Market Data & Token Stats
| Fully Diluted Valuation | $34.10M |
|---|---|
| 24H Trading Volume | $1,119 |
| 24H Low / High | $0.3408 / $0.3473 |
| Circulating Supply | 75.00M |
| Total Supply | 100.00M |
| Max Supply | ∞ |
Key Project Information
| Categories | Big Data |
|---|---|
| Founder | Minqiang Huang |
| Socials | 7 more |
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
GXChain (gxc) Expert User Reviews
Is GXChain safe or a scam? Read verified Crypto OG reviews about GXChain
$gxc Markets
| Name | Pair | OG Score |
|---|
About GXChain
GXChain (GXC) stands out as a blockchain platform addressing key challenges in the contemporary data landscape. Established in August 2016, the platform aims to tackle prevalent issues such as data ownership disputes, security vulnerabilities in centralized storage, proliferation of fake data and the lack of proper incentives for data contributors.
1. Core Mission and Functionality:
GXChain's mission is to provide a pragmatic solution to the challenges facing the data economy. With features like G-ID, GVM, BaaS and Blockcity, the platform offers convenience for developers in the application development process. The DApp-Blockcity, boasting over two million verified users, functions as a decentralized data marketplace, supplying data for other DApps and strategic partners.
2. Recent Advancements and Trust Node Ecosystem:
Recent developments include the implementation of a staking mechanism and an updated voting system, enhancing the value of each vote in public chain governance. Noteworthy entities, including Huobi Pool, Binance Pool, NodeEasy and South Korea's Hillstone investment company, have become Trust Nodes, contributing to the credibility of GXChain's ecosystem.
3. Governance Structure and Foundation:
Established in November 2017 in Singapore, the GXChain foundation oversees the development of the ecosystem through committees like the Policy Committee, Advisor Committee, Execution Committee and Ecosystem Panel. These committees collectively manage decision-making, research, development, global marketing and financial operations.
4. DPoS Consensus Mechanism:
GXChain operates on a Delegated Proof-of-Stake (DPoS) consensus mechanism, distinguishing itself from traditional Proof-of-Stake (PoS) models. Users delegate the validation task to selected nodes, promoting decentralization and operational efficiency within the ecosystem.
In summary, GXChain positions itself as a robust blockchain solution, offering transparency, decentralization, high-throughput and efficiency to reshape the global data economy. As the platform continues to evolve, it remains a noteworthy contender in addressing the complexities associated with contemporary data-driven technologies.
What is unique about GXChain (GXC)?
GXChain distinguishes itself by offering a decentralized blockchain platform addressing critical data economy challenges, including data ownership, security, authenticity and incentives. Its delegated proof-of-stake (DPoS) consensus mechanism, innovative features like G-ID and Blockcity and a two million-strong user base contribute to its uniqueness.
Who are the founders of GXChain (GXC)?
GXChain was established in August 2016. The GXChain Foundation, founded in Singapore in November 2017, oversees the development of the ecosystem, promoting healthy and efficient growth.
Who are the backers/investors of GXChain (GXC)?
Notable backers and investors in the Trust Node ecosystem include well-established entities such as Huobi Pool, Binance Pool, NodeEasy and South Korea's Hillstone investment company, underscoring the platform's credibility and support.
Where can I buy GXChain (GXC)?
You can buy GXChain (GXC) on Indodax cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the GXChain GitHub Repository and GXChain X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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