CMCX

Catena price
CMCX
#8535

$0.00002012  

0.86% (1d)

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Catena statistics
Market cap
$120.70K

0.00%

Volume (24h)
$3.45

95.22%

FDV
$402.33K
Vol/Mkt Cap (24h)
0.00286%
Total supply
18.59B CMCX
Max. supply
20B CMCX
Self-reported circulating supply
6B CMCX
30%
CMCX to USD converter
CMCX
USD
Price performance
24h 
Low
$0.00002012
High
$0.00002029
All-time high
Jan 09, 2022 (3 years ago)
$0.04134
-99.95%
All-time low
Nov 06, 2024 (15 days ago)
$0.058498
+136.71%
See historical data
Self-Reported Tags
PoSMultiple algorithmsPlatformShow all


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CMC Daily Analysis

About Catena

Catena Formerly (CORE MultiChain) is a PoS blockchain focused on Interoperability, Scalability, and Usability and Privacy.

Catena provides advantages over existing and legacy blockchains such as sharding, simplistic blockchain creation and implementation, cross-chain capabilities, and high transaction throughput.

Catena created a decentralized neighbor selection protocol that continuously strives to create optimal peer connections to decrease confirmation latency. The protocol achieves this through constantly analyzing and learning how nodes interact with their neighbors.

How Does the Catena Attract People? * Lightweight Compatible with the self-interests of each peer, or ability to select the best neighbors * Robust against adversarial actions: A Catena peer does not need all details about a candidate neighbor to decide whether to connect Incentivizes peers to relay blocks promptly. * Naturally adaptive to varying hash-power Catena is the next generation of blockchain protocol designed to enable legacy, current, and future blockchains to scale and communicate seamlessly. Catena offers a wide variety of possibilities in the blockchain space due to its sharding, interoperability, and central algorithm.

By providing a fair and secure platform, Catena allows users to regain control over their personal information. The project offers a scalable network featuring functionalities that bypass current blockchain limitations. CORE intends to provide an environment-friendly system that is sustainable, interoperable and provides enhanced throughput.

Highlights

Scalability – To address the scalability issue of Practical Byzantine Fault Tolerance, Catena enhanced the consensus mechanism by reducing the communication complexity within standard PBFT implementations to create the Accelerated Practical Byzantine Fault Tolerance (APBFT) consensus mechanism.

Advantages

 
 
 
 
 
 

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