Russian Central Bank issued an alert that the Artery Network is showing signs of a pyramid scheme. Kindly check their official announcement here.
Loading Data
Please wait a moment.
Artery Network community
Artery Network Markets
All pairs
Loading data...
Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Artery Network is a project launched on its own blockchain (Artery Blockchain) on October 18, 2020. Its main task is to provide the market with tools to improve the data safety on the Internet. So, for example, at the project start a mobile application with the same name was released with Artery Storage and Artery VPN products.Their work is ensured by members of the Artery Network, who allocate resources such as disk space and Internet connection in the same application, in the Artery Node product. Network participants who provide the resources of their devices receive a reward in ARTR project coins depending on the amount of allocated resources. There exists also the Artery Network computer application, which was originally intended for block validation. Finally, from early 2021 the team of developers began to implement the Artery Storage and Artery VPN products, as well as the ability to allocate the resources of personal computers to increase the volume of decentralized storage and the bandwidth of Artery VPN. As of June 2021, products for computer application have successfully passed testing and are ready for release. The ultimate goal of the products is, in addition to providing them to private users, also adapting them for B2B sector. This will result in B2B sector using all the resources of the network, thus providing network members with constant rewards.
About coins
The total issue of coins is 4.000.000.000 ARTR. The issue term is approximately 10 years. Coins are mined by means of delegating them. Delegation helps to ensure the coin with liquidity, as well as to support other network participants in becoming validators, thus strengthening the Artery Blockchain. So, for example, as of June 2021, 93% of ARTRs are in delegation. This shows that almost all coins are frozen and not traded on the stock exchange, thus strengthening the coin's rate. Depending on the number of frozen (delegated) coins, a reward is paid to the user, in that way new coins appear on the market. Delegation fees are listed in the WhitePaper of the project. In order to avoid inflation, periods of decreasing remuneration to delegators were undertaken, the first of which took place on April 18, 2021. During the first 7 months of the project, the ARTR rate increased 14 times from $ 0.11 to $ 1.4 (as of June 5, 2021).
The key objective of the project is to win the leading position in providing decentralized solutions for both individual users and B2B market.
What is Artery Network?
Artery Network (ARTR) stands as a distinctive player in the blockchain arena, offering innovative solutions for enhancing data security on the internet. Launched on its own blockchain on October 18, 2020, Artery Network introduces a suite of products, including a mobile application, decentralized storage, and VPN services. These tools are designed to cater to both private users and the B2B sector, aiming to revolutionize data safety practices.
Participants in the Artery Network contribute resources such as disk space and internet connectivity through the Artery Node product. In return, they receive rewards in ARTR coins, fostering a decentralized ecosystem. The network's computer application initially focused on block validation, with subsequent developments expanding its capabilities to support decentralized storage and VPN bandwidth.
The total issuance of ARTR coins is capped at 4 billion, with a planned issuance period of approximately 10 years. Coins are mined through delegation, which bolsters liquidity and supports network validators. As of June 2021, a significant portion of ARTR coins were delegated, indicating strong network participation.
Artery Network's ambition is to lead in providing decentralized solutions, leveraging its blockchain to offer robust data security tools for both individual and business users.
What is the technology behind Artery Network?
Artery Network, with its ticker ARTR, is a fascinating blockchain project that operates on its own blockchain, known as the Artery Blockchain. This blockchain is designed to enhance data safety on the internet by leveraging a decentralized approach. At the heart of its technology is a peer-to-peer network that utilizes ARM Cortex-M4/M0+ 32-bit microcontrollers, which are integral to its operation. This setup allows Artery Network to offer decentralized storage and bandwidth solutions through its mobile and computer applications.
The Artery Blockchain employs a mining system that confirms transactions and rewards users with ARTR coins. This system is not just about mining in the traditional sense but involves a delegation process. Users delegate their coins, which helps maintain liquidity and supports other network participants in becoming validators. This delegation process is crucial for the network's security and efficiency, as it ensures that a significant portion of the coins is not actively traded, thereby stabilizing the coin's rate.
One of the standout features of Artery Network is its focus on providing tools for data safety. The project launched with a mobile application that includes Artery Storage and Artery VPN products. These products are powered by network participants who allocate resources such as disk space and internet connection through the Artery Node product. This allocation of resources is rewarded with ARTR coins, depending on the amount of resources provided. This model not only incentivizes participation but also enhances the network's capacity and security.
The Artery Network computer application was initially developed for block validation, which is a critical component of maintaining the integrity of the blockchain. As of June 2021, the Artery Storage and Artery VPN products had successfully passed testing and were ready for release. These products aim to expand the network's reach by allowing personal computers to contribute resources, thereby increasing decentralized storage and VPN bandwidth.
In terms of security, the Artery Blockchain employs a robust system to prevent attacks from bad actors. The delegation of coins plays a significant role here, as it ensures that a large portion of the coins is frozen, reducing the risk of market manipulation. Additionally, the network's decentralized nature, with numerous participants acting as validators, makes it difficult for any single entity to gain control.
