Extensive Coin price is $0.00016321
As of the latest update, the price of Extensive Coin (EXTN) has increased to $ 0.00016321. In the past 24 hours, the price change was +0.00%. It's important to remember that cryptocurrency prices can be very volatile and subject to rapid fluctuations.
Extensive Coin (EXTN) is a digital currency that operates on a blockchain network. It is designed to offer a decentralized option for users looking to transact or invest on a secure, peer-to-peer platform. As with many cryptocurrencies, Extensive Coin aims to provide a level of financial autonomy, unattainable through traditional banking systems.
The creators behind Extensive Coin (EXTN) are not explicitly detailed here. Typically, cryptocurrencies can be developed by a variety of individuals, groups, or even companies that see an opportunity to innovate within the digital finance space. Often, detailed information about a project's creators can be found on the official website or in their whitepaper.
Extensive Coin works using blockchain technology, similar to other cryptocurrencies. Users can send and receive EXTN tokens, and all transactions are recorded on the blockchain, ensuring transparency and immutability. The network would usually utilize consensus mechanisms like Proof of Work or Proof of Stake, but without specific details on EXTN's underlying technology, the exact process can't be described here.
The core technology of Extensive Coin would be its blockchain, which serves as a public ledger for all the transactions on the network. It is not clear whether Extensive Coin uses its unique blockchain or relies on an existing infrastructure like Ethereum for token issuance. Additional features may include smart contract functionality, decentralized applications (dApps), or specific protocols designed to enhance speed, security, or scalability.
The security of the Extensive Coin network depends on the consensus mechanism it employs, but the specific details of how EXTN ensures network security aren't provided. Generally, networks can use Proof of Work, requiring miners to solve complex cryptographic puzzles, or Proof of Stake, where validators are chosen to create new blocks based on the number of coins they hold and are willing to "stake" or lock up as collateral.
The circulating supply of Extensive Coin (EXTN) is , and it's essential to understand the difference between this and the total supply, which is . The circulating supply refers to the number of coins that are currently available for trading in the market, while the total supply is the number of coins that will ever exist.
Extensive Coin, like other cryptocurrencies, may be considered by some of its users as a store of value. This application reflects the belief that cryptocurrencies can maintain their value over time, unlike fiat currencies which may lose value due to inflation. However, the credibility of Extensive Coin as a store of value would be dependent on its adoption, stability, and security as perceived by the market and its users.
The process of upgrading Extensive Coin's technology likely involves proposals from the development team or community, followed by consensus from the network participants. Technology upgrades can include improvements to the protocol, scalability enhancements, or new features. Without specific information on EXTN's governance model, it's hard to detail how these upgrades might occur.
Extensive Coin (EXTN) can be purchased on various that support this particular cryptocurrency. To buy EXTN, one would typically have to create an account on an exchange where it is listed, complete necessary verification processes, deposit funds or other cryptocurrencies, and then proceed with the transaction.
Keeping Extensive Coin safe involves practicing good security measures such as using reputable wallets to store EXTN, enabling two-factor authentication, keeping private keys secure and never sharing them, regularly updating software, and remaining vigilant against phishing attempts and scams. It's critical to do thorough research and choose a wallet that has a strong track record for security.
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