Mask Network
Current price
$0.4140
−8.41%24h
LiveUpdated 36s ago
TodayMask Network drops 8.4%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.24%
- 24 hours−8.41%
- 7 days−10.58%
- 30 days−5.55%
- 1 year−54.40%
Mask Network's move in context
Lagging the market today
−8.41% today against −3.26% for the market as a whole, a gap of 5.1 points. A gap this wide suggests something specific to Mask Network may be moving it, not just the market mood.
Part of a slide
−10.6% over 7 days and −5.6% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Mask Network
Overview
Mask Network is a pioneering cryptocurrency that enables users to communicate and transact securely while simultaneously enjoying privacy on social media platforms. Its core mission is to create a decentralized layer that enhances user privacy on existing internet platforms by allowing users to send cryptocurrencies, share encrypted messages, and interact with decentralized applications (dApps) without sacrificing their personal data. Distinguishing features of Mask Network include its ability to facilitate seamless interactions between traditional web applications and blockchain technology, empowering users to reclaim control over their data and financial transactions.
Technical Features
The technical architecture of Mask Network is built upon a robust and secure model that incorporates a unique consensus mechanism focused on user control and decentralization. It employs a delegated proof-of-stake (DPoS) consensus algorithm, ensuring efficient transaction validation and network security. Mask Network is designed to operate on the Ethereum blockchain, allowing it to benefit from Ethereum's established security while also integrating various cross-chain functionalities. Moreover, Mask Network utilizes state-of-the-art cryptographic techniques for enhancing privacy and data protection, enabling secure interactions between users while minimizing the risk of data breaches or surveillance.
Use Cases
Mask Network presents diverse use cases, primarily focusing on enhancing the capabilities of decentralized finance (DeFi) and elevating user privacy in online interactions. Users can utilize Mask Network to send and receive cryptocurrencies directly through popular social media platforms, eliminating the need for intermediary wallets. Additionally, Mask Network enables peer-to-peer encrypted messaging, providing a secure means of communication within its ecosystem. The platform also supports non-fungible tokens (NFTs) and smart contracts, allowing for creative applications such as digital art transactions and automated agreements, further bolstering its utility in the modern digital economy.
Development Background
Mask Network was conceptualized in 2020, emerging as a response to growing concerns about digital privacy and the increasing centralization of social media platforms. The project was initiated by a group of enthusiastic developers and cryptocurrency advocates aiming to bridge the gap between web users and blockchain technology. Notable contributions have come from various decentralized finance enthusiasts and blockchain developers around the globe, fostering a collaborative environment. Since its inception, Mask Network has achieved significant milestones, such as launching its native token and forming strategic partnerships with key players in the crypto space.
Community and Ecosystem
The community surrounding Mask Network is vibrant and actively engaged in the development of its ecosystem. Several initiatives support its growth, including developer grants and educational programs aimed at increasing awareness and understanding of blockchain technology. The project has forged partnerships with other blockchain platforms and projects, further enhancing the utility and reach of its applications. Various dApps have been developed within the Mask Network ecosystem, showcasing diverse functionalities such as DeFi tools, NFT marketplaces, and secure messaging tools, all contributing to a rich and innovative community.
Future Potential
The future potential of Mask Network is promising due to its unique approach to privacy and decentralized finance. With growing concerns over user data privacy, Mask Network is well-positioned to capitalize on the demand for more secure online interactions. Upcoming developments noted on its roadmap include enhanced cross-chain capabilities, improved user interfaces, and expanded partnerships with existing social media and DeFi platforms. As the ecosystem continues to evolve and gain traction, Mask Network could significantly impact how social media users interact with cryptocurrency and blockchain technology, paving the way for a more private and secure digital experience.
Mask Network market
- Position by market cap among the coins we track.
- #252
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $41.4M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.4100High $0.4540
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $41.45
- Now 1% of itReached 24 Feb 2021 · Needs +9,912% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 100M MASK
- 100% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 100M MASK
- The most coins that can ever exist. Some coins have no limit.
Mask Network converter
1 Mask Network = $0.4140
