Xuma price is $0.00001513
Xuma (XMX) is currently trading at $ 0.00001513. Over the past 24 hours, the price has increased by +0.00%%. Keep in mind that cryptocurrency prices are highly volatile and can fluctuate widely within short periods of time.
Xuma (XMX) is a digital currency that operates on the Xuma network. It's designed to provide a decentralized financial system where transactions can be made securely and efficiently. Xuma aims to address some of the limitations of traditional banking as well as some of the issues found in established cryptocurrencies. It often emphasizes enhanced transaction speeds and improved privacy measures for its users.
The founders of Xuma are not specified here, but they would typically be a group of developers and cryptocurrency enthusiasts who identified a need in the market for a cryptocurrency like Xuma. They would have a background in blockchain technology, cryptography, and software development to create and maintain the Xuma network.
Xuma works by utilizing a network of computers to validate and record transactions on a public ledger known as the blockchain. Users can send XMX to one another by broadcasting their transaction to the network. Then, network participants known as miners or validators verify the transactions, group them into blocks, and add them to the blockchain, ensuring the integrity and chronological order of the ledger.
Xuma claims to be unique by offering certain features that may differentiate it from other cryptocurrencies. These could include unique algorithms for processing transactions, a distinctive governance model, or special privacy features. However, without specific details on Xuma's unique propositions or technology, one cannot provide a detailed account of its distinctiveness.
While specific security measures for Xuma (XMX) are not detailed in the information provided, cryptocurrencies typically use cryptographic techniques to ensure network security. This includes the use of consensus mechanisms like Proof of Work (PoW) or Proof of Stake (PoS) that deter malicious activities and provide a secure and tamper-resistant environment for transactions.
The circulating supply of Xuma (XMX) is , and its maximum supply is 49.4M. The circulating supply reflects the number of tokens that are currently being traded in the market, whereas the total supply is the maximum number of tokens that will ever exist for the currency.
Xuma's role in the cryptocurrency market would be determined by its utility and adoption. It may serve as a medium of exchange, a store of value, or be used for specific applications within its native Xuma network.
Typically, cryptocurrency technologies undergo upgrades through a process called a fork, which can be either hard or soft. The Xuma team may propose upgrades that the community can adopt. These changes might improve transaction speed, security, or add features to enhance user experience on the network.
You can buy Xuma (XMX) on the Graviex. These are cryptocurrency exchanges where XMX is listed, and you can trade it for other cryptocurrencies or fiat currencies, depending on the exchange's offerings.
To safely store Xuma (XMX), you can use a variety of cryptocurrency wallets that support the token. These can range from hardware wallets, which provide high security as they store your private keys offline, to software wallets that are more convenient for everyday transactions but are typically less secure than hardware options. Always ensure that any wallet you choose supports the Xuma network.
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