Artery Network also has ambitions beyond individual users, with plans to adapt its products for the B2B sector. This expansion into the business-to-business market is expected to provide network members with consistent rewards, as businesses utilize the network's resources. This strategic move not only broadens the network's application but also strengthens its economic model by diversifying its user base.
The total issuance of ARTR coins is capped at 4 billion, with an issuance term of approximately 10 years. This controlled issuance, combined with the delegation system, helps manage inflation and ensures the network's long-term sustainability. Periodic reductions in rewards for delegators are part of this strategy, with the first reduction having occurred in April 2021.
Artery Network's innovative approach to blockchain technology, with its emphasis on decentralized solutions and data safety, positions it as a significant player in the cryptocurrency space. Its unique combination of mobile and computer applications, along with its focus on both individual and B2B markets, showcases the versatility and potential of its blockchain infrastructure.
What are the real-world applications of Artery Network?
Artery Network (ARTR) is a cryptocurrency project that operates on its own blockchain, launched on October 18, 2020. Its primary focus is on enhancing data safety and internet security through innovative tools like Artery Storage and Artery VPN. These products are designed to protect users' data and ensure secure internet connections. Participants in the Artery Network can allocate resources such as disk space and internet bandwidth through the Artery Node product. By doing so, they contribute to the network's functionality and receive rewards in ARTR coins based on the resources they provide.
The Artery Network application is available for both Windows and macOS, allowing users to engage with the network and even start a full node. This engagement is crucial for maintaining the decentralized nature of the network and ensuring its security and efficiency. The project also aims to expand its applications to the B2B sector, providing businesses with robust data safety and internet security solutions. This adaptation could lead to increased utilization of network resources, offering consistent rewards to network participants.
Moreover, the Artery Network's coin issuance strategy involves delegating coins to ensure liquidity and support network validators. This delegation process helps maintain the network's stability and encourages participation. The total issuance of ARTR coins is set at 4 billion, with a distribution period of approximately 10 years. By delegating coins, users can earn rewards, contributing to the network's growth and sustainability. The project has implemented measures to control inflation, such as reducing rewards over time, ensuring the long-term viability of the Artery Network ecosystem.
What key events have there been for Artery Network?
Artery Network (ARTR) emerged as a significant player in the blockchain space with the launch of its own blockchain, Artery Blockchain, on October 18, 2020. This marked the beginning of its journey to provide decentralized solutions aimed at enhancing data safety on the Internet. The initial phase of the project saw the release of a mobile application featuring Artery Storage and Artery VPN products. These tools were designed to leverage the resources of network participants, such as disk space and internet connections, through the Artery Node product.
In early 2021, the development team expanded its focus to include products for computer applications. This included the implementation of Artery Storage and Artery VPN for personal computers, which aimed to increase decentralized storage capacity and VPN bandwidth. By June 2021, these products had successfully passed testing and were ready for release, aligning with the project's goal of adapting its offerings for the B2B sector.
A notable event in the Artery Network timeline was the decrease in remuneration to delegators on April 18, 2021. This strategic move was part of the project's efforts to manage inflation and ensure the sustainability of the ARTR coin. Delegation plays a crucial role in the network, with 93% of the total 4 billion ARTR coins being delegated as of mid-2021. This high level of delegation helps maintain liquidity and supports the network's validators.
The ARTR coin experienced a significant increase in value during the first seven months of the project, rising 14 times from its initial rate. This growth underscored the market's positive reception of Artery Network's innovative approach to decentralized solutions.
Further developments included updates to the Artery Node product and the launch of the Fonds Arterial constitution. These initiatives were part of the network's broader strategy to enhance its infrastructure and governance, ensuring robust support for its expanding suite of products.
Artery Network's trajectory reflects its commitment to providing decentralized solutions for both individual users and the B2B market. The project's focus on leveraging participant resources and adapting its products for broader applications continues to shape its evolution in the blockchain ecosystem.
Who are the founders of Artery Network?
Artery Network (ARTR) emerged as a distinctive player in the cryptocurrency landscape, focusing on enhancing data safety through decentralized solutions. Despite its innovative approach, the founders of Artery Network remain unidentified, with no available information detailing their identities or backgrounds. The project, launched on October 18, 2020, operates on its own blockchain, offering tools like Artery Storage and Artery VPN. These products are supported by network participants who allocate resources, earning rewards in ARTR. The absence of founder information adds an air of mystery to the project, leaving the focus on its technological contributions.
The live Artery Network price today is $0.000813 USD with a 24-hour trading volume of $5,536.39 USD. We update our ARTR to USD price in real-time. Artery Network is down 3.78% in the last 24 hours. The current CoinMarketCap ranking is #5097, with a live market cap of not available. The circulating supply is not available and a max. supply of 4,000,000,000 ARTR coins.