Market Rank | #5550 |
---|---|
Market Cap | $ 32.2K |
Volume 24h | $ 51.7 |
Circ. Supply | 34.4M |
Total Supply | ∞ |
Max Supply | ? |
Genesis Date | 10/7/2016 |
The current price of TajCoin (TAJ) is $ 0.00093478, with a market capitalization of $ 32.2K, placing it at rank #5551 in the market. Over the past 24 hours, the price of TajCoin has increased by +0.34%. The trading volume of TajCoin in the last 24 hours is 51.7.
TajCoin is a decentralized open-source cryptocurrency designed with a focus on providing an efficient and secure financial platform. It seeks to facilitate quick, easy, and secure transfers globally while maintaining privacy. TajCoin uses a peer-to-peer internet protocol to operate with no central authority; this means transactions and issuing of new coins are managed collectively by the network.
The team that created TajCoin has chosen to remain anonymous, similar to other privacy-focused cryptocurrencies. That said, the open-source nature of the project means that it is likely a collective effort of developers from around the world. More information about the specific contributors to TajCoin can be found on the project's website, tajcoin.tech.
TajCoin utilises the blockchain technology, which is essentially a public ledger containing all transaction data from anyone using TajCoin. From here, digital signatures are used for the transactions which makes them authentic. The combination of processes provides a secure and fraud resistant platform that is decentralized.
TajCoin, as a privacy-centric, open-source cryptocurrency, offers a unique package for those concerned with maintaining their privacy when conducting transactions. Additionally, its decentralized nature means that it does not rely on any central authority for transaction validation or coin issuance. Therefore, it is not subject to the same types of regulatory oversight as traditional forms of currency.
Currently, 34.4M TajCoins are in circulation. The total supply of TajCoin is TAJ. This finite number makes TajCoin a deflationary currency by design, creating a situation where, as demand for the coin increases, the price per coin could also potentially increase.
TajCoin (TAJ) can be purchased on the YoBit exchange market. Always remember to do careful research before making any major investments.
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