Advanced Integrated Blocks price is $0.00049444
As of today, the price of Advanced Integrated Blocks (AIB) is at $ 0.00049444. Over the last 24 hours, the price has increased by +0.00%%.
Advanced Internet Blocks (AIB) is a hybrid blockchain platform that has integrated features from both Bitcoin and Litecoin. This dual value multi-asset blockchain claims to offer a unique approach to blockchain technology, enabling merge-mining capabilities. With this, miners can mine for more than one blockchain at the same time, providing additional security and utility to its network.
The founders of Advanced Integrated Blocks (AIB) have managed to keep their identities private, much like the anonymous creator(s) of Bitcoin. Rooted in the spirit of decentralization, AIB does not attribute its creation to any one particular individual or group.
At its core, AIB operates on similar principles to Bitcoin and Litecoin. It uses the same proof-of-work consensus algorithm, albeit with enhancements that allow for merge-mining. This means that AIB can be mined concurrently with other cryptocurrencies, without requiring additional computational resources, making the process more efficient and cost-effective for miners.
Merge-mining is a feature in AIB that allows miners to simultaneously mine two different cryptocurrencies without additional computational resources. This is thanks to the dual value multi-asset blockchain characteristic of AIB, which has been forked from Bitcoin and Litecoin. The inclusion of merge-mining broadens the utility and security of the AIB network, as more miners are incentivized to participate and contribute their computational power to securing the blockchain.
Advanced Integrated Blocks (AIB) currently has a market cap of $ , placing it at rank #1 in the global cryptocurrency market. The 24-hour trading volume stands at 0.0, which reflects the recent interest and activity in AIB.
There are currently AIB in circulation. The maximum supply number has not been divulged, offering some level of uncertainty as to how many AIB will ultimately be made available.
Advanced Integrated Blocks (AIB) can be purchased from a variety of cryptocurrency exchanges, including YoBit, STEX. Like with all cryptocurrencies, it's advisable to perform thorough research and understand the transaction process fully before purchasing AIB or any other cryptocurrency.
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