Cryptocurrencies: 1258
Markets: 4426
USDT Markets: 925
Total Market Cap: 194.6 Bn USDT
24h Volume: 32.5 Bn USDT
BTC Dominance: 68.48%
Select from cryptocurrencies
    Available exchanges
      Night
      Language
      EN English
      Manage
      Filters
      No filters available for this page
      Polymath

      Polymath

      Total Supply
      1000000000
      Circulating Supply
      443707568
      Max Supply
      0

      Polymath(POLY) price, charts, marketcap

      1 POLY = 0.0000030 BTC 2.49%

      About Polymath

      Polymath is a cryptocurrency with a total marketcap of 3,018.00. The total supply is 1,000,000,000.00 with a circulating supply of 443,707,568.00 and a max supply of 0.00.Polymath is a great cryptocurrency ranking in the top 500 of our coin ranking.The total traded volume in the past 24 hours on the exchanges our watchdog keeps his eyes on is 3,438,184.45 and the opening price of the day is 0.00. The change in price in the past 24 hours is 0.00.Add Polymath to your watchlist for better visibility or add an alert for Polymath so you’re always up-to-date and aware of any price movements.

      Read more about Polymath

      Read less about Polymath

      Alert
      Watch
      Total Supply
      1000000000
      Circulating Supply
      443707568
      Max Supply
      0
      Total Marketcap
      1384
      Volume
      3,438,184.45
      Open
      0.00
      High
      0.00
      Close
      0.00
      Low
      0.00

      Charts

      Polymath

      Exchange

      Period

      all 1y 6m 3m 1m 7d 1d

      Index

      Chart Type

      CoinExchangeData Loader

      History of Polymath(POLY)

      Polymath like all other cryptocurrencies is based on the model of the first actual cryptocurrency, Bitcoin. However, before Bitcoin’s and Polymath’s time , cryptocurrencies were much more different, relying instead on a centralized power structure rather than the decentralized governance we see today. If it weren’t for the works of cryptographers such as David Chaum, Wei Dai, Nick Szabo and Hal Finney, who established some of the ground concepts for modern cryptocurrencies, Bitcoin, Ethereum and Polymath would not exist today. However, the most important reason why Polymath was made possible is thanks to a person or a group of people under the alias Satoshi Nakamoto. He took the concepts that cryptographers before him established and managed to create an actual peer-to-peer electronic money system that couldn’t be counterfeited. If Satoshi Nakamoto didn’t create Bitcoin, it is hard to say if Polymath or most cryptocurrencies would exist today.

      Polymath is a cryptocurrency with the symbol POLY and it’s price ticker on our website is 0.00. Its current price is 0.00 and the total change over the past 24 hours is 0.00. Polymath boasts a volume of 3,438,184.45 in the past 24 across your selected exchanges.

      Polymath Characteristics

      Cryptocurrencies like Polymath use strong cryptographic protocols, or very complex computer code to secure transfers of information, in order to create a safe system that is notoriously difficult to crack. The programmer of digital currencies such as Polymath base these protocols on complex mathematic and computer engineering fundamentals, creating a structure that makes it impossible to replicate funds for Polymath and also hides the identities of the parties involved on any transaction on Polymath network , unless the participants freely disclose their information.

      Polymath Operates on a Blockchain

      Polymath, like most cryptocurrencies operates on a blockchain, a new and disruptive technology that offers benefits for storing, securing and transferring information that was not otherwise possible before its inception. The idea of blockchain was first discovered in 1991 by Stuart Haber and W. Scott Stornetta, however it was not until an anonymous person or group under the alias of Satoshi Nakamoto that created the first functional blockchain (Bitcoin’s blockchain) and improved on the ideas of Haber and Scornetta to create a truly functional distributed ledger.

      You can imagine the blockchain that Polymath is based on as a giant, distributed database where every transaction’s information is recorded and then spread on a massive network of connected nodes or computers. The information for transaction of Polymath is then multiplied and stored on each individual node, so in order to change it you would have to access he majority of the Polymath’s nodes at the same time, which has so far proven to be impossible.

      The advantages that Polymath runs on a blockchain are that it is very cost effective to run, compared to other centralized resources, due to the cost of operating being split amongst all the network participants.

      No one can alter the defining characteristics that govern Polymath base, unless certain conditions are met and changes are implemented by the developer team or a network wide consensus is reached for the changes to be applied.

      One disadvantage of operating on a blockchain is that generally, transactions with Polymath are final, meaning that is very unlikely that a transaction can be rolled back if a mistake occurs. Be careful when transacting cryptocurrencies such as Polymath and make sure you double check all the details of the transaction before submitting it.

