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TUBES priceTUBES#3131
9.77% (1d)
TUBES to USD Chart
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TUBES statistics
- Market cap
- $123.06M
0.00%
- Volume (24h)
- $1.6M
53.36%
- FDV
- $123.06M
- Vol/Mkt Cap (24h)
- 1.3%
- Total supply
- 39M TUBES
- Self-reported circulating supply
- 39M TUBES
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TUBES Markets
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About TUBES
What is the technology behind TUBES?
The technology behind TUBES (TUBES) integrates both ERC-20 and BRC20 standards, creating a robust and versatile framework for its operations. At its core, TUBES utilizes blockchain technology, a digital platform that ensures secure and transparent transactions by recording and verifying data across various industries. This decentralized ledger system is fundamental to TUBES, providing a secure environment where transactions are immutable and transparent.
The blockchain on which TUBES operates is designed to prevent attacks from bad actors through several mechanisms. One of the primary defenses is the consensus algorithm, which ensures that all participants in the network agree on the state of the blockchain. This consensus mechanism, often Proof of Work (PoW) or Proof of Stake (PoS), makes it exceedingly difficult for any single entity to alter the blockchain's records without the agreement of the majority. Additionally, cryptographic techniques are employed to secure data, making it nearly impossible for unauthorized parties to tamper with transaction records.
TUBES also leverages cross-chain technology, which allows for interoperability between different blockchain networks. This is particularly significant as it enables the seamless transfer of assets and data across various blockchain ecosystems. The TUBE protocol has pioneered the first ERC20 Inscription cross-chain decentralized exchange, which facilitates decentralized finance (DeFi) functions on the ERC20 standard. This includes liquidity staking, liquidity rewards, decentralized exchange, staking lending protocols, and cross-chain protocols, all of which contribute to a transparent and secure operational environment.
The decentralized exchange (DEX) aspect of TUBES is another critical component. By operating on a DEX, TUBES ensures that transactions are conducted directly between users without the need for a central authority. This not only enhances security but also promotes transparency and reduces the risk of centralized points of failure. Users can engage in liquidity staking, where they provide liquidity to the exchange and, in return, earn rewards. This incentivizes participation and helps maintain a healthy liquidity pool, which is essential for the smooth operation of the exchange.
Moreover, the staking lending protocols within the TUBES ecosystem allow users to stake their assets and earn interest or borrow against their staked assets. This functionality is crucial for fostering a dynamic and flexible financial ecosystem where users can maximize the utility of their assets. The cross-chain protocols further enhance this by enabling the movement of assets across different blockchain networks, thus broadening the scope and reach of TUBES.
In terms of security, TUBES employs advanced cryptographic methods to protect user data and transaction details. Each transaction is encrypted and linked to the previous one, forming a chain of blocks that is resistant to modification. This ensures that once a transaction is recorded on the blockchain, it cannot be altered or deleted, providing a high level of security and trust.
The integration of ERC-20 and BRC20 standards within TUBES allows for a wide range of functionalities and compatibility with various applications and platforms. ERC-20, a standard used on the Ethereum blockchain, is known for its flexibility and widespread adoption, enabling TUBES to interact seamlessly with numerous decentralized applications (dApps) and smart contracts. BRC20, on the other hand, offers additional features and capabilities, further enhancing the versatility and functionality of TUBES.
By combining these technologies, TUBES creates a comprehensive and secure ecosystem that supports a variety of financial activities and transactions. The use of blockchain technology ensures that all operations are transparent, secure, and efficient, while the integration of cross-chain capabilities and decentralized finance functions positions TUBES as a forward-thinking and innovative platform in the cryptocurrency space.
What are the real-world applications of TUBES?
What key events have there been for TUBES?
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TUBES Price Live Data
The live TUBES price today is $3.16 USD with a 24-hour trading volume of $1,606,866 USD. We update our TUBES to USD price in real-time. TUBES is down 9.77% in the last 24 hours. The current CoinMarketCap ranking is #3131, with a live market cap of not available. The circulating supply is not available and a max. supply of 39,000,000 TUBES coins.