SmartMesh price is $0.00107764
| Market Rank | #2770 |
|---|---|
| Market Cap | $ 1.8M |
| Volume 24h | $ 72.1K |
| Circ. Supply | 1.7B |
| Total Supply | 3.1B |
| Max Supply | ? |
| Genesis Date | 9/12/2017 |
As of the most recent data, the current price of SmartMesh (SMT) stands at $ 0.00107764. It's noteworthy to mention that this value is not static and could change due to various market factors.
SmartMesh (SMT) is a unique and innovative project that seeks to develop a mesh network protocol, combined with a micropayment function in tokens. This would allow anyone to earn rewards by using their smartphone to participate in building a global mesh network. The mesh network is a kind of network infrastructure where each device acts as a relay for data. Rather than going through a centralized provider such as an ISP, data packets journey through the network by hopping along the best path to reach their destination. SmartMesh claims that their network is robust, private, and resilient.
Unfortunately, the team members behind the SmartMesh project are not provided. Typically, information about the team is made available on the project's official website or in project documentation but in the case of SmartMesh, such information is not explicitly available.
In a SmartMesh network, each device functions as a node that helps in data transmission. When data needs to be transmitted across the network, it doesn’t go through central servers or hubs. Instead, it jumps or "hops" from one node to another, taking the most efficient path towards its destination. This technique enhances the resilience and privacy of the network.
Furthermore, by incorporating micropayments in tokens, SmartMesh incentivizes users to share their devices' network resources. This way, users who contribute to the network's growth and stability are rewarded.
However, it's important to remember that as a participant in the network, you're entrusting your data traffic to other peer devices and this may have privacy implications. While SmartMesh claims that their network is private, users should evaluate these claims thoughtfully.
The standout feature of the SmartMesh protocol is its mesh network structure. Unlike traditional network structures that rely heavily on centralized servers or providers, a mesh network distributes data across multiple points, or nodes. This diffusion of data makes the network highly resilient to failures of individual nodes.
SmartMesh takes this concept a step further by integrating a token-based micropayment system. The protocol rewards participants with tokens for sharing their network resources. This incentivization scheme not only contributes to network growth but also encourages the development of a robust network.
Moreover, SmartMesh’s recognition of privacy in its core design makes it unique. As claimed by the ecosystem, it ensures that the data within the network remains private, which is significant in an age where data privacy is an increasing concern for individuals and businesses.
Presently, the circulating supply of SmartMesh (SMT) is 1.7B.
SmartMesh (SMT) is listed on various cryptocurrency exchanges. To find out where you can buy SmartMesh (SMT), you can refer to the list YoBit, Huobi.pro where it is currently available for trade.
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