Strayacoin price is $0.00112380
As of now, Strayacoin (NAH) is priced at $ 0.00112380, standing at the market cap rank of #1. The market capitalization is $ , which signifies the total value of all traded Strayacoin tokens. In the past 24 hours, the price has increased by +0.00%, with a trading volume of 4.8. By keeping track of these financial metrics, potential users or interested parties can get a sense of Strayacoin's current market performance.
Strayacoin is a digital currency that was introduced as a form of peer-to-peer payment system. Born on Australia Day, January 26, 2018, it was developed as a fork of Litecoin and has since expanded under the stewardship of the Strayacoin Foundation. Despite starting as a parody, Strayacoin has evolved into a legitimate cryptocurrency with a focus on solving uniquely Australian financial and transactional challenges. Its main aim is to offer an educative platform and foster cryptocurrency industry development in Australia.
The Strayacoin Foundation, consisting of a team of ten developers and contributors listed in their “Team” section, is behind the creation of Strayacoin. Their combined effort has been fundamental in delivering Strayacoin to the public and continuing to develop its technology and applications in the cryptocurrency space.
Strayacoin functions similarly to other cryptocurrencies by enabling secure, peer-to-peer transactions that are recorded on a blockchain. One of the features that make Strayacoin stand out is its four times faster block time compared to Bitcoin, allowing for quicker transaction verification. Additionally, the Strayacoin network has embraced Segregated Witness (SegWit) technology, which is intended to improve the blockchain's efficiency and set the stage for further features such as Lightning Network and Atomic Swaps.
Strayacoin stands out as a cryptocurrency that focuses on the Australian market, reflecting a national identity through its branding and application. It's unique both for its cultural appeal and its technical aspects. Strayacoin claims to provide a faster transaction speed in comparison to Bitcoin and has a coin quantity that challenges other cryptocurrencies in terms of perceived store of value.
As an offshoot of Litecoin, Strayacoin inherits a Proof of Work (PoW) consensus mechanism for network security. By verifying transactions with the same robust approach used by Litecoin, Strayacoin aims to ensure that its network remains secure against fraudulent activities and double-spending.
Strayacoin has a comparable coin quantity to that of Bitcoin’s, with its own stipulated maximum supply limits. The circulating supply of Strayacoin is currently at , and the maximum or total amount of Strayacoin that can ever exist is capped at 24.8M. These figures provide insight into the scarcity and potential valuation of this cryptocurrency.
The Strayacoin Foundation envisions Strayacoin becoming the premier cryptocurrency payment solution in Australia. While the coin may serve as a store of value, the current development focus is on Point of Sale (POS) integration and enabling technology such as the Lightning Network and Atomic Swaps for efficient, cross-chain transactions.
Strayacoin is available for purchase and trading on several cryptocurrency exchanges. The key platforms where you can buy Strayacoin include TradeOgre, Graviex. Potential buyers should always ensure they use reputable exchanges and follow best practices when acquiring or trading cryptocurrencies.
To keep Strayacoin safe, users should store their tokens in secure wallets, preferably those that provide control over private keys. They should also follow standard security practices such as using strong, unique passwords, enabling two-factor authentication, and keeping wallet backups in multiple secure locations. Awareness about phishing attempts and operational security when handling cryptocurrencies is crucial.
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