      Polymath also boasts a higher degree of safety, as the mechanisms of the blockchain are incredibly hard to crack

      Polymath Advantages

      Decentralized Point of Control

      Polymath (POLY) is defined by a decentralized governance system, which does not rely on a single point of control to manage transactions on the network in the same way a bank would. Because of this Polymath’s network features a distinct advantage that makes it very difficult to counterfeit or imitate. Another advantage of being decentralized is that any attacks on Polymath’s network will have to be in multiple places at the same, whereas a bank or any centralized system will have an host of servers in one place.

      Cost Efficient

      Generally speaking, auditing records is a time consuming and expensive process, whereas for Polymath which stores all its records on the blockchain, this can be done with minimal effort and in a much shorter time.

      Establishing a Digital Identity

      You can create your own identity on the Polymath blockchain, which can be though of as an account of sorts. Whenever you open an “account” on the Polymath blockchain, you will be given a private key, which lets you interact with the blockchain, and a public key, which let others identify and interact with you.

      Immutable

      Since all information that is transmitted on the Polymath blockchain is stored and secured on a wide network of computers or nodes, you can always be sure that the information presented is valid and has not been tampered with.

      Polymath Supply Details

      Polymath is distinguished from traditional fiat currencies due to way the supply works for most cryptocurrencies. Another interesting fact about Polymath’s supply is there can be two other types of supply aside from the maximum supply. One is the total supply which indicates the amount of coins there are currently in existence. For Polymath the total supply is 1000000000. This is the sum of all Polymath units that have been mined or created since the network’s creation. . The other one is the circulating supply which for Polymath is 443707568. This can be different that the total supply due factors such as funds being locked in escrow, coins being locked in masternodes.

      How to Store Polymath

      There are a few way to store your Polymaths , and they all involve a certain types of both physical and electronic wallets. Regardless of what kind of wallet you will use, in order to access your Polymath funds you will need to have a private key and a public key. With the private key, you can access your funds and send them to whoever you like, just as long as it is an address that Polymath is compatible with. Never ever disclose your Polymath private key or also called private address, as this will give anyone who has it full control over your wallet. The other type of key is the public key or address, which is used for other people to send Polymath to your wallet, and this one can be freely disclosed but it can be used to identify you if a name is ever associated with your public address.

      Polymath Paper Wallet

      The only physical and non-electronic way to store your Polymath is through a paper wallet, and this is possibly the safest way to protect your Polymaths. Simply write the private and public keys of your Polymath wallet on a sheet of paper, however you will need access to an electronic device should you choose to send or move your Polymath funds to another address. The risk here is losing or damaging the sheet of paper with your Polymath public key.

      Polymath Hardware Wallet

      You can store Polymath on a device like a Trezor or USB drive. You are able to make online transactions by plugging them into any any net enabled device to send Polymath to another address. Usually the hardware device that you store your Polymath on is offline which is a great security advantage. Please conduct proper research before purchasing any hardware wallet to store Polymath funds on as many are outdated or of poor quality.

      Polymath Desktop Wallet

      Desktop wallets are a convenient and easy way to store your Polymath coins. Find a reliable wallet software that support Polymath install it on your PC and that’s pretty much it. It can be dangerous if any virus infects your PC or if any physical damage comes to it, which can result in the loss of all your Polymath funds.

      Polymath Online Wallet

      For online wallets, they operate in the cloud and your private and public keys for your Polymath funds are stored in the cloud as well. Very handy if you plan to access it from multiple devices but they also put your Polymath at great risk due to security breaches in the cloud storage which is not that unheard of.

      Polymath Mobile Wallet

      The most easy-to-use method of storing Polymath is on a mobile wallet. It is a simple smartphone application where you set up an account and you can use it to send Polymath by scanning a QR code or even use it to pay in any shops that accept Polymath. However, your Polymath funds can be lost if your phone is damaged or if its security is breached.

      Polymath Summary

      Polymath’s network can be defined as a payment system, with accounts, transactions and balances. You can store Polymath on one of the wallet types mentioned above and it will act as your own personal bank account that you are responsible of maintaining and keeping your private keys secure. Polymath as a cryptocurrency allows you to make secure transactions and you can always check the transaction details by checking the Polymath public ledger, if applicable. This revolutionary method of being your own bank assured that Polymath and other cryptocurrencies will play a vital role in the way we conduct transactions and how we define currencies in the future.

      What you can do with Polymath on CoinExchangeData.

