Powerledger
Current price
$0.0529
−7.03%24h
LiveUpdated 35s ago
TodayPowerledger drops 7.0%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.19%
- 24 hours−7.03%
- 7 days−16.30%
- 30 days−17.96%
- 1 year−56.43%
Powerledger's move in context
Lagging the market today
−7.03% today against −3.26% for the market as a whole, a gap of 3.8 points. A gap this wide suggests something specific to Powerledger may be moving it, not just the market mood.
Part of a slide
−16.3% over 7 days and −18.0% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Powerledger
Overview
Powerledger is a pioneering cryptocurrency focused on the democratization and decentralization of energy markets. Its core mission is to create a more sustainable and efficient energy system by leveraging blockchain technology. By enabling peer-to-peer energy trading, Powerledger allows consumers with excess renewable energy to sell it directly to their neighbors. This not only encourages the use of renewable resources but also empowers individuals to control their energy consumption and associated costs. The distinguishing features of Powerledger include its innovative energy trading platform and the use of blockchain to ensure transparency, security, and efficiency in energy transactions.
Technical Features
Powerledger employs a unique blockchain architecture designed to facilitate energy trading and management effectively. It uses a dual blockchain system that combines the Powerledger blockchain for energy trading transactions and the Ethereum blockchain for smart contracts. This ensures a robust security model and reliable transaction processing. The consensus mechanism employed is a form of proof-of-stake, allowing users to validate transactions while maintaining the overall integrity of the network. Additionally, Powerledger integrates various algorithms for managing energy usage data, asset tokenization, and ensuring the transparency of trades conducted on its platform.
Use Cases
The primary use cases for Powerledger revolve around decentralized energy trading platforms. By allowing households and businesses to buy and sell excess solar energy, it facilitates a decentralized energy economy that supports sustainability. Other applications include the management of carbon credits, which can be traded on its platform, contributing to environmental initiatives. Moreover, Powerledger enables smart contracts, which automate transactions based on predefined criteria, and thus can be employed in various aspects of renewable energy projects, including energy efficiency and resource optimization.
Development Background
Powerledger was founded in 2016 by Dr. Jemma Green, who is a key figure in the development of the platform, along with a team of innovators and technologists. Their mission has evolved through a series of pilot projects and collaborations with energy providers, governments, and research institutions. Notable events in Powerledger’s history include its successful token generation event (TGE) in 2017, which raised significant capital for development. Since its inception, the platform has continually expanded its capabilities and partnerships, further solidifying its position in the energy blockchain landscape.
Community and Ecosystem
The Powerledger ecosystem is supported by a vibrant community of developers, environmentalists, and energy consumers. It has formed strategic partnerships with multiple organizations, including utilities and governmental entities, which enhances its credibility and applicability in various markets. The development support is reinforced through an active forum where users can discuss improvements, share insights, and collaborate on projects. Several applications and projects have been built around the Powerledger platform, fostering innovation in renewable energy solutions and community-driven energy initiatives.
Future Potential
Looking forward, Powerledger holds significant potential for impacting energy markets worldwide. Its technology is positioned to be a game-changer in the drive for cleaner energy solutions and improved energy efficiency. With ongoing enhancements to its platform and an expanding roadmap that includes features like enhanced scalability and integration with IoT devices, Powerledger is set to revolutionize how energy is produced, consumed, and traded. As more users and organizations adopt its technology, Powerledger's influence in promoting sustainable energy practices will likely increase, positioning it as a leader in the transition to decentralized energy systems.
Powerledger market
- Position by market cap among the coins we track.
- #223
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $52.9M
- 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 $0.0524High $0.0571
- 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.
- $1.89
- Now 3% of itReached 7 Jan 2018 · Needs +3,473% 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.
- 1B POWR
- 100% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 1B POWR
- The most coins that can ever exist. Some coins have no limit.
Powerledger converter
1 Powerledger = $0.0529
