Netrum price is $0.00428007
Netrum (NTR)'s current price is at $ 0.00428007, which represents a increased of +0.00% over the past 24 hours.
Netrum (NTR) is a digital currency that aims to combine the traditional financial world with the benefits of blockchain technology. It is designed to offer fast, secure, and low-cost transactions while ensuring a degree of scalability often sought-after in the cryptocurrency world. As with many cryptocurrencies, Netrum seeks to empower users with greater control over their financial transactions.
The founders of Netrum are not publicized on their official website or commonly known sources. Typically, cryptocurrency projects are initiated by a team of developers, blockchain experts, and business strategists, but the specific individuals behind Netrum have not been prominently featured. It's not uncommon for some projects to maintain a level of anonymity, especially in the early stages of development.
Netrum works by utilizing a blockchain, which is a decentralized ledger that records all transactions across a network of computers. Transactions on the Netrum network are verified and recorded through a consensus mechanism, the specifics of which are part of the Netrum's core technology. Users can send and receive NTR tokens, which facilitate transactions within the Netrum ecosystem.
The core technology of Netrum includes its unique blockchain and the consensus mechanism it employs to validate transactions. Most cryptocurrencies use a proof-of-work or proof-of-stake consensus mechanism, but the specific type utilised by Netrum has not been explicitly outlined. The Netrum blockchain is claimed to prioritize speed and security, aiming to make transactions faster and more cost-effective than traditional banks.
The security of the Netrum network likely relies on cryptographic principles common to many blockchain technologies, such as the use of hash functions and asymmetric encryption to secure transactions. However, since the specifics of Netrum's consensus mechanism and network security are not detailed, it's unclear what unique security features it may offer compared to other cryptocurrencies.
Netrum sets itself apart by striving to integrate the stability of traditional finance with the innovative potential of blockchain technology. It intends to provide users with a reliable digital asset that can be used for various financial purposes, such as payments and money transfers, whilst maintaining high transaction speed and low fees. It claims to address common cryptocurrency issues such as scalability and ease of use, aiming to provide an accessible platform for users.
The current circulating supply of Netrum (NTR) is 1.8M, while the total supply of NTR tokens amounts to 11.0M. The circulating supply refers to the number of tokens that are currently available to the public and can be exchanged or traded.
As of the current data, Netrum (NTR) has a market capitalization of $ 7.8K, ranking it at #1 in the universe of cryptocurrencies by market cap.
Netrum (NTR) can be purchased on several cryptocurrency exchanges. To find out where you can buy NTR, you can check the official website or explore the list of CoinExchange, Graviex that support Netrum.
To keep your Netrum (NTR) safe, it's essential to use reputable and secure crypto wallets. There are various types of wallets, including hardware wallets, software wallets, and paper wallets, each providing different levels of security and convenience. Always make sure to implement strong passwords, enable two-factor authentication, and keep backup copies of your private keys or seed phrases in a secure location.
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