      You can add Polymath to your watchlist on our platform, in order to keep better track of its price movements. Another handy way to always be up-to-date with any prices changes is to add alerts for Polymath and you can do so by set up your personalized alerts by creating an account and going to the alerts tab. Charts and price metrics for Polymath are readily available and we guarantee that the information supplied by CoinExchangeData is as accurate as possible. All the volume and price information regarding Polymath reflects the same information you can find on exchanges, so it is very easy to find the best exchange to purchase or sell Polymath on. Our converter lets you find accurate conversion quotes for Polymath against other cryptocurrencies and most traditional fiat currencies. You can use it to see if exchanging Polymath for another digital currency can be a more profitable investment or just to check the value of your portfolio.

      Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards
      Kai Sedgwick (8 December 2019, 6:35 pm)

      There’s been a lot of noise about Bitcoin’s halving, set to occur in May, and the effect this will have on price as BTC’s mining reward is slashed. It’s not the only PoW coin gearing up for a major reduction in its emission rate next year, with Bitcoin Cash, Beam, and Zcash all set to […]The post Beam, BCH and Zcash Will Join BTC in Halving Their Mining Rewards appeared first on Bitcoin News.

      Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB
      Cointelegraph By Rakesh Upadhyay (8 December 2019, 4:12 pm)

      Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB A few of the top crypto performers are indicating strength and are likely to move higher if Bitcoin remains stable

      Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
      Kevin Helms (8 December 2019, 3:01 pm)

      Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets ‘The End of Fiat Money?’ – […]The post Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money appeared first on Bitcoin News.

      Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains
      Cointelegraph By Adrian Zmudzinski (8 December 2019, 1:30 pm)

      Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains Ethereum’s prices sees no major movement following the hard fork, as most of the top 20 cryptocurrencies report moderate gains

      DISCUSSION: How Can Public Blockchains Have Privacy?
      Adam B. Levine (8 December 2019, 1:05 pm)

      On today's show, we discuss the idea of true privacy on public, transparent blockchains and some of the ways it's working (or not) in Bitcoin or related projects right now.

      Bitcoin Halving, Explained
      Cointelegraph By Stephen O'Neal (8 December 2019, 11:47 am)

      Bitcoin Halving, Explained What is the Bitcoin halving that everyone is talking about? Will it drive the price up? Will miners stick with BTC? Learn all about the pre-scheduled event

      Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto
      Lubomir Tassev (8 December 2019, 9:50 am)

      Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and small retailers, order food and drinks, or book a flight. And […]The post Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto appeared first on Bitcoin News.

      Decentralized Liquidity Is the Backbone of DeFi
      Matthew Prewitt (8 December 2019, 9:00 am)

      How decentralized liquidity venues govern the health of DeFi.

      Ethereum’s Istanbul Hard Fork Is Now Live
      William Foxley (8 December 2019, 12:26 am)

      Hitting at block number 9,069,000, the systemwide upgrade is the network’s third in 2019.

      MinerGate Exclusive: Interview with the chat moderator
      MinerGate Mining Pool (26 June 2019, 2:04 pm)

      Recently, we released our very own loyalty token – the MinerGate Token.  It’s the token that we believe will empower all parts of the MinerGate ecosystem and positively engage the community in the project’s life.  A few tokens have already been delivered to the most active users as gratitude for their contribution. As well, there […]The post MinerGate Exclusive: Interview with the chat moderator appeared first on Crypto Mining Blog.

      Welcome MinerGate xFast 1.5
      MinerGate Mining Pool (24 June 2019, 6:18 pm)

      Dear miners, The MinerGate team is working hard to bring you the best mining solutions and user-friendly services. Making MinerGate a multifunctional platform will allow our new users to understand all mining processes faster and benefit from the cutting edge technologies available for our seasoned miners. MinerGate xFast miner is a highly efficient and easily […]The post Welcome MinerGate xFast 1.5 appeared first on Crypto Mining Blog.

      MinerGate DSP Portal. Essential elements of decreasing the cost of developing DApp
      MinerGate Mining Pool (14 June 2019, 10:30 pm)

      For just a year, the EOS system has proved itself to be worthy of being a next-generation blockchain project with industry-leading scalability and transaction speed. Its philosophy and solutions are giving new opportunities to blockchain developers. Lots of dApps – a crucial part of the system – are now built on EOS. The number has […]The post MinerGate DSP Portal. Essential elements of decreasing the cost of developing DApp appeared first on Crypto Mining Blog.

      Select from cryptocurrencies
        Available exchanges