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About Alitas

Alitas is an infrastructure of value networks of the new generation, which is aimed to develop new trusted network protocols. The primary aim of Alitas is to provide convenient, efficient, secure, and stable deployment environments to users across the world. The architecture of Alitas builds up blocks to gain complete decentralization and achieve transaction per second (TPS) up to over 30,000 per second.

According to the whitepaper, Alitas aims to possess a tolerance algorithm, whereby consensus is removed to solve data consistency. The Alitas structure seeks to help the network nodes to obtain legal transaction references and achieve complete decentralization. Network nodes refer to the point that creates, receives, and transmits messages. Every participant in the network can trade and participate actively in consensus.

Alita's business community consists of an offline network, which aims to provide cross-chain protocols through Layer 2 or sidechains. Layer 2 is the second layer of a data link layer called Open Systems Interconnection (OSI), whereby data packets are encoded and decoded into actual bits.

Another feature of Alitas is the Star Drop Effect, whereby the nodes seek to obtain transaction legitimacy. Such a feature aims to help to achieve high security of transaction privacy. Importantly, Alitas seeks to be wholly integrated with cloud computing, big data, artificial intelligence, 5G, and other technologies due to the platform’s open ecology. Alitas also aims to connect to other blockchain networks seamlessly.

The throughput of Alitas is high, as the on-chain transaction of TPS can reach 20,000. Moreover, the fault tolerance of Alitas reaches up to 99.99%, which aims to reflect the high-security system of the platform. The scalability of the system can be adjusted through a scalable second-tier network.

ALT is the ticker symbol of Alitas token that follows BEP-20 standards. BEP-20 is a Binance Smart Chain token standard that extends ERC-20, the most prevalent Ethereum token standard.

The whitepaper of Alitas was published on November 11, 2021. The tolerance algorithm of the platform was launched in the second quarter of 2021. The platform’s star drop effect was launched in the fourth quarter of 2021.

Alitas token has a maximum total supply of 1,000,000,000 ALT.

Market

Market stats

Market cap

$45.2M

Volume (24h)

$8,211.89

Circulating supply

120.0M ALT

All time high

$34.27

Price change (1h)

+0.43%

Price change (24h)

-6.64%

Price change (7d)

-13.1%

News about Alitas

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Arkham Intel finds wallets associated with Wisdomtree’s Physical Bitcoin ETP WBIT

WBIT holds 8,900 BTC, worth around $579 million, across 134 wallets, Arkham Intel finds.

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The Defiant • Apr 26, 24

Bitcoin Layer 2 Stacks Prepares for Nakamoto Upgrade, its Largest Hard-Fork Ever

The network is “transforming into a true Layer-2” said Rena Shah of Trust Machines.

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What was behind the run on Renzo’s liquid restaked ETH?

Renzo benefitted from the hyped up restaking narrative and points bonanza

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BeInCrypto • Apr 26, 24

Learn-to-Earn and Its Impact on Crypto Literacy and User Acquisition

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Alitas is on the decline this week.

The price of Alitas has increased by 0.43% in the last hour and decreased by 6.64% in the past 24 hours. Alitas’s price has also fallen by 13.10% in the past week. The current price is $0.38 per ALT with a 24-hour trading volume of $8.21K. Currently, Alitas is valued at 98.90% below its all time high of $34.27. This all-time high was the highest price paid for Alitas since its launch.

The current circulating supply of Alitas is 120,000,000 ALT which means that Alitas has as total market cap of 120,000,000.

FAQ

What is the current price of Alitas?

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

What is the market cap of Alitas?

The current market cap of Alitas is $45.22M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Alitas?

The all-time high of Alitas is $34.27. This all-time high is highest price paid for Alitas since it was launched.

What is the 24 hour trading volume of Alitas?

Over the last 24 hours, the trading volume of Alitas is $8.21K.

How many Alitas are there?

The current circulating supply of Alitas is 120 million.

Can I buy Alitas on Coinbase?

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