-
Bitcoin $82,375.1836
2.45% - Ethereum
$1,912.3988
0.39% - Tether USDt
$0.9995
-0.03% - XRP
$2.1860
4.40% - BNB
$555.2814
0.11% - Solana
$123.2630
0.23% - USDC
$0.9998
-0.01% - Cardano
$0.7328
1.71% - Dogecoin
$0.1654
4.18% - TRON
$0.2224
-4.06% - Pi
$1.5875
14.15% - UNUS SED LEO
$9.8974
1.71% - Hedera
$0.2014
3.11% - Chainlink
$13.0642
2.84% - Stellar
$0.2545
2.19% - Avalanche
$17.5175
3.18% - Shiba Inu
$0.0...01212
4.15% - Sui
$2.2455
3.41% - Litecoin
$89.9128
2.23% - Bitcoin Cash
$335.6696
-0.36% - Toncoin
$2.6682
2.70% - Polkadot
$3.9916
0.90% - MANTRA
$6.2652
-1.16% - Ethena USDe
$0.9993
-0.01% - Dai
$1.0000
0.01% - Bitget Token
$4.1554
0.62% - Hyperliquid
$13.7998
-3.69% - Monero
$210.2160
3.74% - Uniswap
$5.9906
1.67% - Aptos
$5.1679
-4.76%
When was POKT coin issued?
Launched in December 2020, POKT coin serves as the native cryptocurrency and governance token for the POKT network, a secure and decentralized RPC solution for blockchain applications.
Nov 27, 2024 at 08:46 pm
POKT Coin: A Comprehensive Overview
POKT is a decentralized blockchain network that provides a secure and cost-effective way to run remote procedure calls (RPCs) for blockchain applications. The POKT network is powered by a global network of thousands of nodes, which are responsible for processing and verifying RPC requests.
What is the POKT coin?
The POKT coin is the native cryptocurrency of the POKT network. It is used to pay for RPC requests on the network, and it also serves as a governance token, allowing holders to participate in the decision-making process of the network.
When was POKT coin issued?
The POKT coin was first issued in December 2020.
What is the purpose of POKT coin?
The POKT coin has two main purposes:
- To pay for RPC requests on the POKT network.
- To serve as a governance token, allowing holders to participate in the decision-making process of the network.
How does the POKT network work?
The POKT network is a decentralized blockchain network that is powered by a global network of thousands of nodes. These nodes are responsible for processing and verifying RPC requests. When a user makes an RPC request, it is sent to a random node on the network. The node then processes the request and returns the result to the user.
The POKT network is designed to be highly secure and reliable. All RPC requests are encrypted and verified by multiple nodes before they are processed. This ensures that the network is resistant to attacks and that data is kept safe and secure.
What are the benefits of using the POKT network?
There are many benefits to using the POKT network, including:
- Decentralization: The POKT network is decentralized, which means that it is not controlled by any single entity. This makes the network more resistant to censorship and manipulation.
- Security: The POKT network is highly secure, thanks to its use of encryption and multiple node verification. This ensures that data is kept safe and secure.
- Reliability: The POKT network is reliable, thanks to its global network of thousands of nodes. This ensures that the network is always available and that RPC requests are processed quickly and efficiently.
- Cost-effectiveness: The POKT network is cost-effective, thanks to its use of a native cryptocurrency. This means that users do not have to pay high gas fees to use the network.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Bitcoin (BTC) and Ethereum (ETH) Show Strength Amid Market Volatility
- 2025-03-12 16:45:49
- Bitcoin (BTC) price recently started a significant decline below the $85,00 level
- 2025-03-12 16:45:49
- Amazon.com, Inc. (NasdaqGS:AMZN) Remains a Dominant Force in Global E-commerce and Cloud Computing
- 2025-03-12 16:45:49
- US Inflation Expectations for February
- 2025-03-12 16:45:49
- Remittix's PayFi solution captures attention with its $13.8m presale and growing investor interest
- 2025-03-12 16:45:49
- MOBOX Will Launch Season 12 on March 12
- 2025-03-12 16:45:49
Related knowledge
Is there a limit on the holding time of SOL in leveraged trading?
Mar 12,2025 at 08:40am
Key Points:There's no inherent time limit on holding SOL in leveraged trading imposed by the cryptocurrency itself.Holding times are dictated by the leveraged trading platform's terms and conditions, and risk management strategies.Liquidity requirements, funding rates, and margin calls significantly influence how long one can realistically hold a levera...
