SXP header image

SXP

SXP

Crypto

Decentralised Networks

USD 0.31+8.40%

SXP
UMushroom community rating:

star star star star star
0.00 0 votes No rating yet
NegativeNeutralPositive
About
Decentralised Networks
Category
n/a
Consensus Mechanism
L1
L1/L2
Other
Sub-cateegory
n/a
Ecosystem
2019
Year of creation
Description

SXP (SXP) is a Decentralised Networks crypto coin. SXP`s origin block was generated on 2019-08-14. More information can be found at https://solar.org.



Key Technical Advantages:

Solar Core Blockchain Framework: Solar is powered by Solar Core, a Layer-1 Blockchain Framework forked from ARK Core. It uses the Delegated Proof of Stake (DPoS) consensus mechanism, providing a fast, modular, sustainable, efficient, and decentralized platform. Security and Schnorr Signatures: Solar Core improved the security of the Blockchain Framework by fully utilizing Schnorr signatures and dropping support for ECDSA due to signature malleability issues. The framework is open-source, and anyone can contribute to its security via Github. Delegated Proof of Stake (DPoS) Consensus: Solar uses a DPoS consensus mechanism with 53 delegates responsible for securing and maintaining the network. Each delegate forges one block per round, with a round consisting of 53 blocks. Block forging time is 8 seconds. Voting and Delegation: Delegates are elected by voters who use the weight of their wallets to vote. Voters don't need to lock or send their SXP coins to a delegate. Delegates can take commissions ranging from 0-100% of the total rewards and share the remaining commission with their voters, but this is optional. Staking and Reward Sharing: Delegates have the option to share their rewards with voters. By voting for delegates who contribute to the ecosystem and share fewer rewards, voters can potentially create better short-term or long-term value for their SXP holdings. Content summarized by AI chatbot

Source:

https://docs.solar.org/project/whitepaper/
Key figures
-21.4%1Y
-79.7%3Y
-72.6%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
30.08.2022
USD 5.48
All Time High
5.61%
% of All Time High
-96.86%All Time
-69.10%1 year
Max drawdown
#314
Ranking by Market Cap
191.73 M
Market cap (USD)
0.00%
% of Market
900.450 B
Category Market Cap (USD)
0.02%
% of Category
627512362
Circulating Supply
627512362
Liquid Supply
100.00%
Liquid/ Circulating Supply

N/A

Not Available Currently
Max Supply

N/A

Not Available Currently
Circulating/ Max Supply
20146954
Volume Traded
17.45%
Volume Traded/ Market Cap

Ratings & reviews

star star star star star

0.00

0 votes
Performance:
starstarstarstarstar
0.00
Innovation:
starstarstarstarstar
0.00
Society:
starstarstarstarstar
0.00
Nature:
starstarstarstarstar
0.00

RECOMMENDED CRYPTOS

MXC
MXC MXC
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-12.36%USD 0.0072
Chromia
Chromia Chromia
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
8.43%USD 0.25
Zilliqa
Zilliqa Zilliqa
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
9.13%USD 0.021
Filecoin
Filecoin Filecoin
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
6.22%USD 5.01
Immutable X
Immutable X Immutable X
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
3.86%USD 1.40
JUST
JUST JUST
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
3.76%USD 0.038
Basic Attention Token
Basic Attention Token Basic Attention Token
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
4.66%USD 0.22
Status
Status Status
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
3.86%USD 0.041
Hedera
Hedera Hedera
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-0.67%USD 0.26
0x
0x 0x
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
5.20%USD 0.46