Market Rank | #4851 |
---|---|
Market Cap | $ 0.3M |
Volume 24h | $ 16.1K |
Circ. Supply | 60.9M |
Total Supply | 84.0M |
Max Supply | ? |
As of the latest data, Equilibria (XEQ) has a price of $ 0.00510714. In the last 24 hours, the price has increased by +3.41%. It's important to note that cryptocurrency prices are highly volatile and can change rapidly within short periods.
Equilibria (XEQ) is a cryptocurrency that focuses on providing decentralized financial services with an emphasis on privacy and user control. It aims to allow users to engage in private transactions and create private smart contracts, offering a level of discretion that is not usually available on public blockchains.
The founders of Equilibria are not specified in the basic information provided. However, most cryptocurrency projects are developed by teams of blockchain developers, cryptography experts, and industry specialists who come together to push the boundaries of traditional finance and tech.
Equilibria works by using advanced cryptographic techniques to ensure that transactions on its network remain private and secure. Although specific mechanisms were not provided, many privacy coins utilize features like stealth addresses, ring signatures, or zero-knowledge proofs to conceal transaction details from public view while maintaining the integrity of the blockchain.
Equilibria is unique in its proposition to merge the benefits of decentralized finance (DeFi) with privacy-enhancing technologies. It enables users not only to transact privately but also to develop smart contracts that execute in a discreet manner. This could be particularly appealing to users and organizations that require privacy for sensitive financial operations.
The security measures of Equilibria typically involve robust cryptographic protocols designed to prevent unauthorized access and ensure transaction privacy. Most private cryptocurrencies also implement systems to protect against double-spending and other common types of fraud in the digital currency space.
While specific details were not provided, an oracle system in the context of blockchain typically refers to a way of bringing external data into the blockchain in a reliable and secure manner. Equilibria may use oracles to inform its smart contracts with real-world information, which is crucial for many DeFi applications.
The circulating supply of Equilibria (XEQ) is 60.9M, and it's essential to distinguish this from the total supply, which is 84.0M. Understanding the supply mechanics can give insights into the scarcity and demand dynamics of the coin.
Equilibria aims to merge privacy preservation with the burgeoning field of DeFi. They claim to address the particular needs of users and enterprises that prioritize discretion while engaging with financial applications on the blockchain.
Equilibria (XEQ) can be purchased on several cryptocurrency exchanges. Potential buyers should check the latest listings on the TradeOgre, Hotbit to find where XEQ is currently available. Always ensure to use reputable exchanges and conduct due diligence before proceeding with any transactions.
Keeping your Equilibria (XEQ) safe involves using secure wallets that support the currency. It is advisable to use hardware wallets for large amounts or trustworthy software wallets for smaller, everyday amounts. Additionally, it's crucial to practice good cybersecurity habits, such as using strong, unique passwords and two-factor authentication whenever possible.
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