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How much is the MXC coin issued? Introduction to the total amount of Jiyu/MXC coins

王林
Release: 2024-07-15 20:44:31
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In this platform, IoT data can be shared on a large scale, but end-to-end privacy can still be guaranteed. The core of the platform is the MXProtocol, which is a completely decentralized standard protocol based on LPWAN and can solve a series of problems in the Internet of Things network.

The latest price of MXC coins

$0.0093 ≈ ¥0.07

How much is the MXC coin issued? Introduction to the total amount of Jiyu/MXC coins

Introduction to the total amount of Jiyu/MXC coins

The editor’s investigation found that the total issuance of MXC coins is 2.665 billion, and the circulation is 2.574 100 million coins, with a circulation rate of 96.6%. MXC builds MXProtocol into a sharing economy platform, encouraging all participants to contribute. MXProtocol is a distributed network protocol powered by enterprise and individual resources based on a public blockchain. The design of public blockchains makes MXProtocol efficient and independent: the more people use it, the stronger the network becomes.

Blockchain should have four key attributes: distributed consensus, low latency, flexible trust and progressive security. In other words, MXProtocol should run on a public blockchain that has:

·A true consensus network.

·It will remove mining rewards.

·All transactions are confirmed quickly.

·There is an anti-blocking mechanism. Precautions should also be taken against malicious users flooding the network (denial of service attacks).

Is MXC coin worth investing in?

MXC technology architecture is based on LPWAN, which is the decentralized IoT technology of low-power wide-area IoT technology. It is more about developing the protocol level based on distributed ledger technology.

The overall strength of the leaders of the MXC coin project team is weak, and the team’s strength in the field of blockchain technology, token economy, community operations, marketing, etc. is slightly weak. At this stage, most of the technologies in the project have not yet been implemented or are only in the experimental stage, and have not been verified by actual production operations. The scale of application of the project is limited by the underlying technology of the blockchain, and will be subject to huge competition from traditional IT manufacturers.

MXC’s various uses are relatively balanced through distribution ratios. A certain lock-up period is set for the team, early investors, and private equity tokens. The lock-up period for the team part is up to 5 years, and the lock-up period for early investors Also up to 1.5 years. Up to 60% of the tokens are sold through various fundraising methods, and the portion held by the team and foundation is actually owned by the MXC team. The token distribution plan does not include the design of the IoT data transaction mining part. It is not yet known how the project will allow users to obtain mining benefits. The current circulation volume is close to the total issuance, and the subsequent project progress depends on the development of the team.

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source:jb51.net
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