Layer Network

1. Summary

Ranks

Liquidity

-

Developer

-

Social

47

Momentum (beta)

0

Stack Rank™

-

Price

$0.000005030000 0.0%

Market Cap

$0.00 (#12188)

Supply

/

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Price
52W High price	$0.000005328100
52W High date	8th Jun 2024 (11 months ago)
All Time High (ATH) Date	29th Dec 2024 (5 months ago)
All Time Low (ATL) Date	29th Dec 2024 (5 months ago)

Supply & Trading Volume
Trading Volume (24h)	$5.00

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Description

Layer Network

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Layer Network

The Layer Network project is a decentralized system designed to facilitate data transmission securely and efficiently across various networks. The project's name is reminiscent of the OSI Model’s network layer, which is responsible for routing and forwarding data packets between nodes.

Key Features

• Routing and Forwarding: Like the network layer in the OSI Model, the Layer Network is designed to manage the best path for data transfer between nodes, ensuring efficient routing and packet forwarding.
• Addressing Mechanism: The project incorporates an addressing mechanism, allowing hosts to have unique addresses for data transmission and reception.
• Packet Forwarding: The Layer Network can forward data packets between nodes, enabling data transmission across multiple networks.

Token Usage

The Layer Network token, symbolized as LAYER, can be used for several purposes within the network, including:

• Data Transmission: Users can utilize the token to facilitate data transmission and routing across the network.
• Network Access: The token can grant users access to the network, allowing them to send and receive data efficiently.
• Transaction Verification: The token can be used to verify and validate transactions within the network.

History

The Layer Network project has its roots in the concept of the OSI Model's network layer, where it is a crucial part of the data transmission process. The project aims to create a secure and efficient system for data transfer across various networks.

Future Plans

The Layer Network is continuously developing and improving its functionality to provide a high-quality service for its users. Future plans include expanding its capabilities to handle larger volumes of data and enhancing its security features to ensure the integrity of transactions within the network.

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