Coinweb CWEB

1. Summary

Ranks

Liquidity

82

Developer

-

Social

87

Momentum (beta)

59

Stack Rank™

-

Price

$0.006443920000 +0.9%

Market Cap

$33.15M (#743)

Supply

4.92B / 7.62B

Tags

Wallets Ethereum Ecosystem Interoperability Layer 2 (L2) Cross-chain Communication Bitcoin Layer 2

More Metrics

Price
52W High price	$0.02
52W High date	27th Jun 2023 (1 year ago)
All Time High (ATH) Date	30th Dec 2021 (2 years ago)
ATH Price	$0.66
% From ATH	-98.47%
All Time Low (ATL) Date	30th May 2024 (1 month ago)
ATL Price	$0.008873830000
% From ATL	13.86%

Supply & Trading Volume
Trading Volume (24h)	$60,574.00
Total Supply	7.62B
Max Supply	7.68B
Circulating Supply	4.92B

Less Metrics

Description

Coinweb fixes blockchain's biggest problems by creating usable blockchain technology that is more collaborative, better connected, and accessible for everyone. The project is built on top of existing and new blockchains and allows decentralized applications (dApps) to combine the best properties of multiple blockchains and supercharge the connectin...

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Coinweb fixes blockchain's biggest problems by creating usable blockchain technology that is more collaborative, better connected, and accessible for everyone. The project is built on top of existing and new blockchains and allows decentralized applications (dApps) to combine the best properties of multiple blockchains and supercharge the connecting networks, opening up new applications that were previously impossible to implement.

Decentralization

Coinweb inherits the properties of the underlying blockchain, with its control over protocol development not extending to transaction consensus. This means that anyone can run Coinweb, and the level of decentralization for individual transactions varies based on the specific blockchain in use.

Interoperability

Coinweb's protocol-level settlement layer ensures consistent cross-chain operations by using a combination of a state propagation graph and L2 reorg capability. This allows for stable interoperability without the need for interchain consensus layers. Additionally, Coinweb dApps can optimize blockchain utilization by monitoring operational data from different blockchains and directing transactions to chains with free capacity and lower gas fees.

Quantum Resilience

While Coinweb is not completely immune to quantum attacks, it is designed to accommodate quantum-resistant signatures and offers robustness against potential blockchain-specific vulnerabilities.

Unique Selling Points

• Consensusless interoperability in L2 for unique consistent cross-chain operations.
• Combining different and incompatible blockchains for advanced utilization.
• Allowing dApps to supercharge connected blockchains, unlocking new applications.
• Robust decentralization without relying on a high number of installations.
• Reduced reliance on high decentralization for trusting root hashes.

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