Much FLETA Is in Circulation?

The circulating supply of FLETA tokens is currently , while the total supply is capped at 2.0B tokens.

Where Can You Buy FLETA (FLETA)?

You can purchase FLETA tokens on various cryptocurrency exchanges. Some of the exchanges that list FLETA for trading include Coinone, Bithumb, DigiFinex. For the most up-to-date list of exchanges and trading pairs for FLETA, it is advisable to check the official website or market tracking platforms.

How to Keep Your FLETA Tokens Safe?

Keeping your FLETA tokens safe should be a top priority. Here are a few tips to secure your investment:

Use a hardware wallet, which is considered the safest option for storing cryptocurrencies long-term.
If using a software wallet, make sure it is from a reputable provider, and always keep your private keys confidential.
Implement two-factor authentication (2FA) on any exchange or wallet where your FLETA tokens are held.
Regularly update your wallet software to the latest version to ensure the highest security measures are in place.

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