Market Rank | #3963 |
---|---|
Market Cap | $ 0.7M |
Volume 24h | $ 51.2 |
Circ. Supply | 2.3B |
Total Supply | 2.4B |
Max Supply | ? |
Genesis Date | 7/2/2014 |
Maza (MZC) currently trades at a price of $ 0.00031961. It has recently increased by +0.80% in the past 24 hours.
Maza is a digital currency that was developed to bring attention to the Oglala Lakota Nation's fight for sovereignty. As the official reserve currency of the Oglala Lakota Nation of North and South Dakota, Maza functions as a decentralized, peer-to-peer medium for transferring value, much like other cryptocurrencies.
Maza was developed by Payu Harris, an activist for Native American rights, a web developer, and a cryptocurrency trader. Harris recognized the potential for cryptocurrencies to serve as a tool for achieving sovereignty, and created Maza with these goals in mind.
As a fork of Zetacoin, Maza operates using similar mechanisms to ensure the validity and security of transactions on its blockchain network. Maza transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called the blockchain. One important difference, however, is that Maza specifically caters to the needs and objectives of the Oglala Lakota Nation.
One of the most distinguishing features of Maza is its deep connection to the Oglala Lakota Nation's campaign for sovereignty. In addition to functioning as the official reserve currency of the Oglala Lakota Nation, Maza also serves as a platform to bring international attention to its cause. Few other cryptocurrencies can claim such a strong intersection between technology, economics, and social activism.
MZC is predominantly used by the members of the Oglal Lakota Nation. However, because it is a cryptocurrency, anyone worldwide can also acquire and trade Maza.
As of present, there is a circulating supply of 2.3B Maza out of a total supply of 2.4B.
MZC can be purchased on the following exchanges: Cryptopia, Bittrex. As with any cryptocurrency, care should be taken to store Maza securely, such as by using a hardware wallet or other secure digital wallet.
The current market cap for Maza is $ 0.7M, making it the #3964 ranked cryptocurrency in terms of market capitalization.
Just like many other digital currencies, Maza's underlying technology can be modified and upgraded by a process of software forks. These forks can be either 'hard forks,' which involve substantial changes to the blockchain's protocol and result in a new version of the currency, or 'soft forks,' which involve minor tweaks and do not result in a new currency being created.
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