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Sukhavati Network

Sukhavati Network SKT Price $ 0.00177

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Blockchain Infrastructure

SKT Price

0.00177
6.53%
($ 0.000108)
Price Range
LowHigh
$ 0.00165$ 0.00177

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Description

Sukhavati is a decentralized cloud service network focused on storage.

Sukhavati Network (SKT) Chart

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Sukhavati Network (SKT)SKT

SKT Price Statistics

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Market Cap

$ 10.59K

FDV

$ 1.08M

ATH Market Cap

$ 3.25M

24 Trade Vol.

$ 8.73K


Vol. (24h) / MCap

0.824

Total Supply

SKT 609,316,478

Circulating Supply

SKT 6.00M

(0.98% of Total Supply)

Listing Date

13 Aug 2021

All Time High

$ 0.541

13 Aug 2021


All Time Low

$ 0.000799

14 Oct 2023


From ATH

99.7%

From ATL

120.8%

Sukhavati Network Price Analysis

What is Sukhavati Network (SKT)?

Sukhavati is a decentralized cloud service network focused on storage.

At the consensus layer, it provides a secure and low-consumption consensus ledger based on the Proof-of-Capacity (PoC) mechanism.

At the storage layer, it makes full use of the advantages of the hardware-based Trusted Execution Environment (TEE) technology and designs a new decentralized storage verification mechanism: Efficient Proof-of-Spacetime (EPoSt), which enables a significant number of small network storage devices to participate in the network and provide trusted computing resources.

Sukhavati will build a decentralized data access gateway that covers both Web3.0 and Web2.0 storage services and that provides unified data storage, retrieval, and management services that can meet various local compliance requirements for Web3.0 applications.

The mission of Sukhavati Network is to inspire and incentivize improvements to the distributed storage ecosystem, promote it as the true infrastructure of the next-generation Internet, and expand a wide range of application scenarios for the implementation of the Web3.0 vision.


Low-Consumption

  • The PoC consensus mechanism requires only a small amount of computing and IO resource consumption to maintain high security consensus, allowing most resources to be used for other meaningful work.

Efficient

  • The EPoSt mechanism makes full use of the advantages of the hardware-based Trusted Execution Environments (TEEs). Compared to purely cryptographic ZKP-based methods, it is 100+ times faster in terms of verification speed.

Truly Decentralized

  • Thanks to the efficient consensus mechanism, a significant number of devices at the network edge can participate in storage mining and provide trusted computing resources, giving full play to the advantages of decentralized network structure.

Local Trusted Environment

  • For the scenarios that do not make any change to the global consensus ledger, storage nodes can use their computing and bandwidth resources to provide trusted computing and network transmission services for users.

Sukhavati Network Price Today

Sukhavati Network's current price is $ 0.00177, it has increased +6.53% over the past 24 hours.

Sukhavati Network's All Time High (ATH) of $ 0.541 was reached on 13 Aug 2021, and is currently -99.7% down.

The current circulating supply of Sukhavati Network is 6.00 Million tokens, and the maximum supply of Sukhavati Network is 609.32 Million.

Sukhavati Network’s 24 hour trading volume is $ 8.73 Thousands.

Sukhavati Network's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 10.59 Thousands.

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