Isiklar Coin (ISIKC)
Rank #578
Market snapshot
- Price
- $0.228868
- Market cap
- $22.9M
- 24h volume
- $419,818.59
- Circulating supply
- 100,000,000
- Total supply
- 100,000,000
- Max supply
- 100,000,000
What is Isiklar Coin?
Isiklar Coin is a digital currency that utilizes blockchain technology to enhance transaction efficiency. By operating on the Ethereum network, it benefits from a decentralized infrastructure that allows for secure and transparent transactions. The platform aims to eliminate the need for trust between transacting parties by ensuring that all agreements are recorded on the blockchain, which is accessible to all participants in the network.
How Isiklar Coin works
Isiklar Coin operates on a peer-to-peer network where transactions are validated by independent nodes. This decentralized approach removes the necessity for a middleman, as the network itself confirms the validity of each transaction. The agreements and code associated with Isiklar Coin are stored across a distributed blockchain, enhancing the system's resistance to failures. This distribution means that the failure of one node does not compromise the overall network, making it more resilient.
Key information
- Symbol
- ISIKC
- CMC rank
- #578
- Network / platforms
Ethereum
- Categories
- N/A
- Date added
- Apr 16, 2020
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x4339befb55cfa65344ef6f4bb7f05fae3458670a
Key characteristics
Isiklar Coin is designed as an open-source cryptocurrency, allowing anyone to participate in its ecosystem. It operates on the Ethereum blockchain. The system's architecture supports resistance to failures by distributing data across multiple nodes, thus enhancing its reliability. This structure aims to create a transparent mechanism for merchants, fostering a trustless environment for transactions.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Isiklar Coin?
- Isiklar Coin (ISIKC) is a cryptocurrency that operates on the Ethereum network, aimed at facilitating transactions through blockchain technology.
- How does Isiklar Coin work?
- Isiklar Coin operates on a peer-to-peer network where transactions are validated by independent nodes, eliminating the need for intermediaries.
- What are the technical characteristics of Isiklar Coin?
- Isiklar Coin is an open-source cryptocurrency that operates on the Ethereum blockchain, ensuring decentralized transaction recording and enhanced reliability.
- What are the risks associated with transferring Isiklar Coin?
- Digital asset prices can be volatile, and users should verify contract addresses and custody methods to mitigate risks.
- How can I verify Isiklar Coin before transferring?
- Verify the asset name, network, and contract details before transferring Isiklar Coin to ensure security.
- Where can I find official resources for Isiklar Coin?
- Official resources for Isiklar Coin can be found on their website at https://www.isikc.io.
Related cryptocurrencies
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