Stronghold SHx (SHX)
Rank #301
Market snapshot
- Price
- $0.00332016
- Market cap
- $58.4M
- 24h volume
- $625,418.70
- Circulating supply
- 17,598,675,993.3467
- Total supply
- 99,756,866,344
- Max supply
- 99,756,866,344
What is Stronghold SHx?
Stronghold SHx (SHX) is a cryptocurrency that operates on the Stellar network, recognized for its climate-friendly attributes. It is part of Stronghold’s payments ecosystem, which utilizes the SHx token to enable various financial transactions. The token is built to support real-world purposes, enhancing the utility of the Stronghold platform.
How Stronghold SHx works
Stronghold SHx is built on the Stellar blockchain, leveraging its energy-efficient infrastructure. The token utilizes the Stellar Consensus Protocol (SCP), which employs a low-energy consensus mechanism known as Proof-of-Agreement (PoA). This design allows SHx to save energy with each transaction while maintaining operational efficiency. The platform is supported by developer-centric tooling and features that facilitate its use in various applications.
Key information
- Symbol
- SHX
- CMC rank
- #301
- Network / platforms
Ethereum, Stellar
- Categories
- N/A
- Date added
- Jan 3, 2019
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x516d31321928700C6B4fB0DB0c8c6BC5d6799787Stellar
SHX-GDSTRSHXHGJ7ZIVRBXEYE5Q74XUVCUSEKEBR7UCHEUUEK72N7I7KJ6JH
Key characteristics
Stronghold SHx is categorized under both the Ethereum and Stellar ecosystems. It is designed to be climate-friendly, built on one of the most energy-efficient blockchain networks. The token's architecture is supported by developer tools that enhance its functionality and integration into various financial services.
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 Stronghold SHx (SHX)?
- Stronghold SHx (SHX) is a cryptocurrency that operates within both the Ethereum and Stellar ecosystems, designed to facilitate transactions within Stronghold's payments ecosystem.
- How does Stronghold SHx work?
- Stronghold SHx is built on the Stellar blockchain, utilizing the Stellar Consensus Protocol (SCP) to achieve energy-efficient transactions through Proof-of-Agreement.
- What are the technical characteristics of Stronghold SHx?
- Stronghold SHx is categorized under both Ethereum and Stellar ecosystems and is designed to be climate-friendly, supporting real-world applications.
- What are the risks associated with transferring Stronghold SHx?
- Digital asset prices can be volatile, and users should verify contract addresses and custody methods before transferring SHx.
- How can I verify the acquisition of Stronghold SHx?
- Verify the asset name, network, and contract details before transferring Stronghold SHx to ensure safe acquisition.
- Where can I find official resources for Stronghold SHx?
- Official resources for Stronghold SHx can be found on their website and GitHub repository.
