Question 1

What's the current price of Smoke (SMOKE)?

Accepted Answer

As of present, the trading price of Smoke (SMOKE) is about £ 0.40736602. The coin's value has increased by +0.00% within the last 24 hours.

Question 2

What exactly is Smoke (SMOKE)?

Accepted Answer

Smoke is a unique type of cryptocurrency that's entirely focused on the cannabis industry. It's actually more than just a coin; it's an entire decentralized social network built on blockchain technology. This was created to offer the cannabis community a place they can freely share their views, ideas, experiences, and much more without any fear of censorship or repercussions.

Question 3

Who are the brains behind Smoke?

Accepted Answer

Smoke was created by the team behind Smoke.Network. Unfortunately, exact information about the individuals behind Smoke is not readily available. The lack of detailed info can be partly attributed to the nature of blockchain itself, which underscores decentralization and anonymity.

Question 4

How does Smoke work?

Accepted Answer

Smoke works essentially like many other types of cryptocurrencies in that it relies on blockchain technology. However, the unique part about Smoke is its integration with a social network orientated towards the cannabis community. Users of the social network can earn Smoke (SMOKE) cryptocurrency by creating and curating content on the platform. Essentially, it's a way for users to earn while participating in the community.

Question 5

What gives Smoke its distinct traits?

Accepted Answer

What makes Smoke unique is its ability to tie in with a social network. In a world where content creators on various platforms seldom see direct economic benefit from their output based on the platform's monetization, Smoke switches things up. The platform rewards users for participating in the community by granting them Smoke (SMOKE) cryptocurrency. It could be through posting content, commenting or even sharing posts.

Question 6

How secure is the Smoke network?

Accepted Answer

The Smoke Network is secured by the Delegated Proof-of-Stake (DPoS) consensus mechanism. This makes it significantly more efficient than other networks, keeping transactions fast and fees low. The network is decentralized, meaning that it doesn't depend on a single server or entity for its functioning, adding another layer of security against hacks and attacks.

Question 7

How many Smoke coins are currently in circulation?

Accepted Answer

As of now, the circulating supply of Smoke (SMOKE) coins stands at 20.4M.

Question 8

How much is Smoke’s market cap?

Accepted Answer

At the moment, Smoke's market cap is about £ 8.3M, ranking it as the #1 cryptocurrency in terms of total market capitalization.

Question 9

Where can you purchase Smoke (SMOKE)?

Accepted Answer

Smoke (SMOKE) can be purchased on the . Make sure to use reputable exchanges and secure methods of purchase to safeguard your assets.

Question 10

Are there ways to keep your Smoke safe?

Accepted Answer

Keeping cryptocurrencies like Smoke safe typically involves using secure wallets and practicing good digital hygiene. This means regular backups, using strong, unique passwords, and keeping your private keys private at all times. Avoid sharing sensitive information online and be wary of phishing attempts.

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