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About Massnet

MASS Net (MASS) is a public chain that allows anyone to participate in the network with an aim to make use of the MASS consensus engine. The MASS consensus engine allows the distributed systems to stay secure and work together. The platform claims that MASS consensus engine aims to create a consensus layer that is secure, fair, permissionless, universal, and energy-efficient ensuring the fundamental security of the public chain.

In a blockchain, the initial layer i.e. Layer 0 is the consensus layer followed by the data structure layer, the contract layer, and the application layer. The base of the blockchain is Layer 1 which ensures security and decentralization, and Layer 2 is about scalability and performance. Without a well-built Layer 0, Layers 1 and 2 are useless. Hence, without consensus, all blockchain-based actions (such as transactions) would be baseless, as would blockchain-based contracts and applications.

As a solution, MASS Net aims to create and implement a Proof-of-Capacity consensus algorithm and use the technology as the foundation for the MASS Layer 0 consensus engine. MASS aims to be the solution of Layer 0. Proof-of-Capacity (PoC) is a consensus mechanism that provides proof of storage space. In a PoC consensus algorithm, along with a block submission by the node to the network, a valid proof of capacity is also required.

MASS token is the value anchor for the MASS consensus engine and a store of value in the MASS Net.

MASS was created by the MASS community in 2017. The MASS community is a non-profit organization with a mission to promote blockchain technology among the wider audience to improve people’s lives leading to a fairer society. The MASS community aims to work for the popularization of blockchain technology.

Market

Singapore Market Stats

Market cap

S$477,810.06

Volume (24h)

S$63,696.39

Circulating supply

98.0M MASS

All time high

S$2.57

Price change (1h)

+0.06%

Price change (24h)

+2.34%

Price change (7d)

-18.83%

Singapore News about Massnet

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Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.

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The Defiant • May 02, 24

Saylor Unveils Decentralized Identities on Bitcoin

The identity product will be called Microstrategy Orange and leverage Ordinals

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BeInCrypto • May 02, 24

Benefits Remote Work Brings to Web3, Crypto Companies

Web3 and remote work synergy drives innovation in the crypto sector by leveraging global talent and fostering deeper employee engagement, though not without facing significant challenges like steep learning curves and data security issues.The post Benefits Remote Work Brings to Web3, Crypto Compa...

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BeInCrypto • May 02, 24

MoonPay Integrates PayPal For Easy Crypto Buys

MoonPay now allows US users to purchase cryptocurrencies through PayPal, combining seamless transaction methods with enhanced security, broadening access to over 100 cryptocurrencies.The post MoonPay Integrates PayPal For Easy Crypto Buys appeared first on BeInCrypto.

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DL News • May 02, 24

‘Stars are aligning’ for renewed Bitcoin gains, says hedge fund

Between a relatively dovish Federal Reserve, recovering yen, and dropping oil and commodity prices, Bitcoin is ready to push higher.

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BeInCrypto • May 02, 24

Solana Launches Gaming API on Google Cloud

Solana Labs teams with Google Cloud, launching the GameShift API to simplify blockchain gaming development, aiming for mainstream adoption with easier tech integration.The post Solana Launches Gaming API on Google Cloud appeared first on BeInCrypto.

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Massnet is on the decline this week.

The price of Massnet has increased by 0.06% in the last hour and increased by 2.34% in the past 24 hours. Massnet’s price has also fallen by 18.83% in the past week. The current price is S$0.0049 per MASS with a 24-hour trading volume of S$63.70K. Currently, Massnet is valued at 99.81% below its all time high of S$2.57. This all-time high was the highest price paid for Massnet since its launch.

The current circulating supply of Massnet is 98,026,147.052 MASS which means that Massnet has as total market cap of 98,026,147.052.

FAQ

What is the current price of Massnet?

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

What is the market cap of Massnet?

The current market cap of Massnet is S$477.81K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Massnet?

The all-time high of Massnet is S$2.57. This all-time high is highest price paid for Massnet since it was launched.

What is the 24 hour trading volume of Massnet?

Over the last 24 hours, the trading volume of Massnet is S$63.70K.

How many Massnet are there?

The current circulating supply of Massnet is 98 million.

Can I buy Massnet on Coinbase?

No, Massnet is not currently available on Coinbase, but you can sign up to get the latest news on Massnet and be notified when it gets added to our exchange.