| General information | |
|---|---|
| Global rank: | 2185 |
| Name: |
IONChain |
| Symbol: | IONC |
| Current coin price (STD): | 21.99 Db |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_upward0.000000 % |
| Last 7 days: | 7.97 %trending_up |
| Capitalisation (STD): | 2 665 154 826.51 Db |
| Volume 24h (STD): | 0.000000 Db |
| Available supply: | 121 180 605.00 IONC |
| Total coin supply: | 520 000 000.00 IONC |
| Algorithm: | ETH Token |
| Start date: | 02/07/2018 |
IONChain/São Tomé and Príncipe, Dobra (IONC/STD) price chart
IONChain/São Tomé and Príncipe, Dobra (IONC/STD) capitalisation and volume charts
IONChain aims to become the underlying particle in the Internet of Things (IoT) ecosystem. Through their IONChain Protocol, IONChain will serve as the link between IoT devices, supporting decentralized peer-to-peer application interaction between devices.
In the IONChain ecosystem, every IoT device that provides valuable data can act as a mining machine. Once connected to the IONChain network, a device will constantly contribute its calculative power via the Ionization Algorithm and in turn, receive IONC tokens as mining reward. IONChain has created a unique consensus algorithm to determine the value contributed by IoT devices. A device’s contribution is jointly determined by the Data Quality Proof Consensus and Time Lapse Proof Consensus.