Hanacoin price is $0.00009044
The current price of Hanacoin (HANA) is $ 0.00009044. It has increased by +0.00% in the last 24 hours, with a total market capitalization of $ , ranking it at #1. The trading volume in the last 24 hours has been 12.5.
Hanacoin is a digital currency that was created with the intent to enable instant payments for its users and provide a means to store wealth. Developed to increase in value over time, the scarcity of Hanacoin is carefully orchestrated by reducing the number of new coins generated as time goes on. In addition to its designed scarcity, the team behind Hanacoin aims to raise the coin's profile and attractiveness through active marketing and ongoing technical updates.
Hanacoin is designed with adaptive technology intended to maintain secure transactions and prevent ASIC mining, promoting a more decentralized mining environment. This adaptability ensures Hanacoin can seamlessly adopt the latest blockchain innovations and technologies without requiring broad consensus—a common obstacle in blockchain communities that can hinder progress due to differing stakeholder interests. The Hanacoin team positions this flexible update mechanism as a core competitive advantage, allowing for the implementation of faster and more cost-effective transaction methods.
One of the fundamental differences between Hanacoin and Bitcoin is Hanacoin’s resistance to centralized mining operations. Unlike Bitcoin, where ASIC miners dominate the network, Hanacoin claims to avoid this situation to retain a higher level of decentralization. Moreover, Hanacoin emphasizes its capacity for rapid technological adoption. Unlike Bitcoin, which relies on consensus among various parties that can have conflicting goals, Hanacoin can implement changes and updates without the need for prolonged agreement among different factions, advocating for quick innovation and application of new technologies.
The Hanacoin team claims that network security remains a priority and that they continually update their algorithm to prevent centralized mining practices and ensure network resilience. Though specific details about the encryption and consensus mechanisms are not mentioned, it is implied that Hanacoin would adopt best practices to maintain integrity and security of its network.
The circulating supply of Hanacoin is . The total supply, which indicates the maximum number of coins that will ever exist for Hanacoin, has not been disclosed, reflecting the project's approach to gradually decrease coin generation.
Hanacoin can be used for a range of typical cryptocurrency applications, including instant payments for goods and services and storing value. The value-propelling mechanisms of its economic model, along with continual efforts to maintain a state-of-the-art codebase, also suggest that Hanacoin aims to be a viable instrument for wealth preservation.
Hanacoin (HANA) can be purchased on various cryptocurrency exchanges. To see the most current list of exchanges that support Hanacoin, you can visit their official website or refer to the trading platforms listed under Probit.
To keep your Hanacoin safe, it is recommended to store them in a secure wallet for which you have the private keys. Always practice safe storage by using hardware wallets for long-term holding or secure software wallets for daily transactions. Be cautious with online services and make sure to implement additional security measures such as two-factor authentication.
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