Spacemesh $SMH
1. Summary
- Price
-
$0.47 +0.1%
- Market Cap
- $28.61M (#759)
- Supply
- 51.08M / 51.08M
- Description
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Overview
Overview
Spacemesh is a cryptocurrency project that aims to revolutionize the industry with its unique approach, positioning itself as "the people's coin." Built on a layer 1 Proof of Space Time (PoST) protocol, Spacemesh is designed to be user-friendly, financially fair, environmentally sound, and completely permissionless. The project's innovative approach seeks to challenge the status quo in the cryptocurrency space.
Proof of Space Time
Spacemesh operates on a Proof of Space Time (PoST) protocol, where nodes generate proofs by storing a certain amount of information on their hard drives over a specified time. This approach underlines Spacemesh's commitment to energy efficiency and lowered barrier to entry for network participants.
Network Architecture
The Spacemesh network operates on a blockmesh architecture, where nodes are selected to create blocks simultaneously at regular intervals, called layers. These blocks are then combined into a larger block before the formation of the next layer. This approach enables more frequent rewards and helps to maintain decentralization.
Key Features
- User-Friendly: Spacemesh is designed for anyone to participate, requiring only minimal resources such as unused hard drive space.
- Financially Fair: The PoST mechanism ensures fairness and inclusivity for all network participants.
- Environmentally Sound: Compared to traditional PoW-based systems, Spacemesh significantly reduces energy emissions.
- Permissionless: The network is open, allowing anyone to run a node and contribute to the network's security.
Development and Community
Spacemesh is led by a team of academics and engineers committed to their vision of building a fair, decentralized, fast, and secure peer-to-peer blockmesh infrastructure. The project is open source, with ongoing research and development, and a community of contributors from around the world.
Resources
- Website: spacemesh.io
- Documentation: platform.spacemesh.io/docs/protocol/overview/
- Blog: spacemesh.io/blog
- Discord: spacemesh.io/join-discord
| Price | |
| 52W High price | $6.58 |
| 52W High date | 7th Mar 2024 (6 months ago) |
| All Time High (ATH) Date | 5th Mar 2024 (6 months ago) |
| ATH Price | $6.75 |
| % From ATH | -85.95% |
| All Time Low (ATL) Date | 23rd Jan 2024 (7 months ago) |
| ATL Price | $0.87 |
| % From ATL | 9.46% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $2.20M |
| Total Supply | 51.08M |
| Max Supply | 2.40B |
| Circulating Supply | 51.08M |
$SMH
How does Spacemesh's ($SMH) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-32.1%
$SMH
-15.3%
Similar Market Cap
60 Day Return
-52.0%
$SMH
403.6%
Similar Market Cap
We're monitoring 117 Spacemesh GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Spacemesh Repos)
Commits vs. The Market
- Past 4 weeks: 64 commits vs. an average of 2
- Past 12 weeks: 234 commits vs. an average of 8
- Past year: 1,218 commits vs. an average of 114
Most Active Repos
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Top Developers 2024
In total, 42 developers have contributed to Spacemesh over the past year. Who are the most active Spacemesh developers, by commits, over the past year?
Related Projects
Developers working on Spacemesh also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
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| Telegram Users | |
| Twitter followers | 39,600 |
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platform.spacemesh.io/docs/protocol/mining/post Official
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spacemesh.io/blog/spacemesh-decentralization/ Official
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spacemesh.io/blog/reducing-network-load/ Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://spacemesh.io |
|---|---|
| Explorer | https://explorer.spacemesh.io/overview |
| @teamspacemesh | |
| Forum | https://www.linkedin.com/company/spacemesh/ |
Has Spacemesh been audited for security?
No security audits found for this project.
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