Question 1

What is the Current Price of StrongHands (SHND)?

Accepted Answer

The current price of StrongHands (SHND) is XRP 0.00000356. The price has increased over the past 24 hours.

Question 2

What Is StrongHands (SHND)?

Accepted Answer

StrongHands (SHND) is a cryptocurrency project that originated from Bitcoin. Its goal is to provide a long-term energy-efficient digital asset. The project is open-source, meaning its code and algorithms are available for the public to review, modify and upgrade. StrongHands advances the field of cryptocurrency by introducing innovations like proof-of-stake, a different way of validating transactions and securing the network, which is highly energy-efficient.

Question 3

Who Developed StrongHands (SHND)?

Accepted Answer

StrongHands is a community-based project. This means that there are many trusted community leaders who have write permissions to the project’s codebase. This approach aids in decentralization and continuity. The StrongHands community includes experienced programmers, product designers and QA engineers, among others. The team appreciates the involvement of anyone who can contribute to the success of the project, regardless of their particular set of skills or experience level.

Question 4

How Does StrongHands Work?

Accepted Answer

StrongHands functions similarly to Bitcoin but is built upon a proof-of-stake (PoS) consensus mechanism. This means that instead of miners, the network uses validators. These validators are chosen based on the number of coins a person holds and is willing to 'stake' as collateral. In addition, StrongHands seeks to make the network more stable, secure, and feature-rich, providing an alternative to PPCoin, a peer-to-peer cryptocurrency.

Question 5

Why Is StrongHands Unique?

Accepted Answer

StrongHands is unique because of its reliance on the proof-of-stake consensus mechanism for transaction validation. This feature aims to ensure energy efficiency, making it more environmentally friendly than other cryptocurrencies that use proof-of-work. The community-oriented nature of the project is another unique characteristic. This allows for a diverse set of skills and experiences to contribute to the development and success of StrongHands.

Question 6

What is StrongHands' Market Position?

Accepted Answer

As of now, StrongHands (SHND) ranks #7553 in terms of market capitalization. Its total market cap is XRP 73.0K, and the 24-hour trading volume is 159.4.

Question 7

How Much StrongHands (SHND) is in Circulation?

Accepted Answer

The circulating supply of StrongHands is currently 20.5B.

Question 8

Where Can You Buy StrongHands (SHND)?

Accepted Answer

StrongHands (SHND) can be purchased on the following exchanges: Graviex, STEX, CREX24. It's always important to remember to use a reputable exchange and to safeguard your coins by moving them to a private wallet.

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