Exchange SIMPLE

simple Price Live Data

The live SIMPLE price today is $ 0.013 usd with a 24-hour trading volume of $25 usd. We update our SIMPLE to usd price in real-time. SIMPLE is down 0% in the last 24 hours. The current coinmarketcap ranking is #, with a live market cap of $0 usd.

What Is SIMPLE (simple)?

SimpleChain: Simple to use blockchain, chain up the world, is digital reform of the blockchain infrastructure . SimpleChain does not exist pre-digging, no private equity, pure PoW main-chain; SimpleChain is the public blockchain that has the design concept of one main-chain with multiple sub-chain, applying PoW which is the only distributed consensus mechanism practiced through time and scale combining open consensus algorithm and publicly available consensus algorithm to guarantee the security of ledger as well as persistent excitation. By designing the multi-layer distributed value network, SimpleChain can support the deployment and extension of public blockchain in multiple business scenarios.Sub-chain can choose their own consensus algorithm which is suitable for their scenarios according to business requirement, and the two-way anchoring between the cross-chain node and the main chain further forms the cross-chain transactions with other sub-chain. It can satisfy the performance of thousands of TPS, and obtain the eventual consistency provided by the main chain at the same time. SimpleChain: A: Silicon chip technology as the carrier, PoW+ASIC — provide stable and reliable link B: EPoW+Data privacy security C：Turn complex into simple, connect everthing with no boundary D：High TPS+ unlimited parallel + low consumption E: Deployment of Defi project and ecological community building F:.Distributed finance +NFT, open eco-community In order to form an open, transparent and consistent distributed community, an inclusive policy is proposed and embedded in the genesis block as a part of the SimpleChain running mechanism. The creator and initial operator of the SimpleChain is the SimpleChain Foundation – a non-profit organisation whose mission is to promoting and supervising the growth of the SimpleChain open source community. The foundation has neither pre-distributed nor pre-mined SIPC at the very beginning of the SimpleChain. Every block along with the incentive reward need to be mined through the contribution of computing power, and only a 5 percent of the computing power rewards will be donated to the predetermined foundation address in the first year. Annually, that donation percentage will be halved, so that the community become fully distributed gradually. The SimpleChain is a cornerstone for compatible and practical distributed digital economy