PTA

PetrachorPTA

Rank #6723
Coin
On 639 watchlists

Petrachor Price (PTA)

$0.005997
22.40%

0.000000109 BTC20.89%

0.000001448 ETH20.36%

Low:$0.004893
High:$0.006009
24h
PTA  Petrachor PTA
Price:
$0.005997
 22.40%
Market Cap
- -

Why is there no Market Cap? 

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Fully Diluted Market Cap
- -
Volume
24h
$6
73.40%
Volume / Market Cap
--
Circulating Supply
--

Why is there no Total Supply? 

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Petrachor to USD Chart

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PTA Price Live Data

The live Petrachor price today is $0.005997 USD with a 24-hour trading volume of $5.84 USD. We update our PTA to USD price in real-time. Petrachor is up 22.40% in the last 24 hours. The current CoinMarketCap ranking is #6723, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.

What is Petrachor (PTA)?

Petrachor is a secure and scalable digital asset platform, empowering a decentralized Internet experience. Its light-weight architecture can run from a phone, tablet, or desktop. Petrachor uses 100% original code for the Ariel Protocol; a resource efficient and censorship resistant Proof of Stake consensus. Millions of nodes can actively participate in mining, which eliminates the need for mining pools, and provides optimal security.

Petra (PTA) is the native unit of the Petrachor network. Petra can be used for:

  • payments
  • smart contract interactions
  • mining for block rewards

How Does Petrachor's Consensus Work?

The Ariel Protocol is Petrachor's unique Proof of Stake v4 consensus. It provides probabilistic finality, meaning that there are no checkpoints - the chain with the most cumulative difficulty is the canonical chain. Miners can join and leave at any time, there is no minimum balance required, and all balances can be spent without restrictions. The consensus itself is very simple. Each miner creates a hash that includes a combination of:

  • a timestamp that comes after the parent block timestamp, but not in the future
  • the public key of the miner, and
  • the stake modifier

Once a miner finds a hash meeting the required difficulty, they can sign the block with their BLS private key, and add transactions to the blockchain. Anyone running a full-node can easily verify that the block is valid by reproducing a hash of the 3 items listed above. Unlike Proof of Work, which depends solely on computational power, our miners are rate limited to one hash per second, so that virtually any device can be utilized to mine and earn block rewards.

What Else Is Interesting About Petrachor?

The Boneh-Lynn-Shacham unique signature scheme is used for the core random beacon of Ariel. By also securing accounts with BLS, we pave the road towards future extensions, such as multisignatures, threshold signatures and aggregate signatures.

The elliptic curve used by our signature scheme is BLS12-381, a Barreto-Lynn-Scott curve. This curve was introduced in Sapling, the latest upgrade to the ZCash protocol, with the aim to improve efficiency and security while reducing memory intensivity.

How Many Petra Coins Are There?

Petrachor's network launched its mainnet on March 13, 2019 with 1 billion PTA created in the genesis block. The total supply of Petra increases at a rate of 3% per year. All Petra holders are eligible to receive block rewards. Unlike Proof of Work, Petrachor allows you to increase purchasing power over time, thanks to its fixed supply schedule.

What Problem is Petrachor Trying To Solve?

Petrachor solves the problem of scalability better than any other blockchain. All Petrachor nodes are equal peers, and require only generic hardware, with minimal Internet bandwidth. Petra (PTA) act as a catalyst to allow millions of individual nodes to secure the network. This unmatched scalability is what creates the foundation for the most inclusive and sustainable monetary system in the world.

PTA to USD Converter

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PTA Price Statistics

Petrachor Price Today
Petrachor Price$0.005997
Price Change24h$0.001098
22.40%
24h Low / 24h High
$0.004893 /
$0.006009
Trading Volume24h$5.84
73.40%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#6723
Petrachor Market Cap
Market CapNo Data
Fully Diluted Market CapNo Data
Petrachor Price Yesterday
Yesterday's Low / High
$0.004891 /
$0.006008
Yesterday's Open / Close
$0.004902 /
$0.006
Yesterday's Change

22.41%

Yesterday's Volume$0.61
Petrachor Price History
7d Low / 7d High
$0.004891 /
$0.006439
30d Low / 30d High
$0.002785 /
$0.008202
90d Low / 90d High
$0.001333 /
$0.008678
52 Week Low / 52 Week High
$0.0005239 /
$0.1001
All Time High
Apr 10, 2021 (8 months ago)
$0.1001
94.01%
All Time Low
May 21, 2021 (6 months ago)
$0.0005239
1044.72%
Petrachor ROI
No Data
Petrachor Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max SupplyNo Data