AME Chain Price (AME)

What Is AME Chain (AME)?

AME Chain is the world’s 1st Quantum secured Blockchain that is EVM compatible with high performance and scalability. AME Chain is an ambitious project dedicated to the establishment of an unconditionally secure blockchain that can withstand the threats arising out of Quantum computing.
AME Chain is a platform that facilitates peer-to-peer communication, Smart contracts and applications via its own native currency called AME. The primary purpose of AME is to facilitate and monetize the working of AME Chain to enable developers to build and run distributed applications (called Dapps). AME Chain is a Turing complete blockchain framework, as it gives a foundation to programming languages using which you can write contracts that can solve any reasonable computational problem. AME Chain is compatible with Ethereum Virtual Machine (EVM), a consensus-based virtual machine that decodes the compiled contracts in bytecodes and executes them on the Ethereum network nodes. It also uses algorithms to prevent denial-of-service attacks that are widely observed in cryptocurrency markets. AME Chain network is a group of nodes, connected to every other node in a peer-to-peer mechanism. Each node consists of a copy of the entire blockchain data store and competes with other nodes to mine the next block by validating transactions. If a new block is added, the blockchain gets updated and is propagated to the entire network so that every node is in sync. AME Chain uses Proof-Of-Authority (PoA) as the consensus method that gives a small and designated number of blockchain actors the power to validate transactions or interactions with the network and to update its more or less distributed registry.

What Makes AME Chain Unique?

AME Chain is the world’s first Quantum blockchain that uses quantum security to secure its cryptography - encryption, hashing and digital signatures. Whereas other blockchains use Pseudo random numbers (PRN) for these operations, AME Chain uses Quantum random numbers (QRN) generated from a laser based quantum source.

How Many AME Chain (AME) Coins Are There in Circulation?

The total and maximum supply is 1 Billion AME. 500 Million AME is in circulation already. 500 Million AME will be put into circulation after September 2023. The locked AME supply will be distributed after September 2023 is as follows: 9.6% will be towards Staking rewards, 12.8% of AME will be distributed among Founding Team, 8% of AME will be distributed towards Development, 32% of AME is allotted for Community grants, 37.6% of AME is for Company Reserves & Partnerships. AME price during the initial seed sale, held on September 2020, was $0.0075. Given the recent ATH, that represents an impressive 20X return on investment (ROI)

How Is the AME Chain Network Secured?

AME Chain network is secured by multiple layers. • Quantum security - Quantum Random Numbers are used in cryptographic operations • Cryptographic hashes to generate and validate blocks • Proof-of-Authority to form consensus between trusted nodes

Where Can You Buy AME Chain (AME)?

AME coin can be purchased on few exchanges. One choice to trade AME is MEXC as it has the highest AME/USDT trading volume, $137,322,203 as of March 2022. Next is Gate.io, with a trading volume of $90,112,897. Other options to trade AME include Bit global, Bkex and XT.com. Of course, it is important to note that investing in cryptocurrency comes with a risk, just like any other investment opportunity.