"What Is LOCUS CHAIN (LOCUS)? Locus Chain aims to be the most widely used Next Generation Layer 1 Public Blockchain Protocol, which achieves both full decentralization and scalability simultaneously. As a decentralized scalable layer 1 chain based on patented technologies, Locus Chain aims to support various Defi, GameFi, Metaverse, Smart City, CBDC(Central Bank Digital Currency) projects by being the most reliable, secure, low cost and high performance layer 1 public blockchain platform. Locus Chain claims to be the first decentralized Layer 1 public blockchain to ever solve the blockchain trilemma of Decentralization. Scalability and Security. LOCUS token? The current Locus token type before the mainnet is an Ethereum-based ERC20 token with smart contract issued by Locus Chain Foundation. However, given that the tokens on the public Ethereum network cannot be used on the Locus Chain directly, we will be making use of hashed time-locked contracts to allow 1-to-1 atomic swaps of Locus tokens from Ethereum to the Locus Chain mainnet. LOCUS will be the main cryptocurrency required for all the operations of the Locus Chain network and all of its applications. LOCUS is a payment method for the entire network economy. Tokens are used by validators (who can easily participate), developers, and users to participate in the LOCUS network and receive rewards. It is also used to for fees and to participate in future governance. LOCUS Ecosystem Top developers and high profile business partners are participating in the development of Locus Chain one after another. High-performance Layer 1 blockchain can create various business opportunities in sectors including decentralized finance, real estate transaction platforms, and game money, etc as well as creating various other tokens. In addition, Locus Chain allows the users to use the blockchain verification service through a simple linkage without building a separate blockchain. Since it is a high-performance public blockchain platform, technology licensing will be carried out in the future in the areas of CBDC and IOT, including smart cities, smart factories, and smart grids based on vast amounts of data. Special technology of LOCUS *DAG(Directed Acyclic Graph) - AWTC(Account-Wise Transaction Chain) The AWTC, Account-Wise-Transaction-Chain, is a central data structure for Locus Chain's high capacity, distributed transaction processing. AWTC is a Directed-Acyclic-Graph (DAG) based data structure composed of multiple transaction chains, each for an account. Each account has its dedicated chain. A new transaction issued by an account is primarily added to the account's chain. Block grid structures, including DAG-AWTC, do not cause conflicts because there are as many points as the number of accounts to which the transaction is added, and only the owning account can record it exclusively. Also, the account that added the transaction becomes clear, so if the account holder himself is not a malicious user, the transaction is almost confirmed as soon as it is added. The ledger structure of the Locus Chain is one of the main technical features to fundamentally solve the problem of delayed transaction processing that the existing blockchains had. POS - BFT Consensus Algorithm Given the time required for the data to propagate sufficiently to the network, the Locus Chain first implemented a BFT definitive consensus on the DAG by attempting to consent on a small amount of historical points of time. It also selects a new proposer committee that participates in the consensus algorithm every round by a random verifiable function (VRF) based on stochastic PoS (proof of stake: the more shares, the higher the probability of being elected as a committee). Since these methods cannot identify or predict the nodes (proposer, validator) to participate in the consensus, manipulation by malicious attacks is difficult, ensuring fairness and network stability of the consensus results. *Verifiable Pruning Unlike traditional pruning, which reduces the size of a ledger by simply deleting old data to address growing ledger sizes, Locus Chain's Verifiable Pruninng uses a Skewed Merkle Tree structure to validate the legitimacy of the data even when most of the previous data is deleted in the local environment. Verifiable pruning deletes outdated data on the ledger while still being able to provide full data verification by verifying previous data with hash values. *Dynamic Sharding Locus Chain has a ledger structure formed of each account (AWTC), making it easy to adjust the number and size of the shard, and the validator ratio by relocating the shard in the event of an imbalance between shards. With dynamic sharding, the network usage that a node has to cover is reduced to 2/N when the number of shards is N. The total network TPS for network usage on the same node will increase by that amount, plus the additional ledger state sharding, which will also divide the storage usage by the number of shards. LOCUS’S creators The key development members of the Locus Chain were developers of the Blueside Engine, Korea's first commercial game engine. The core of Locus Chain technology is to effectively process and synchronize large amounts of network traffic. The developers of Blueside Engine have acquired 18 software development related intellectual property rights, which are the product of the technology accumulated through console/online games and software development over the past 20 years, and hold 2 other software patents."
Daily trade volume is 1,684,914 SEK.
The Locus Chain price today in SEK is 0.200154. Through the Locus Chain price history, the price ranges from 7.09 SEK (all time high) to 0.00028385 SEK (all time low). Locus Chain price last 24 hours fluctuated from 0.206493 SEK (24h high) to 0.197743 SEK (24h low).
Check the Locus Chain value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.locuschain.com/
Block explorers: https://etherscan.io/token/0xc64500dd7b0f1794807e67802f8abbf5f8ffb054 https://ethplorer.io/address/0xc64500dd7b0f1794807e67802f8abbf5f8ffb054
Forums:
Twitter: https://twitter.com/LocusChain/
Facebook: https://facebook.com/locuschainfoundation/
Locus Chain live price may differ in various exchanges. Check LOCUS real-time data to make informed decisions.
You can buy Locus Chain on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell LOCUS at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Locus Chain trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Locus Chain and trade with REVENUEBOT in less than a second.
In short, only if the current value of Locus Chain will be less than the value of Locus Chain at the moment of selling in the future. The Locus Chain chart can only assist the Locus Chain value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Locus Chain value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the LOCUS supply. Check the Locus Chain live chart to see the current supply and predict how long it will take for the coins to run out.
The demand for cryptocurrency is growing every day. Consequently, many newbies have a question: how to exchange digital assets. This is where crypto exchangers come to the rescue. In this article we w...
This technology represents one of the most revolutionary and disruptive developments seen over the past few years. Blockchain has gained a broad appeal because of its ability to provide secure, decent...
There are several compelling reasons for burning tokens, both technical and economic. This can easily help raise the asset. The logic is simple: the more coins there are in circulation, the lower thei...
For many of us, economics, as if an intangible thread weaving together all areas of our lives, remains obscure. That’s why in this article we will delve into the realm of economic workings and try to ...
As we delve into the history of the internet in this article, we will look at its inception, key moments of development and important milestones that led to what we have today.
Check the current Locus Chain value, check the converter, and set up your REVENUEBOT in the demo mode, it is all free!
