PlatformX price is $0.00003573
The price of PlatformX (PX) has increased to $ 0.00003573 over the past 24 hours. This marks a change of +0.00% in its value. Please note, cryptocurrency prices are highly volatile and can change rapidly within short time frames.
PlatformX (PX) is a digital currency that was created to provide innovative solutions within the cryptocurrency space. It aims to enhance user experience and bring new functionalities to the market. The specifics of PlatformX include a range of features or services that it offers, which distinguishes it from other cryptocurrencies.
As of my current knowledge, there isn't readily available information about the founders or team behind PlatformX. Often, creators and developers play a significant role in the development and perception of a cryptocurrency. They might be outlined on the official PlatformX website or in community forums.
PlatformX works similarly to other cryptocurrencies in that it uses a decentralized system. This means transactions are processed without a central authority, such as a bank or government. It's likely built on a blockchain, which records all transactions in a secure and transparent way. PlatformX might offer unique functionalities or applications that can be understood in greater detail by exploring its whitepaper or official documentation.
Details on the core technologies of PlatformX would usually involve its consensus mechanism, blockchain structure, and any proprietary protocols it employs. This could include innovative contract features, special nodes, or governance systems. Often, these technologies aim to address common issues in the crypto space such as scalability, security, and interoperability.
The security of PlatformX's network would depend on the specific consensus mechanism and other cryptographic techniques it uses. Common security measures include Proof of Work (PoW) or Proof of Stake (PoS) mechanisms, cryptographic hashing, and advanced encryption to protect transaction details and user identities.
The total supply of PlatformX is set at 5.0B, which defines how many PlatformX coins will ever be created. This is a pivotal number as it affects inflation rates and potential scarcity which both have implications for the perceived value of the currency.
Currently, there are PX coins in circulation. This number will change over time as new coins are mined or released and as transactions are made across the network.
PlatformX can be used for a variety of purposes depending on its design. It may be utilized as a medium of exchange, a store of value, or could be tied to specific applications on the PlatformX network like smart contracts or decentralized apps (dApps). The specific use cases are often outlined in the project's documentation.
You can purchase PlatformX (PX) at a variety of Idax. It's always important to use a reputable exchange platform when buying or selling cryptocurrencies to ensure the security of your assets.
Keeping your PlatformX safe involves practicing sound security measures. It's advisable to store your PX in a secure wallet, use strong, unique passwords, enable two-factor authentication (2FA), and keep the majority of your holdings in cold storage. Always be wary of phishing attempts and scams within the cryptocurrency space.
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