GrandCoin price is $0.00007171
As of the latest data, GrandCoin (GDC) is trading at $ 0.00007171.
GrandCoin, abbreviated as GDC, is a digital form of currency, governed by cryptography. Unlike traditional fiat currencies, GrandCoin doesn't rely on a centralized authority. It operates on a peer-to-peer network, allowing users to transact directly with each other without intermediaries. Each transaction is recorded on a public ledger known as a blockchain, ensuring transparency and security.
As with many cryptocurrencies, the creator of GrandCoin remains unknown. There is no public information available regarding the founding team or individual behind GrandCoin. It's important for potential users and investors to do their due diligence before dealing with any cryptocurrency.
GrandCoin operates on the foundations of blockchain technology. All GDC transactions are added to an immutable digital ledger, ensuring security and transparency. For every transaction, miners validate and record it in a new block. The blocks are mined roughly every 30 seconds, and with a reward of 10,000 coins per block.
One of the unique aspects of GrandCoin is its quick block generation time. With blocks mined every 30 seconds, transactions are processed considerably faster compared to some other crypto platforms. Moreover, GDC rewards miners with 10,000 coins per block, which is considerably more generous than many other cryptocurrencies.
Similar to other cryptocurrencies, GrandCoin utilizes the cryptographic principles to secure its network. Transactions are added to the blockchain after being verified by miners, ensuring the integrity and authenticity of data.
The current circulating supply of GrandCoin is 884.1M.
As mentioned before, GrandCoin's rapid block generation time sets it apart from many cryptocurrencies. This feature allows for speedy confirmations and transactions, making GDC a viable option for a quick transfer of digital assets.
Like other cryptocurrencies, GrandCoin's price can be volatile, experiencing significant ups and downs over time. The price has increased in the last 24 hours to stand at $ 0.00007171, with a trading volume of .
You can purchase GrandCoin (GDC) on several cryptocurrency exchanges mentioned as Nova, Cryptopia. Please remember to approach with caution as trading cryptocurrencies can be risky, and you should never invest more than you can afford to lose.
Securing your cryptocurrencies, including GDC, involved numerous measures. Ensuring you're using reputable software and hardware wallets, enabling two-factor authentication, updating the software regularly, and avoiding suspicious communications and links are all good security practices. Always remember to protect your private key and never share it with anyone.
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