Sphynx Network

1. Summary

Ranks

Liquidity

-

Developer

-

Social

76

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000003078 0.0%

Market Cap

$0.00 (#12188)

Supply

/

Tags

NFT Augmented Reality

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Price
52W High price	$0.000000774600
52W High date	21st Aug 2021 (3 years ago)
All Time High (ATH) Date	16th Feb 2025 (3 months ago)
All Time Low (ATL) Date	16th Feb 2025 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$1.00

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Description

Overview

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Overview

The Sphynx Network is a decentralized platform that facilitates fast and secure transactions. This project aims to provide a robust infrastructure for cryptocurrencies and other digital assets, leveraging advanced cryptography and a scalable network design.

Key Features

• Decentralized Architecture: The Sphynx Network operates on a decentralized model, ensuring that transactions are processed through a distributed network of nodes, rather than relying on a central authority.
• Advanced Cryptography: The network incorporates cutting-edge cryptographic techniques to secure transactions and protect user data.
• Scalability: The architecture is designed to support high volumes of transactions, ensuring that the network can handle a large number of users and transactions simultaneously.
• Fast Transaction Processing: The Sphynx Network prioritizes speed, with a focus on rapid transaction processing times, making it suitable for fast-paced financial transactions.

Goals and Objectives

• Security: The primary goal is to create a secure environment for transactions, protecting user data and preventing fraudulent activities.
• Scalability: The network aims to handle increasing volumes of transactions while maintaining efficiency and speed.
• Adoption: The project seeks to increase adoption and usage of cryptocurrencies and digital assets by providing a reliable and user-friendly infrastructure.

Technical Details

• Consensus Algorithm: The Sphynx Network employs a custom consensus algorithm that balances security and scalability.
• Node Network: A decentralized network of nodes verifies and processes transactions, ensuring the integrity of the network.
• Cryptography: Advanced cryptographic techniques are used to secure transactions and protect user data.
• Smart Contract Integration: The network supports seamless integration with smart contracts, enabling a wide range of decentralized applications.

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