Convert Locus Chain LOCUS to Qatari Riyal QAR

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About Locus Chain

Locus Chain is falling this week. The current price of Locus Chain is QAR 0.02821 per LOCUS. With a circulating supply of 4,442,932,928.392 LOCUS, it means that Locus Chain has a total market cap of QAR 125,314,985.10. The amount of Locus Chain traded has fallen by -QAR 69,396.53 in the last 24 hours, which is a 15.27% decrease. Additionally, in the last day, QAR 454,531.93 worth of LOCUS has been traded.

The exchange rate of Locus Chain is decreasing. The current value of 1 LOCUS is QAR 0.02821 QAR. In other words, to buy 5 Locus Chain, it would cost you QAR 0.14105 QAR. Inversely, QAR 1.00 QAR would allow you to trade for 35.45 LOCUS while QAR 50.00 QAR would convert to 1,772.37 LOCUS, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 0.89%. Meanwhile, in the last 24 hours, the rate has changed by 2.05%, which means that the highest exchange rate of 1 LOCUS to QAR was QAR 0.02926 QAR and the lowest 24 hour value was 1 LOCUS for QAR 0.02586 QAR. Last month, 1 LOCUS was worth QAR 0.02925 QAR. Today, it's down 5.06%. Looking back a year, Locus Chain has changed by QAR 0.07068 QAR. That means that in a single year, the value of Locus Chain has shrank by 60.73%.

Locus Chain Market Stats

"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."

QAR 0.02821Price
QAR 125.31MMarket cap
QAR 454.53KVolume (24h)
4.4B LOCUSCir. Supply

Conversion tables

LOCUS to QAR values from Today at 4:03 am

0.5 LOCUS = QAR 0.01411 QAR
1 LOCUS = QAR 0.02821 QAR
5 LOCUS = QAR 0.1411 QAR
10 LOCUS = QAR 0.2821 QAR
50 LOCUS = QAR 1.41 QAR
100 LOCUS = QAR 2.82 QAR
500 LOCUS = QAR 14.11 QAR
1,000 LOCUS = QAR 28.21 QAR

QAR to LOCUS values from Today at

QAR 0.50 QAR = 17.72 LOCUS
QAR 1.00 QAR = 35.45 LOCUS
QAR 5.00 QAR = 177.24 LOCUS
QAR 10.00 QAR = 354.47 LOCUS
QAR 50.00 QAR = 1,772.37 LOCUS
QAR 100.00 QAR = 3,544.74 LOCUS
QAR 500.00 QAR = 17,723.70 LOCUS
QAR 1,000.00 QAR = 35,447.40 LOCUS

LOCUS to QAR over time

LOCUS
Today
24H
-0.42%
1M
-3.69%
1Y
-150.55%
0.5 LOCUS
QAR 0.01411 QAR
QAR 0.01416 QAR
QAR 0.01463 QAR
QAR 0.03534 QAR
1 LOCUS
QAR 0.02821 QAR
QAR 0.02833 QAR
QAR 0.02925 QAR
QAR 0.07068 QAR
5 LOCUS
QAR 0.1411 QAR
QAR 0.1416 QAR
QAR 0.1463 QAR
QAR 0.3534 QAR
10 LOCUS
QAR 0.2821 QAR
QAR 0.2833 QAR
QAR 0.2925 QAR
QAR 0.7068 QAR
50 LOCUS
QAR 1.41 QAR
QAR 1.42 QAR
QAR 1.46 QAR
QAR 3.53 QAR
100 LOCUS
QAR 2.82 QAR
QAR 2.83 QAR
QAR 2.93 QAR
QAR 7.07 QAR
500 LOCUS
QAR 14.11 QAR
QAR 14.16 QAR
QAR 14.63 QAR
QAR 35.34 QAR
1,000 LOCUS
QAR 28.21 QAR
QAR 28.33 QAR
QAR 29.25 QAR
QAR 70.68 QAR

Frequently asked questions

Right now, 1 Locus Chain is worth about QAR 0.02821.

Based on the current rate, you could get 35.45 LOCUS for 1 QAR.

Locus Chain price has been declining. Since yesterday, the exchange rate of Locus Chain has decreased. Since last month, the exchange rate of Locus Chain has decreased. Since this time last year, the price of Locus Chain has decreased.

You can use our LOCUS to QAR calculator at the top of this page to convert any amount of LOCUS to QAR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 QAR is equivalent to 177.24 LOCUS. Inversely, 5 LOCUS will cost about QAR 0.1411

Locus Chain can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Locus Chain.

There are a number of crypto assets that have the a similar or comparable market cap to Locus Chain, including Alaya Governance Token, PepsiCo tokenized stock (xStock), and Mango. For a more robust list of assets to explore, jump to the asset page dedicated to Locus Chain.

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