PZM

PRIZMPZM

Rank #730
Coin
On 23,914 watchlists

PRIZM Price (PZM)

$0.003666
3.72%

0.0000001814 BTC5.78%

0.000002705 ETH5.04%

Low:$0.003289
High:$0.004004
24h
PZM  PRIZM PZM
Price:
$0.003666
 3.72%
Market Cap
$11,455,755
3.69%
Fully Diluted Market Cap
$21,997,222
3.72%
Volume
24h
$448,273
16.09%
Volume / Market Cap
0.03913
Circulating Supply
3.12B PZM
52%
Max Supply
6,000,000,000
Total Supply
3,114,691,274
Sponsored

PRIZM to USD Chart

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PZM to USD Converter

PZM

PRIZM

USD

United States Dollar

PZM Price Statistics

PRIZM Price Today
PRIZM Price$0.003666
Price Change24h-$0.0001417
3.72%
24h Low / 24h High
$0.003289 /
$0.004004
Trading Volume24h$448,273.33
16.09%
Volume / Market Cap0.03913
Market DominanceNo Data
Market Rank#730
PRIZM Market Cap
Market Cap$11,455,754.82
3.69%
Fully Diluted Market Cap$21,997,222.40
3.72%
PRIZM Price Yesterday
Yesterday's Low / High
$0.003289 /
$0.004004
Yesterday's Open / Close
$0.003819 /
$0.00358
Yesterday's Change

6.25%

Yesterday's Volume$485,562.54
PRIZM Price History
7d Low / 7d High
$0.003289 /
$0.004688
30d Low / 30d High
$0.003289 /
$0.007332
90d Low / 90d High
$0.001294 /
$0.007332
52 Week Low / 52 Week High
$0.001294 /
$0.009902
All Time High
Aug 30, 2017 (5 years ago)
$2.89
99.87%
All Time Low
Aug 01, 2022 (2 months ago)
$0.001294
183.22%
PRIZM ROI

99.69%

PRIZM Supply
Circulating Supply3,124,691,274 PZM
Total Supply3,114,691,274 PZM
Max Supply6,000,000,000 PZM

PZM to USD Converter

PZM

PRIZM

USD

United States Dollar

PZM Price Live Data

The live PRIZM price today is $0.003666 USD with a 24-hour trading volume of $448,273 USD. We update our PZM to USD price in real-time. PRIZM is down 3.72% in the last 24 hours. The current CoinMarketCap ranking is #730, with a live market cap of $11,455,755 USD. It has a circulating supply of 3,124,691,274 PZM coins and a max. supply of 6,000,000,000 PZM coins.

If you would like to know where to buy PRIZM at the current rate, the top cryptocurrency exchanges for trading in PRIZM stock are currently CoinTiger, IndoEx, ProBit Global, and RuDEX. You can find others listed on our crypto exchanges page.

What is Prizm?

Prizm is a fully decentralized, self-regulated, peer-to-peer blockchain network with a Proof of Stake consensus algorithm.

Built on Java v.8, open source and limited edition.

A new implementation of the concept of cryptocurrency in its purest form, allowing any user to easily, quickly and securely store, as well as make transfers in Prizm.

Prizm is a convenient alternative to international payment systems, with the ability to receive new coins.

Prizm is not a security, which is confirmed by the legal opinion of the US and EU countries.

How does Prizm work?

The Prizm concept has been in development since 2014. The idea was to create a peer-to-peer blockchain network (peer-to-peer), understandable in development and as environmentally friendly as possible (which does not require a huge amount of energy to maintain the network).

The Proof of Stake algorithm was taken as the basis, which in those years was only gaining its popularity.

This solution allowed us to confidently avoid the problem of network complexity and the race for power.

Prizm has been designed with a simple interface in mind, both for intuitive learning and for gaining access even with a weak internet connection.

Prizm is known in the cryptocurrency space for its incredibly fast transaction processing times on the blockchain network.

Access to the blockchain is provided by a stand-alone computer program (Node) that automatically performs block confirmation when certain conditions are met.

Also, any node can become public and provide secure access to personal wallets for everyone. Anyone can access their wallet without third-party services, thanks to the ability to use the broadcasting node on any device with Internet access.

The zero block PRIZM was launched on February 17, 2017. The premine amounted to 10 million coins issued and distributed by the Genesis block.

The final issue is 6,000,000,000.00 pzm.

The Curve25519 cryptography is used to strike a balance between security and processing power required, along with the more widely used SHA256 hashing algorithms.

The consensus algorithm is built on modern and energy efficient ECO technologies.

The Prizm network lacks the ability to selectively process transactions. The system will not allow sending coins to a non-existent wallet, thereby protecting the user from erroneous sending.

The maximum block capacity is 255 effective user transactions, the rest of the space is used for Genesis transactions and system information.

The commission is from 0.5% to 10 Pzm per transaction. The commission is calculated from the transaction initiator. If there are not enough coins, the system itself will offer the maximum number of coins to send.

