Atlantis eFork price is $0.02225578
The price of Atlantis eFork (EFORK) has increased by +0.00% in the last 24 hours, with a current price of approximately $ 0.02225578. It's important to note that the cryptocurrency market can be very volatile, and prices can fluctuate quite significantly within short periods.
Atlantis eFork (EFORK) is a cryptocurrency aiming to provide users with a variety of decentralized finance (DeFi) services. While specifics about its unique features and functionality might not be widely known, the general implication is that it seeks to distinguish itself within the ever-growing space of blockchain-based financial solutions. EFORK claims to further the goal of making financial transactions more accessible, secure, and cost-effective compared to traditional banking.
The founders of Atlantis eFork are not explicitly mentioned. Cryptocurrencies such as EFORK often start from a team of developers or a community driven by a shared interest in blockchain technology and its potential applications. For detailed information about the team, one should refer to the official Atlantis eFork website or whitepaper for the names and backgrounds of the individuals responsible for its creation.
Typically, a DeFi cryptocurrency like Atlantis eFork would work by leveraging smart contracts on a blockchain network. These smart contracts automate financial transactions and services that traditionally require an intermediary like a bank or a legal service. The specific mechanics of how EFORK operates would be based on its underlying blockchain protocol, which would govern everything from how transactions are processed to how new EFORK tokens are minted.
Atlantis eFork might offer unique features or advantages within the DeFi space, such as better transaction speeds, improved security protocols, or innovative new services that are not available on other platforms. Its uniqueness could also stem from its community engagement, governance model, or partnerships with other blockchain projects. However, it is crucial to look at the project's official communications to understand precisely what sets EFORK apart from its competitors.
While specific details are not provided, Atlantis eFork like many other cryptocurrencies, is likely secured through a consensus mechanism that ensures transactions are verified by network participants. Common mechanisms include Proof of Work (PoW), Proof of Stake (PoS), or a hybrid system. These mechanisms defend the network against double-spending and other fraudulent activities while promoting the decentralization of the network.
The circulating supply of Atlantis eFork (EFORK) is currently , whereas the total supply of EFORK tokens that will ever be in existence is capped at 12.5M. The circulating supply refers to the number of tokens that are currently being traded in the market and available to the public. The way that new EFORK tokens are introduced to the market would typically be described in the project’s documentation.
As a newer and less-known cryptocurrency, Atlantis eFork's role as a store of value may not be as established as more recognized coins like Bitcoin. A store of value is something that can be saved and exchanged in the future with the expectation that it will retain its value. The ability of EFORK to serve as a store of value would largely depend on its adoption, demand, stability, and the underlying economic models built into its platform.
The technology behind Atlantis eFork can be upgraded through community governance where proposals are put forward and voted on by holders of EFORK tokens or a core development team might lead the upgrades. These upgrades and improvements to the network could include changes to its consensus mechanism, scalability solutions, or new DeFi services.
Atlantis eFork (EFORK) can be purchased on various cryptocurrency exchanges. Interested buyers should refer to the official Atlantis eFork website or reputable crypto exchange listings to see the current list of where EFORK is available for trading.
To keep your Atlantis eFork (EFORK) tokens safe, it's recommended to store them in a secure wallet. This might be a hardware wallet, which stores cryptocurrencies offline and is generally considered one of the safest options, or a software wallet that provides a convenient way to access and manage your assets with security measures. Always ensure you are following best practices for password creation and storage, and remain cautious of phishing scams and unauthorized exchanges.
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