Humanode HMND Price
Introduction
Humanode is a unique blockchain using biometric verification for equal, decentralized node participation and voting. More
Token Stats
| Fully Diluted Valuation | $4.56M |
|---|---|
| 24H Trading Volume | $166,922 |
| 24H Low / High | $0.01 / $ 0.01 |
| Circulating Supply | 156.12M |
| Total Supply | 400.00M |
| Max Supply | 400.00M |
Info
| Categories | Layer 1 (L1) 5 more |
|---|---|
| Founder | Victor Paradigm |
| Website | humanode.io Whitepaper |
| Socials | 3 more |
| Chains | Humanode Ecosystem |
| Explorer | Subscan 2 more |
| Contracts |
HMND....HMND
|
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About Humanode $hmnd
Humanode represents a groundbreaking shift in blockchain technology, introducing a novel approach to maintaining a decentralized, democratic network. Launched in November 2022, this unique platform stands out by using private, decentralized biometric verification to ensure sybil-resistance, a stark contrast to traditional Proof of Work (PoW) and Proof of Stake (PoS) systems.
At the heart of Humanode's innovation is its commitment to the principle of "1 human = 1 node = 1 vote." This approach is realized through advanced AI-driven facial recognition modules, which verify the uniqueness and liveness of each human behind a node. The platform's use of crypto-biometric authentication ensures that every individual, irrespective of wealth, race, gender, or nationality, has an equal say in the network. This system not only democratizes blockchain participation but also fortifies the network against malicious attacks, as overpowering the network would require an unrealistic level of human coordination.
The native token of the Humanode blockchain, HMND, is integral to its ecosystem. It facilitates transaction fees, smart contract execution, and unique private biometric computations, making it a cornerstone of the network's operations. The Humanode network, a collaborative effort initiated by Dato Kavazi and Victor Smirnov of the Paradigm research institute, has rapidly evolved since its first testnet in September 2021. By integrating cutting-edge technologies like FaceTec’s biometrics and partnering with entities like Math Wallet and Occam, Humanode is poised to redefine the blockchain landscape, offering a truly equitable and secure platform owned and operated by its diverse community of human nodes.
What is unique about Humanode (HMND)?
Humanode is unique for its bio-authenticated, sybil-resistant blockchain, ensuring "1 human = 1 node = 1 vote" through private biometric verification.
Who are the founders of Humanode (HMND)?
Victor Paradigm is the founder of Humanode.
Who are the backers/investors of Humanode (HMND)?
Key investors in Humanode include Republic Capital, Wintermute, Tribe Capital, Genblock Capital, Baryon Capital, and Shima Capital.
What is the consensus mechanism of Humanode (HMND)?
Humanode employs a unique consensus mechanism based on bio-authentication, using a combination of cryptobiometric blockchain protocol and Substrate technology.
Where can I buy Humanode (HMND)?
You can buy Humanode (HMND) on MEXC, KuCoin, BingX, CoinEx cryptocurrency exchanges.
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