Market Rank | #5180 |
---|---|
Market Cap | $ 0.2M |
Volume 24h | $ 226.3 |
Circ. Supply | 251.6M |
Total Supply | 472.0M |
Max Supply | ? |
Genesis Date | 25/7/2017 |
Substratum (SUB) currently stands at a price of $ 0.00071068, showcasing a +49.99% shift within the past 24 hours. Given the volatility of the cryptocurrency market, these numbers are susceptible to fluctuate rapidly.
Substratum is a type of cryptocurrency that is designed to power the decentralized web worldwide. Its vision is to make the internet accessible to everyone, everywhere, while doing away with the need for special software that an average internet user might require to browse the web. Substratum aims to leverage blockchain technology to create an open-source network, making the internet a truly decentralized system that can contribute to the freedom of information and equality of access.
What separates Substratum from other cryptocurrencies is its unique purpose. While most other cryptocurrencies are used as a medium of exchange or a store of value, Substratum is designed to facilitate the creation of a decentralized internet. The underlying technology of Substratum is engineered to enable internet users access the web without the need for VPNs or TOR browsers. This can particularly be beneficial for users living in countries with restricted internet access.
Substratum runs on its native token - SUB, which supports a network of decentralized nodes that contribute to delivering secure and unrestricted content hosting and content access worldwide. The network participants can lend their device’s computing resources in exchange for SUB tokens. This decentralised model serves to improve the hosting speed, reliability, and security of websites and web applications while ensuring they are resistant to censorship.
The security of the Substratum network is enforced through the use of advanced cryptographic algorithms and decentralized consensus mechanisms which ensure that network transactions are secure and verified. The decentralized nodes within the network function in a way that helps maintain the integrity and security of the system, preventing any potential threats or attacks.
There is currently 251.6M of SUB in circulation, out of a total supply of 472.0M. The distribution of SUB tokens is governed by the network’s protocol which was created to ensure transparency and fairness.
Substratum (SUB) can be purchased on several cryptocurrency platforms. The choice depends on the HitBTC, Binance that currently list the SUB token. Remember, it's always crucial to use trusted and reliable exchanges when trading or purchasing cryptocurrencies. Always follow best practices to secure your investments.
Keeping your Substratum (SUB) safe is paramount. You can achieve this by storing your SUB tokens in secure digital wallets. These wallets can be downloaded on your smartphone or computer and they keep your tokens in a secured environment, away from possible hacks or thefts on exchange platforms. Make sure to keep your private keys offline and backup your wallets to ensure maximum security.
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