Xphere (XP)

Rank #368

Market snapshot

Price
$0.016298
Market cap
$47.7M
24h volume
$396,945.96
Circulating supply
2,926,492,657.6986
Total supply
2,926,491,183.2986
Max supply
5,500,000,000

What is Xphere?

Xphere is a cryptocurrency designed to improve blockchain technology by tackling the blockchain trilemma. The project emphasizes providing a secure and efficient platform for decentralized applications and transactions, although specific documented purposes are not outlined.

How Xphere works

Xphere operates on a Proof Chain secured by xpHash proof of work. This mechanism ensures the integrity of transactions and the overall network. The system is designed to facilitate peer-to-peer interactions and maintain a shared ledger, although further operational details are not specified.

Key information

Symbol
XP
CMC rank
#368
Network / platforms
N/A
Categories
N/A
Date added
Mar 18, 2025

Key characteristics

Xphere is open-source, allowing anyone to participate in its development and use. It is categorized under CoinMarketCap's DeFi and wallet tags.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Xphere (XP)?
Xphere (XP) is a cryptocurrency focused on enhancing blockchain technology and providing decentralized finance solutions.
How does Xphere operate?
Xphere operates on a Proof Chain secured by xpHash proof of work, facilitating peer-to-peer transactions and maintaining a shared ledger.
What are the technical characteristics of Xphere?
Xphere is an open-source project, allowing for community participation and innovation.
What are the risks associated with transferring Xphere?
Digital asset prices can be volatile, and users should ensure secure handling of private keys and verify addresses before transfers.
How can I verify the acquisition of Xphere?
Verify the asset name and network details before transferring Xphere to ensure accuracy.
Where can I find official resources for Xphere?
Official resources for Xphere can be found on its website and GitHub repository.

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