Market Rank | #1900 |
---|---|
Market Cap | $ 6.3M |
Volume 24h | $ 855.8 |
Circ. Supply | 70.3M |
Total Supply | 70.3M |
Max Supply | ? |
The current price of Oxen (OXEN) is $ 0.08988900. Over the past 24 hours, it has increased by +17.62%.
Oxen (OXEN) is a digital cryptocurrency designed to offer state-of-the-art privacy and decentralization capabilities. This cryptocurrency powers a community-run network of staked, incentivised Oxen Service Nodes. These Nodes work together to sustain the Oxen blockchain and the $OXEN privacy token, thereby creating an ecosystem that is designed with privacy in mind.
Oxen was developed by the Loki Network. The Loki Network is committed to creating next-level privacy-centric applications and protocols to bolster online security and anonymity.
Oxen operates through a network of staked, incentivized service nodes known as Oxen Service Nodes. These nodes validate transactions and maintain the integrity of the Oxen blockchain. In exchange for their services, these nodes earn a portion of the block rewards.
The Oxen network is secured through its distributed network of Oxen Service Nodes. When a node joins the network, they must stake a certain amount of OXEN tokens. If a node behaves maliciously, their staked tokens can be penalized, providing a strong disincentive against bad behavior.
The Oxen network hosts a variety of privacy-focused applications. These include Session, a decentralized encrypted messaging platform, and Lokinet, a next-generation onion router for anonymous internet browsing.
Oxen is distinct in its approach to privacy and decentralization. The Oxen Service Nodes not only run the blockchain but also provide infrastructure for privacy-focused applications. This allows Oxen to offer a wide range of services focused on promoting and preserving user privacy and autonomy.
As of right now, the circulating supply of Oxen (OXEN) is 70.3M.
The total supply of Oxen (OXEN) is 70.3M.
The current market cap of Oxen (OXEN) is $ 6.3M, placing it at rank #1901 among all cryptocurrencies.
You can buy Oxen (OXEN) on TradeOgre, CoinEx, Bittrex, among others.
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