How to set stop profit and stop loss in SOL leveraged trading?
Mar 12,2025 at 01:50pm
Key Points:Understanding Leverage and Risk in SOL Trading: Leverage amplifies both profits and losses. Proper stop-loss and take-profit orders are crucial for risk management.Setting Stop-Loss Orders: A stop-loss order automatically sells your SOL position when the price drops to a predetermined level, limiting potential losses. Placement depends on you...
How is the forced liquidation price of SOL in leveraged trading calculated?
Mar 12,2025 at 12:40pm
Key Points:Forced liquidation in leveraged SOL trading occurs when the trader's position experiences a significant loss, falling below the maintenance margin requirement.The forced liquidation price depends on several factors: the leverage used, the entry price, the initial margin, and the exchange's liquidation parameters. There's no single formula; it...
What are the risks of SOL leveraged trading?
Mar 12,2025 at 02:25am
Key Points:High liquidation risk due to SOL's volatility.Complexity of leveraged trading amplifies both profits and losses.Risk of cascading liquidations in volatile market conditions.Platform-specific risks including exchange hacks or malfunctions.Lack of understanding of leverage mechanics leads to significant losses.Regulatory uncertainty surrounding...
How to open SOL leveraged trading on the trading platform?
Mar 12,2025 at 10:26am
Key Points:Choosing a reputable cryptocurrency exchange that offers SOL leveraged trading.Understanding the risks associated with leveraged trading and margin calls.Navigating the platform's interface to access leveraged trading options for Solana (SOL).Setting up a margin account and understanding margin requirements.Placing a leveraged SOL trade and m...
SOL coin investment value analysis: Is it worth buying?
Mar 11,2025 at 03:20pm
Key Points:Solana's (SOL) value proposition rests on its high transaction throughput and low fees, aiming to compete with established networks like Ethereum. However, network outages and controversies have impacted its reputation and price.Investment decisions should consider SOL's technological advancements, adoption rate by decentralized applications ...
Is there a limit on the holding time of SOL in leveraged trading?
Mar 12,2025 at 08:40am
Key Points:There's no inherent time limit on holding SOL in leveraged trading imposed by the cryptocurrency itself.Holding times are dictated by the leveraged trading platform's terms and conditions, and risk management strategies.Liquidity requirements, funding rates, and margin calls significantly influence how long one can realistically hold a levera...
How to set stop profit and stop loss in SOL leveraged trading?
Mar 12,2025 at 01:50pm
Key Points:Understanding Leverage and Risk in SOL Trading: Leverage amplifies both profits and losses. Proper stop-loss and take-profit orders are crucial for risk management.Setting Stop-Loss Orders: A stop-loss order automatically sells your SOL position when the price drops to a predetermined level, limiting potential losses. Placement depends on you...
How is the forced liquidation price of SOL in leveraged trading calculated?
Mar 12,2025 at 12:40pm
Key Points:Forced liquidation in leveraged SOL trading occurs when the trader's position experiences a significant loss, falling below the maintenance margin requirement.The forced liquidation price depends on several factors: the leverage used, the entry price, the initial margin, and the exchange's liquidation parameters. There's no single formula; it...
What are the risks of SOL leveraged trading?
Mar 12,2025 at 02:25am
Key Points:High liquidation risk due to SOL's volatility.Complexity of leveraged trading amplifies both profits and losses.Risk of cascading liquidations in volatile market conditions.Platform-specific risks including exchange hacks or malfunctions.Lack of understanding of leverage mechanics leads to significant losses.Regulatory uncertainty surrounding...
How to open SOL leveraged trading on the trading platform?
Mar 12,2025 at 10:26am
Key Points:Choosing a reputable cryptocurrency exchange that offers SOL leveraged trading.Understanding the risks associated with leveraged trading and margin calls.Navigating the platform's interface to access leveraged trading options for Solana (SOL).Setting up a margin account and understanding margin requirements.Placing a leveraged SOL trade and m...
SOL coin investment value analysis: Is it worth buying?
Mar 11,2025 at 03:20pm
Key Points:Solana's (SOL) value proposition rests on its high transaction throughput and low fees, aiming to compete with established networks like Ethereum. However, network outages and controversies have impacted its reputation and price.Investment decisions should consider SOL's technological advancements, adoption rate by decentralized applications ...
See all articles
