QANplatform (QANX) price, chart, coin profile and news

Find the latest QANplatform (QANX) price, coin profile, news and history to get you started with QANplatform trading and investing.

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What is QANplatform?

QANX is the native cryptocurrency coin of the QAN blockchain. The QAN blockchain markets itself as the first quantum-resistant hybrid blockchain platform, that is capable of resisting quantum computing attacks. As quantum computing progresses, attacks from quantum computers are expected to become a threat in the next 5 to 10 years. While resisting threats from quantum computers, the blockchain also facilitates the deployment of smart contracts and, therefore, decentralised applications (dApps). It is the hope of the QAN team that the blockchain can be utilised to build the quantum stage of DeFi, DAO, NFT and metaverse projects. Rather than waiting for quantum computing to become a problem, the QAN blockchain aims to be preemptive and tackle the problem with innovative blockchain infrastructure. With QAN, dApp developers can already deploy quantum resistance smart contracts that fit into existing blockchain infrastructure. According to the project’s website, “by 2021, 90% of current enterprise blockchain platform implementations will require replacement within 18 months to remain competitive, secure, and avoid obsolescence.” In addition, 99% of current blockchains are not quantum-resistant, and the majority lack the public and private aspects of a hybrid blockchain necessary for enterprise adoption. To tackle these issues, the blockchain employs a Proof-of-Randomness consensus mechanism and is compatible with Ethereum-based applications via full integration with the Ethereum Virtual Machine. The blockchain also allows developers to code in a multitude of programming languages which QAN developers hope will make the blockchain far more accessible. QANX is the utility token of the layer-1 blockchain and is required by all users that wish to process transactions. In addition to transactions, the coin is also required by developers and validators. Developers need to purchase QANX to pay for smart contract deployment and validators need to stake QANX to support the network.

QANplatform (QANX) is the 687th largest cryptocurrency in the world by market cap, valued at $21,797,983. The current price of QANplatform is $0.0168955506, which is -4.907% lower than yesterday. Prices have ranged between $0.0177686931 and $0.0162593727 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 24, 2022 10:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

QANplatform (QANX) price

Use our graph to track the performance of (QANX) over time.

QANplatform at a glance

Information last updated May 24, 2022 10:05 UTC.
Coin symbol QANX
Coin Marketcap AUD$21,797,983
Total QANX supply 3,333,333,000
Circulating QANX 1,820,040,756
Current price AUD$0.0168955506
All time high AUD$0.3948
All time high date November 27, 2021

QANplatform price performance over time

Historical prices compared with the price of $0.0168955506.

1 hour -1.47%
24 hours -4.91%
7 days -45.14%
14 days -44.15%
30 days -68.66%
60 days -73.73%
200 days -75.75%
1 year N/A

Disclaimer: Cryptocurrencies, including QANplatform, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of QANX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the QANplatform or any other cryptocurrency discussed.

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