Binarium

1. Summary

Ranks

Liquidity

-

Developer

-

Social

15

Momentum (beta)

0

Stack Rank™

-

Price

$0.000206220000 0.0%

Market Cap

$0.00 (#11564)

Supply

/

Tags

Artificial Intelligence

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Price
52W High price	$0.000650457100
52W High date	11th Nov 2021 (3 years ago)
All Time High (ATH) Date	18th Dec 2024 (4 months ago)
All Time Low (ATL) Date	18th Dec 2024 (4 months ago)

Supply & Trading Volume

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Description

Binarium is an experimental digital currency that allows for anonymous and instant payments to anyone, anywhere in the world. It employs a peer-to-peer technology, eliminating the need for a central authority. Binarium operates using open-source software, known as Binarium Core, which is released under the terms of the MIT license.

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Binarium is an experimental digital currency that allows for anonymous and instant payments to anyone, anywhere in the world. It employs a peer-to-peer technology, eliminating the need for a central authority. Binarium operates using open-source software, known as Binarium Core, which is released under the terms of the MIT license.

Key Features

• ASIC-Resistant: Binarium is protected from Application-Specific Integrated Circuits (ASICs) due to its configurable hashing algorithm, which changes every week or whenever the block generation difficulty changes, making it difficult and expensive to implement and maintain ASICs for various sub-functions.
• Decentralized: Transactions and currency management are handled collectively by the network, rather than a central authority.
• Open Source: The Binarium Core software is open-source and available for review, modification, and contribution on GitHub.
• Digital Payments: Enables secure, instant, and anonymous payments.
• Utilizes Data Amplification: Uses Salsa20 fast encryption for efficient data protection.

Development and Functionality

• Games and Digital Assets: The currency is used in gaming, allowing developers and gamers to organize tournaments and exchange digital assets, including in-game items and valuables.
• Future Plans: Additional planned features include smart contracts, electronic document management, and other functionalities.

Binarium is a decentralized digital currency designed for secure, anonymous, and instant transactions, backed by open-source software and configurable to resist ASICs. Its decentralized nature makes it a versatile tool for various applications, including gaming and digital asset exchange.

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