Opal price is $0.00785742
The current price of Opal (OPAL) is $ 0.00785742.
Opal (OPAL) is a cryptocurrency designed for quick and secure transfer of value. It operates on a decentralized peer-to-peer network, relies on cryptography to secure transactions, and does not rely on any central authority for its operations. While it shares some commonalities with many other cryptocurrencies, Opal's specific features and advantages can best be understood by delving deeper into its core technology and use case.
The creators of Opal are not publicly disclosed. This information hasn't been shared or is not available on the Opal's official website or on other related public platforms. This is not an uncommon practice in the cryptocurrency world, as many cryptocurrencies’ developers prefer to maintain an anonymous profile.
Opal operates on a decentralized network, much like other cryptocurrencies. Transactions are made directly between users and they are validated by the network through a process called mining. In this process, transactions are grouped into 'blocks' and added to the blockchain, a public ledger which serves as the permanent record of all validated transactions.
Security on the Opal network is maintained through the process of mining. Mining is a competitive process where cryptocurrency miners use powerful computers to solve complex mathematical problems. The miner who solves the problem first gets the chance to add a new block of transactions to the blockchain. This process prevents any fraudulent activities as altering any information in the blockchain would require control over 51% of the entire network.
The total supply of Opal is 15.0M and the current circulating supply is 15.2M.
Like many other cryptocurrencies, Opal's main highlights include its decentralization and emphasis on user privacy. It aims to provide a platform where users can transact freely without the fear of censorship or third-party monitoring. Note, what truly sets Opal apart from the rest is yet difficult to pinpoint due to the lack of publicly disclosed project details.
The market cap of Opal is $ 0.1M, making it the #1 in the cryptocurrency market.
OPAL can be purchased on the following exchanges: YoBit. Remember, it's important to use caution when buying cryptocurrencies, only use trustworthy platforms, and never invest more than you can afford to lose. As with any financial transaction, it's essential to secure your assets correctly.
Over the past 24 hours, the price of Opal has increased by +0.00%%.
The total volume of Opal traded in the last 24 hours is 0.0.
One key way to keep your Opal safe is to store it in a secure wallet, and not on an exchange. Beyond this, it's crucial to follow standard digital security practices. This includes using strong, unique passwords and two-factor authentication, being wary of phishing attempts, and keeping the software on your devices up to date.
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