As of the recent update, the price of VoteCoin (VOT) is $ 0.00040453 USD.
VoteCoin (VOT) is a digital cryptocurrency that claims to bring effective, anonymous voting to the world. It primarily focuses on offering a platform where users, particularly those who wish to remain anonymous, can vote on any topic or issue. The team behind VoteCoin claims that their cryptocurrency provides a safe, secure and private medium for voting, irrespective of the scale of the election.
Details on the specific individuals who created VoteCoin are not readily available. However, it is known that the cryptocurrency was developed by a team of anonymous contributors who came together to create a platform that would enhance the simplicity and security of anonymous voting.
VoteCoin works based on the zero-knowledge Proof of Work system. The technology it utilizes is similar to Zcash, a renowned privacy-focused cryptocurrency. When a user wishes to make a vote, they simply send VOT tokens to the particular option's address in the poll. After the vote is counted, these tokens are destroyed, ensuring a one-token, one-vote mechanism.
The uniqueness of VoteCoin lies in its focus on making voting easy, secure, and anonymous. Leveraging the zero-knowledge proofs, VOT ensures that voting remains entirely confidential, yet verifiable. Each vote is a transaction that is recorded on the blockchain, making the voting system highly transparent and resistant to manipulation.
VoteCoin's current market capitalization is $ 53.0K, putting it at rank #1 in the list of cryptocurrencies based on market capitalization.
The current circulating supply of VoteCoin (VOT) is 131.0M tokens.
You can buy VoteCoin (VOT) from any of the CREX24 where it's currently listed and being traded. Always ensure to research and use a reputable exchange platform when buying any cryptocurrency.
In the last 24 hours, the price of VoteCoin increased by +4.19% percent.
You can store your VoteCoin (VOT) in any wallet that supports this cryptocurrency. Always ensure to keep your private keys safe and avoid sharing them with others to maintain the security of your coins. It's typically advised to use hardware wallets for storing significant amounts, as they offer a high level of security.
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