Cryptocurrencies: 1279
Markets: 4511
USDT Markets: 948
Total Market Cap: 228.6 Bn USDT
24h Volume: 101.1 Bn USDT
BTC Dominance: 66.82%
Select from cryptocurrencies
    Available exchanges
      Night
      Language
      EN English
      Manage
      Filters
      No filters available for this page
      Spank Chain

      Spank Chain

      Total Supply
      1000000000
      Circulating Supply
      300043386
      Max Supply
      0

      Spank Chain(SPANK) price, charts, marketcap

      1 SPANK = 0.0000003 BTC 0.00%

      About Spank Chain

      Spank Chain is a cryptocurrency with a total marketcap of 340.00. The total supply is 1,000,000,000.00 with a circulating supply of 300,043,386.00 and a max supply of 0.00.Spank Chain 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 3,196.01 and the opening price of the day is 0.00. The change in price in the past 24 hours is 0.00.Add Spank Chain to your watchlist for better visibility or add an alert for Spank Chain so you’re always up-to-date and aware of any price movements.

      Read more about Spank Chain

      Read less about Spank Chain

      Alert
      Watch
      Total Supply
      1000000000
      Circulating Supply
      300043386
      Max Supply
      0
      Total Marketcap
      78
      Volume
      3,196.01
      Open
      0.00
      High
      0.00
      Close
      0.00
      Low
      0.00

      Charts

      Spank Chain

      Exchange

      Period

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

      Index

      Chart Type

      CoinExchangeData Loader

      History of Spank Chain(SPANK)

      Spank Chain like all other cryptocurrencies is based on the model of the first actual cryptocurrency, Bitcoin. However, before Bitcoin’s and Spank Chain’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 Spank Chain would not exist today. However, the most important reason why Spank Chain 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 Spank Chain or most cryptocurrencies would exist today.

      Spank Chain is a cryptocurrency with the symbol SPANK 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. Spank Chain boasts a volume of 3,196.01 in the past 24 across your selected exchanges.

      Spank Chain Characteristics

      Cryptocurrencies like Spank Chain 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 Spank Chain base these protocols on complex mathematic and computer engineering fundamentals, creating a structure that makes it impossible to replicate funds for Spank Chain and also hides the identities of the parties involved on any transaction on Spank Chain network , unless the participants freely disclose their information.

      Spank Chain Operates on a Blockchain

      Spank Chain, 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 Spank Chain 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 Spank Chain is then multiplied and stored on each individual node, so in order to change it you would have to access he majority of the Spank Chain’s nodes at the same time, which has so far proven to be impossible.

      The advantages that Spank Chain 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 Spank Chain 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 Spank Chain 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 Spank Chain and make sure you double check all the details of the transaction before submitting it.

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

      Spank Chain Advantages

      Decentralized Point of Control

      Spank Chain (SPANK) 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 Spank Chain’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 Spank Chain’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 Spank Chain 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 Spank Chain blockchain, which can be though of as an account of sorts. Whenever you open an “account” on the Spank Chain 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 Spank Chain 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.

      Spank Chain Supply Details

      Spank Chain is distinguished from traditional fiat currencies due to way the supply works for most cryptocurrencies. Another interesting fact about Spank Chain’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 Spank Chain the total supply is 1000000000. This is the sum of all Spank Chain units that have been mined or created since the network’s creation. . The other one is the circulating supply which for Spank Chain is 300043386. 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 Spank Chain

      There are a few way to store your Spank Chains , 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 Spank Chain 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 Spank Chain is compatible with. Never ever disclose your Spank Chain 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 Spank Chain 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.

      Spank Chain Paper Wallet

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

      Spank Chain Hardware Wallet

      You can store Spank Chain 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 Spank Chain to another address. Usually the hardware device that you store your Spank Chain on is offline which is a great security advantage. Please conduct proper research before purchasing any hardware wallet to store Spank Chain funds on as many are outdated or of poor quality.

      Spank Chain Desktop Wallet

      Desktop wallets are a convenient and easy way to store your Spank Chain coins. Find a reliable wallet software that support Spank Chain 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 Spank Chain funds.