How to mine PRIZM?

Prizm mining is based on the proof-of-stake (PoS) protocol.

When generating a new block, a node transmits the mined block to the entire network so that other nodes can validate it and add it to the block chain.

A feature of Prizm in the new system of rewards for storing coins on personal wallets is Paramining combined with classic Forging.

Each user receives a share from the generation of new coins according to certain criteria.

In the personal wallets of users, the predicted production of coins is displayed.

Creation and enrollment occurs at the time of transactions (incoming / outgoing).

Thus, at the time of block generation, Paramining* is credited to 3 network participants: the Transaction Initiator, the Receiver, and the Forger who generated the block.

Crediting occurs by sending coins from the Genesis wallet in a subsequent block with free system space.

The Genesis wallet operates exclusively in the negative range and targets -6,000,000,000.00 pzm.

The dynamic baseline target of the network is approximately 59 seconds and is independent of the number of transactions.

The maximum commission per block is 2550 Pzm. Users who administer the network (forgers) receive additional compound interest and the possibility of hybrid mining.

Thus, each coin in the wallet can be viewed as a miniature “mining farm”.

The platform completely solves the problem of a “51% attack” through moderate paramining*, evenly distributed among network participants.

Also, the issue is regulated by the Paratax * system - a decrease in the production of new coins with an increase in the total issue.

  • Paramining is a new coin generation method added to the Forging mechanism* that is rewarded for holding funds by all users at the same time to reach the final offer. It turns on with 1 pzm on a personal wallet and is regulated by three parameters:

It turns on with 1 pzm on a personal wallet and is regulated by three parameters: 1. Number of coins on a personal wallet 2. The number of coins under a personal wallet. 3. Difficulty of extraction of Paratax*.

Paramining in a personal wallet is a predictable mining, and can be changed before crediting when changing the 2nd and 3rd parameters.

Forging is the creation of new blocks in the blockchain based on the confirmation of ownership, with the possibility of receiving remuneration in the form of commission fees, as well as enrollment in Paramining.

You can start Forging:

  1. Install PrizmCore.
  2. Synchronize the blockchain with the main network.
  3. Have on balance from 1000 pzm, confirmed 1440 network blocks.
  4. Turn on Forging by signing with a private phrase.

Hold is storage on a personal wallet up to 1,000,000 pzm. After this value, paramining for your wallet stops.

Hybrid mining gets 50% more paramining when the following conditions are met: 1. Network administration (forging). 2. Balance no more than 110,000 pzm. 3. Create 1 block at least once every 100,000 block heights.

A hold status is enabled for you, which does not allow incoming transactions to be credited to Paramining, thereby not knocking down compound interest.

* Paratax is the process of slowing down the rate at which new coins are generated. It has a linear increase in complexity, expressed as a percentage of the already mined emission.

First of all, it is necessary to control inflation. The main advantage of cryptocurrency over fiat money is that the finite number of coins is known.

Paratax does not withdraw coins from circulation - it prevents their release by the Genesis block.

What is PRIZM used for?

Can be used as an international payment system.

Allows any user to absolutely safely store and quickly make transfers in the PRIZM coin around the world.

Provides the ability to access your wallet without interacting with third-party resources, such as: multi-currency and hardware wallets, as well as any custodial resources.

An open API makes it easy to integrate the payment system into the business sector, into the field of IT development, as well as fully automate the processes of receiving and sending coins.

In addition, all blockchain data is public, allowing statistics of any kind of interest to be generated.

PZM to USD Converter

PZM

PRIZM

USD

United States Dollar

PZM Price Statistics

PRIZM Price Today
PRIZM Price$0.003666
Price Change24h-$0.0001417
3.72%
24h Low / 24h High
$0.003289 /
$0.004004
Trading Volume24h$448,273.33
16.09%
Volume / Market Cap0.03913
Market DominanceNo Data
Market Rank#730
PRIZM Market Cap
Market Cap$11,455,754.82
3.69%
Fully Diluted Market Cap$21,997,222.40
3.72%
PRIZM Price Yesterday
Yesterday's Low / High
$0.003289 /
$0.004004
Yesterday's Open / Close
$0.003819 /
$0.00358
Yesterday's Change

6.25%

Yesterday's Volume$485,562.54
PRIZM Price History
7d Low / 7d High
$0.003289 /
$0.004688
30d Low / 30d High
$0.003289 /
$0.007332
90d Low / 90d High
$0.001294 /
$0.007332
52 Week Low / 52 Week High
$0.001294 /
$0.009902
All Time High
Aug 30, 2017 (5 years ago)
$2.89
99.87%
All Time Low
Aug 01, 2022 (2 months ago)
$0.001294
183.22%
PRIZM ROI

99.69%

PRIZM Supply
Circulating Supply3,124,691,274 PZM
Total Supply3,114,691,274 PZM
Max Supply6,000,000,000 PZM