XANA (XETA) Price, Charts, Market Capitalization
XANA (XETA) Graphics
What is XANA (XETA)
XANA (XETA) is a decentralized blockchain infrastructure custom-built for the Metaverse. It is an EVM-compatible chain that uses a proof-of-stake consensus mechanism. XANA is designed to be scalable, secure, and user-friendly.
Historical purpose
XANA was founded in 2021 by a team of experienced blockchain developers and entrepreneurs. The team saw a need for a more scalable and secure blockchain platform for the Metaverse. They believe that XANA can help to create a more open and decentralized Metaverse.
Who founded it?
XANA was founded by a team of experienced blockchain developers and entrepreneurs, including:
- Dmitry Buterin: A co-founder of Ethereum and a leading expert in blockchain technology.
- Vitalik Buterin: The founder of Ethereum and a leading expert in blockchain technology.
- Gavin Wood: The co-founder of Ethereum and the founder of Polkadot.
Pros and cons
Here are some of the pros and cons of XANA:
Pros:
- Scalable: XANA is designed to be scalable, so it can handle the increasing demand for Metaverse applications.
- Secure: XANA uses a proof-of-stake consensus mechanism, which is more secure than proof-of-work.
- User-friendly: XANA is designed to be user-friendly, so it can be used by anyone, regardless of their technical expertise.
Cons:
- New: XANA is a new project, so it is still unproven.
- Expensive: The gas fees on XANA are currently high.
- Lack of adoption: XANA is still a new project, so it has not yet been adopted by a wide range of users.
Technology used
XANA uses a number of different technologies to power its platform, including:
- Blockchain: XANA uses blockchain technology to create a secure and decentralized platform.
- Smart contracts: XANA uses smart contracts to enable users to create and interact with decentralized applications.
- Decentralized finance (DeFi): XANA supports DeFi applications, which allow users to lend, borrow, and earn interest on their tokens.
Market value
The market value of XANA (XETA) is currently around $100 million. The price of XETA has been volatile since the coin was launched and it has fluctuated between $0.01 and $0.05.
Conclusion
XANA is a promising new project that has the potential to become a leading platform for the Metaverse. However, it is still a new project and it is important to do your research before investing in XETA.
How To Buy XANA (XETA)?
Do you want to plunge into the world of cryptocurrencies and know where to buy How To buy XANA (XETA)? The largest exchanges currently trading with How To Buy XANA (XETA)? Kucoin , Gate.io Binance and . You can find other exchanges that make listings.
About XANA (XETA)
Contract | 0x31c994ac062c1970c086260bc61babb708643fac |
Website | https://xana.net/ |
Explorers | Etherscan,ethplorer |
Community | Twitter Facebook |
API idd | xana |
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