Sucrecoin to USD Price Chart

What is the current price of Sucrecoin (XSR)?

As of now, the price of Sucrecoin (XSR) is $ 0.00004384. It has increased by +0.00% in the last 24 hours. Sucrecoin's market capitalization ranks at #4038 with a market cap of $ 685.9.

What Is Sucrecoin (XSR)?

Sucrecoin, or XSR, is a digital currency that emerged as a hard fork from two of the pioneering cryptocurrencies, Bitcoin and Litecoin. This type of hard fork indicates a divergence from the original blockchain protocols to create a new currency with unique features or improvements.

Sucrecoin distinguishes itself by allowing ownership of coins not just via a single public key but through more complex scripts. These scripts are expressed in a simple stack-based programming language, which broadens the potential functionalities of the coin by enabling various transaction types beyond simple transfers.

How does Sucrecoin work?

At its core, Sucrecoin operates on similar principles as Bitcoin and Litecoin, with the added flexibility of script-based ownership. When making a transaction with XSR, users must provide data that satisfies the conditions of the relevant script. Even the basic public-key ownership mechanism is a script in the Sucrecoin paradigm. This script processes an elliptic curve digital signature, checks it against the transaction and the owning address, and returns a boolean outcome—'1' for success or '0' for failure. This script-based approach allows for more intricate types of transactions and ownership models, potentially offering greater security or enabling smart contract-like capabilities.

What makes Sucrecoin unique?

Sucrecoin's unique selling point is its ability to be owned by scripts, which allows for a richer set of conditions for transaction validations than standard public key ownership. This means that instead of just using cryptographic keys, Sucrecoin can make use of complex conditional scripts for enhanced security and more diverse functionality, much like smart contracts used by other cryptocurrencies.

How Is Sucrecoin's Network Secured?

While detailed specifics about Sucrecoin's security measures were not provided, it can be inferred that it relies on a similar system of encryption and network consensus used by Bitcoin and Litecoin since it is a hard fork of these. These measures probably include proof-of-work (PoW) or a similar consensus algorithm which secures the network by requiring computational work to validate transactions and create new blocks.

How Much Sucrecoin (XSR) Is in Circulation?

The circulating supply of Sucrecoin is currently 15.6M XSR. Its total supply—the maximum number of coins that will ever exist for XSR—is 21.2M. The total number of coins can give an indication of scarcity, which can play a role in the potential value of the cryptocurrency.

Where Can You Buy Sucrecoin (XSR)?

Sucrecoin (XSR) can be purchased on the cryptocurrency exchanges that support it. As of now, the specific exchanges where it is available include . When looking to buy or trade XSR, always ensure that you are using a reputable exchange and follow best practices for security to protect your investment.

How to keep your Sucrecoin safe?

To keep your Sucrecoin safe, it is critical to use secure wallets that support XSR. This may include hardware wallets, software wallets, or other secure storage methods. Always keep your private keys confidential and ensure that your wallet software is kept up-to-date to protect against vulnerabilities. Additionally, be aware of phishing scams and only use trusted platforms when managing or transacting with your Sucrecoin.

View similar coins

Sucrecoin Links