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About Coinweb

Coinweb is a platform based on cross-chain computation intended to provide practical interoperability for real-world applications. The project has already started collaborating with traditional businesses with large customer bases as part of this goal. Further, the Coinweb platform solves fundamental problems with the current blockchain technology. This solution is achieved via the platform's unique architecture that merges the solution space with the underlying blockchains, providing an innovative way to solve existing bottlenecks. 

According to its whitepaper, the platform's unique approach is developed on the InChain architecture. This architecture allows Coinweb to enable its Dapps which allows the platform to deliver radical new solutions to fundamental issues. Further, this InChain architecture maximizes blockchain interoperability while minimizing tradeoffs on the platform, thus allowing Coinweb to combine and extend blockchains' functionality to provide developers with the capability to improve and expand existing DApp concepts. These changes, in turn, open up new possibilities for more significant innovation. 

Besides these facilities, the causal consistency model of Coinweb protects the protocol against instabilities in connected chains while maintaining complete application usability. Coinweb runs every transaction and computation parallel, regardless of whether the same event triggers the smart contracts. Thus, a single smart contract does not become a bottleneck when used by most of the network simultaneously. This mechanism allows the platform to enable decentralized apps to work continuously on top of a Pareto-optimal combination of chains. This Pareto-optimal combination signifies if one chain becomes less useful or another chain becomes more useful, a Dapps can efficiently move functionality to the more appropriate chain. Further to support these developments of Dapps on the platform and facilitate operation, Coinweb introduced its cryptocurrency, the CWEB token.

The CWEB is the multi-utility token of the platform that provides users access to the platform and is mainly used to fuel the platform. Besides these usages the token also serves as a medium of operations on the platform and is used for development, marketing, and facilitating user participation on the platform. 

Toby Gilbert is the founder and CEO of the Coinweb platform. In 2018, he invested in and led the Blockfort and OnRamp teams and co-founded and led the Coinweb project. The token of the platform has a total supply of 7,680,000,000 CWEB tokens.

Market

Canada Market Stats

Market cap

CA$22.2M

Volume (24h)

CA$141,731.09

Circulating supply

1.7B CWEB

All time high

CA$0.24

Price change (1h)

-0.04%

Price change (24h)

-0.28%

Price change (7d)

-13.88%

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Coinweb is on the decline this week.

The price of Coinweb has decreased by 0.04% in the last hour and decreased by 0.28% in the past 24 hours. Coinweb’s price has also fallen by 13.88% in the past week. The current price is CA$0.0131 per CWEB with a 24-hour trading volume of CA$141.73K. Currently, Coinweb is valued at 94.66% below its all time high of CA$0.24. This all-time high was the highest price paid for Coinweb since its launch.

The current circulating supply of Coinweb is 1,694,951,452 CWEB which means that Coinweb has as total market cap of 1,694,951,452.

FAQ

What is the current price of Coinweb?

We update our Coinweb to CAD currency in real-time. Get the live price of Coinweb on Coinbase.

What is the market cap of Coinweb?

The current market cap of Coinweb is CA$22.16M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Coinweb?

The all-time high of Coinweb is CA$0.24. This all-time high is highest price paid for Coinweb since it was launched.

What is the 24 hour trading volume of Coinweb?

Over the last 24 hours, the trading volume of Coinweb is CA$141.73K.

How many Coinweb are there?

The current circulating supply of Coinweb is 1.7 billion.

Can I buy Coinweb on Coinbase?

Yes, Coinweb is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Coinweb guide.