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POX

Pollux Coin price
POX

This is a preview page.
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
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Total supply
50.32M POX
Max. supply
--
Circulating supply
50.32M POX
Website
Socials
Rating (CertiK)
Explorers
UCID
6682
Self-Reported Tags
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Pollux Coin News

CMC Daily Analysis

Pollux Coin community

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About Pollux Coin

1) Consensus Mechanism

Pollux employs a Delegated Proof-of-Stake (DPoS) consensus mechanism, which differs from Ethereum's current Proof-of-Work (PoW) and its planned transition to Proof-of-Stake (PoS). The DPoS mechanism enhances scalability and efficiency, providing faster transaction speeds and a more responsive network.

2) Resource Model

Pollux transactions involve bandwidth and energy fees, unlike Ethereum's gas fees. Bandwidth measures the transaction size in bytes, with larger transactions consuming more bandwidth. Energy measures the computation required for Pollux's PVM (Pollux Virtual Machine) to execute specific operations. Each instruction executed by the PVM consumes varying amounts of energy, similar to Ethereum's gas model.

3) Virtual Machine Compatibility

Pollux's PVM is compatible with Ethereum's EVM (Ethereum Virtual Machine), allowing developers to use the same smart contract development language, Solidity. Although compatible, there are differences between PVM and EVM, which are detailed in Pollux's documentation.

4) API Support

Pollux supports HTTP and GRPC APIs in addition to Ethereum-compatible JSON-RPC 2.0 APIs. This compatibility ensures that developers familiar with Ethereum's API specifications can transition to Pollux with minimal changes to their development workflow.

5) Developer Resources and Tools

Development Tools Pollux provides several tools to aid in the development and deployment of decentralized applications (DApps). Developers can use familiar Ethereum development tools such as Truffle, Remix, and Web3js. Additionally, Pollux plans to introduce tools like Pollux Box, Pollux-IDE, and Pollux Web to enhance the development experience further.

6) Testnets and Mainnet

Developers can deploy their DApps on the YUVI testnets or the Pollux mainnet. This allows for thorough testing and refinement before launching on the main network.

7) Governance and Participation

Pollux's governance model features super representatives and voter participation, ensuring a decentralized and community-driven network.

*Conclusion*

Pollux offers a robust and efficient alternative to Ethereum, providing higher transaction speeds, a unique resource model, and a governance system that encourages community participation. Its compatibility with Ethereum tools and APIs ensures a smooth transition for developers, making Pollux a practical choice for building decentralized applications in the Web3 landscape. This combination of features and resources positions Pollux as a valuable platform for developers seeking to leverage blockchain technology's potential.
 
 
 
 
 
 

Similar Coins to Pollux Coin

CoinMarketCap API

Get Pollux Coin data into your app

The same data powering this page - prices, market cap, historical data, market pairs - served as JSON from the world's most-referenced crypto data source. Don't want an API key? Add /public-api/ to the path for keyless access: https://pro-api.coinmarketcap.com/public-api

  • No credit card required
  • Live in under 5 minutes
Get Your Free API Key
View Docs

Start With These Endpoints

Get
/v2/simple/price

Current USD spot price for Pollux Coin. Optimized for low latency and minimal payload - the fastest way to get a price into your app.

curl --request GET \
  --url 'https://pro-api.coinmarketcap.com/v2/simple/price?id=6682' \
  --header 'X-CMC_PRO_API_KEY: YOUR_API_KEY'
Get
/v3/cryptocurrency/quotes/latest

Returns the latest market quote for Pollux Coin. Use the "convert" option to return market values in multiple fiat and cryptocurrency conversions in the same call.

curl --request GET \
  --url 'https://pro-api.coinmarketcap.com/v3/cryptocurrency/quotes/latest?id=6682' \
  --header 'X-CMC_PRO_API_KEY: YOUR_API_KEY'
Get
/v2/cryptocurrency/info

Returns all static metadata available for Pollux Coin. This information includes details like logo, description, official website URL, social links, and links to a cryptocurrency's technical documentation.

curl --request GET \
  --url 'https://pro-api.coinmarketcap.com/v2/cryptocurrency/info?id=6682' \
  --header 'X-CMC_PRO_API_KEY: YOUR_API_KEY'

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  1. CoinMarketCap
  2. Cryptocurrencies
  3. Pollux Coin