As of the latest update, Yibitcoin (YTC) is priced at $ 0.00010115. It has increased in value by +0.00% over the past 24 hours.
Yibitcoin (YTC) is a digital currency that aims to provide a decentralized and secure platform for transactions and payments. As a cryptocurrency, it operates independently of a central bank and utilizes blockchain technology to record transactions across a network of computers.
The developers or the organization behind Yibitcoin have not been clearly specified. Typically, cryptocurrencies can be created by individuals or groups of developers who have an interest in offering an alternative to traditional currencies or addressing specific challenges within the cryptocurrency market.
Yibitcoin, like most cryptocurrencies, relies on a blockchain to facilitate and record all transactions. Users can send and receive YTC tokens through a digital wallet, which communicates with the network to execute transactions. The network of computers, or nodes, validates and records these transactions on a public ledger, ensuring the integrity and security of the data.
Yibitcoin's core technology is based on the principles of blockchain, which provides a decentralized record of transactions and balances. Other technical features of Yibitcoin, such as consensus mechanisms or any additional protocols, have not been specified.
The Yibitcoin network is likely secured using cryptographic techniques that prevent unauthorized transactions and access. The specifics of its security measures, such as whether it uses Proof of Work, Proof of Stake, or another consensus algorithm, are not detailed.
The total supply of Yibitcoin (YTC) currently stands at , indicating the maximum number of YTC tokens that will ever exist. The circulating supply is at , which represents the number of tokens currently available and in circulation.
The value of Yibitcoin can be assessed through various metrics such as market capitalization, which currently sits at $ , ranking it at #1 in the cryptocurrency market. The trading volume within the last 24 hours is 9.4.
Yibitcoin (YTC) can be purchased on the . To buy Yibitcoin or any other cryptocurrency, one must generally have a digital wallet and register on an exchange platform that lists the desired crypto asset.
To keep Yibitcoin safe, it is recommended to store your YTC in a secure wallet, which can be hardware-based, software-based, or even a paper wallet. Always practice diligent security measures, such as keeping private keys confidential, using two-factor authentication, and being cautious of phishing attempts.
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