Market Rank | #1094 |
---|---|
Market Cap | $ 25.0M |
Volume 24h | $ 42.7K |
Circ. Supply | 428.1M |
Total Supply | 590.8M |
Max Supply | 590.8M |
The current price of PAID Network (PAID) today is $ 0.05847200.
PAID Network is a decentralized application (dApp) built on the Ethereum blockchain. Its platform leverages blockchain technology to offer users smart agreements, easy transactions, and reliable dispute resolution.
Information about the creator(s) of the PAID Network is not available in the provided variables. However, it's generally known that the creators of any cryptocurrency aim to utilize blockchain technology to solve existing problems or enhance traditional systems, and that motivation likely applies to the PAID Network as well.
Technically, what sets the PAID Network apart from other cryptocurrencies is that it is designed to simplify business contracts, enforcement, and dispute resolution, a unique service within the crypto ecosystem.
As the PAID Network is built on the Ethereum blockchain, it follows the mining process of Ethereum. Mining is the mechanism that allows the blockchain to be a decentralized secure ledger. However, precise details about PAID Network mining are not provided by the given variables.
As PAID Network is an Ethereum-based token, it does not undergo a halving event like Bitcoin does. Halving is a specific event to Bitcoin and similar cryptocurrencies which reduces the reward for mining new blocks.
Being based on the Ethereum network, the PAID Network benefits from Ethereum's security measures, which include proof of work (and soon proof of stake), decentralized nodes, and smart contracts.
The Lightning Network is a "second layer" payment protocol that operates on top of a blockchain (most commonly associated with Bitcoin). It is not directly applicable to the PAID Network, which operates on the Ethereum blockchain and uses its particular scalability solutions.
The current circulating supply of PAID Network tokens is 428.1M.
The price of PAID Network has increased by +13.17% in the past 24 hours.
PAID Network tokens can be safely purchased on the following exchanges: Hotbit, BitMart, Gate.io.
Since PAID Network is an ERC20 token built on the Ethereum blockchain, it can be stored in any wallet that supports Ethereum, ensuring secure possession of your tokens.
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