      Spank Chain Online Wallet

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

      Spank Chain Mobile Wallet

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

      Spank Chain Summary

      Spank Chain’s network can be defined as a payment system, with accounts, transactions and balances. You can store Spank Chain 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. Spank Chain as a cryptocurrency allows you to make secure transactions and you can always check the transaction details by checking the Spank Chain public ledger, if applicable. This revolutionary method of being your own bank assured that Spank Chain 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 Spank Chain on CoinExchangeData.

      You can add Spank Chain 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 Spank Chain 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 Spank Chain are readily available and we guarantee that the information supplied by CoinExchangeData is as accurate as possible. All the volume and price information regarding Spank Chain reflects the same information you can find on exchanges, so it is very easy to find the best exchange to purchase or sell Spank Chain on. Our converter lets you find accurate conversion quotes for Spank Chain against other cryptocurrencies and most traditional fiat currencies. You can use it to see if exchanging Spank Chain for another digital currency can be a more profitable investment or just to check the value of your portfolio.

      WisdomTree Grows a Stablecoin Today to Nurture a Crypto ETF Tomorrow
      Cointelegraph By Andrew Singer (18 January 2020, 11:27 pm)

      WisdomTree Grows a Stablecoin Today to Nurture a Crypto ETF Tomorrow WisdomTree brings a unique combination of being enterprise level and having financial regulatory experience, which it is bringing to the stablecoin space — with, perhaps, to soon have the first SEC-regulated crypto ETF

      Crypto News From Japan: Jan. 13-17 in Review
      Cointelegraph By Benjamin Pirus (18 January 2020, 9:56 pm)

      Crypto News From Japan: Jan. 13-17 in Review This week’s news from Japan includes heightened interest from Binance, a new working group on security tokens, and more

      Crypto Employment Abounds With More Than 8,000 Jobs in 2020
      Jamie Redman (18 January 2020, 8:40 pm)

      During the last year, the cryptoconomy has picked up pace after a drawn out crypto winter. When market prices were low and startups were short on capital, a bunch of firms laid off employees in 2018. A year later, and digital currency companies are hiring. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in […]The post Crypto Employment Abounds With More Than 8,000 Jobs in 2020 appeared first on Bitcoin News.

      Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis?
      Cointelegraph By Ana Alexandre (18 January 2020, 7:06 pm)

      Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis? With cheap electricity and friendly regulation, is Central Asia the new promised land for crypto miners?

      New Guidelines Subject Canadian Crypto Exchanges to Securities Laws
      Lubomir Tassev (18 January 2020, 4:10 pm)

      Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide custodial services, will have to abide by the country’s securities laws and act like securities dealers. Also […]The post New Guidelines Subject Canadian Crypto Exchanges to Securities Laws appeared first on Bitcoin News.

      FATF Holds Global Forum to Discuss Crypto Supervision
      Kevin Helms (18 January 2020, 1:10 pm)

      The Financial Action Task Force (FATF) and over 50 delegations involved in crypto supervision recently gathered to discuss how to regulate crypto assets and related service providers. While examining three key areas, they stressed the importance of international cooperation, citing that cryptocurrencies are global products. Also read: Regulation Roundup: EU-Wide Crypto Regulations, New Rules in […]The post FATF Holds Global Forum to Discuss Crypto Supervision appeared first on Bitcoin News.

      Plaintiffs Move to Combine Their Market-Manipulation Lawsuits Against Bitfinex and Tether
      Danny Nelson (17 January 2020, 10:05 pm)

      Three class action lawsuits alleging Bitfinex and Tether manipulated the bitcoin market are moving to consolidate, with the stablecoin issuer promising to fight the claims.

      Grasping Lightning: Mapping the Key Players in Bitcoin’s Next Phase
      Alyssa Hertig (17 January 2020, 10:00 pm)

      All kinds of groups are developing for lightning, the likely future of bitcoin payments. Here's a guide to notable players and projects.

      The Prospect of Building a New International Monetary System Is Getting Real
      Jeremy Allaire (17 January 2020, 8:30 pm)

      When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?

      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