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Cypherium

CPH

4.5

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Market

Market stats

Market cap

$10.2M

Volume (24h)

$16,865.88

Circulating supply

540.7M CPH

All time high

$0.20

Price change (1h)

+2.33%

Price change (24h)

-9.93%

Price change (7d)

+21.48%

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Cypherium is on the rise this week.

The price of Cypherium has risen by 21.48% in the past 7 days. The price declined by 9.93% in the last 24 hours. In just the past hour, the price grew by 2.33%. The current price is $0.0189 per CPH. Cypherium is 90.53% below the all time high of $0.20.

The current circulating supply is 540,678,192 CPH.

Ratings

Average ratings from the community

4.5 out of 5

146 ratings

Community

4.4

(44)

Roadmap

4.5

(52)

Usefulness

4.5

(50)

About

What Is Cypherium (CPH)?

Cypherium (CPH) is a blockchain protocol that contains a scalable and decentralized framework. Cypherium claims to lay a thorough foundation for developers to build innovative apps that may transform the business future, enterprise solutions, laws, and an involuntary user interface. As per the whitepaper, the platform has set forth five specific objectives to achieve:

  1. An immediate ledger for processing real-time transactions for a vast number of users.

  2. A smart contract forum to allow enterprise use cases for all industries.

  3. A trusted database for connecting remote data islands around the globe.

  4. An open network to give voting rights to any contributor or participant. 

  5. A secure vault to fight the increasing hazards to data privacy.

As per the whitepaper, the blockchain design is subjected to scalability issues: only three to seven transactions can be performed per second, far below the number of transactions processed in other transaction-based systems. The most noteworthy disadvantage is its absence of finality. Finality suggests that once an action or transaction is executed on the blockchain, it is perpetually recorded and is impossible to change. 

Cypherium’s blockchain is developed to achieve commercialization viability by maximizing scalability and decentralization without sacrificing one for the other. Cypherium’s proprietary agreement algorithm, CypherBFT, seeks to overcome the disadvantages of the issues by delivering a dispersed transaction system that includes a validator nodes group known to each other in the network but unnoticeable to the different nodes in the network. The group of validator nodes is known as a committee of validator nodes. In some models, the system reconfigures one or more than one validator node in the committee based on the proof-of-work (POW) problems.

CPHtoken is native to the Cypherium platform. The traders utilize the CPH token for performing transactions to trade products and services.  The Cypherium platform was founded by Sky Guo in October 2016.

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Reading List

News

The Defiant • Jun 05, 23

Curve’s Stablecoin to Support Lido’s stETH

Move allows crvUSD to scale by increasing debt ceiling by 15x.

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BeInCrypto • Jun 05, 23

Ethereum Transaction Fees Drop: Network Cools After a Busy Month

Ethereum's gas fees dropped 60% in dollar terms after the frenzy surrounding ERC-20 meme coins PEPE, TROLL, APED and BOBO died down. Ethereum's gas fees dropped 60% in dollar terms after the frenzy surrounding ERC-20 meme coins PEPE, TROLL, APED and BOBO died down.

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CoinDesk • Jun 05, 23

The Lightning Network Doesn’t Fix Everything Wrong With Bitcoin

And that’s okay.

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Decrypt • Jun 05, 23

Bitcoin and Ethereum Have a Meh Monday While Gaming Tokens Score Gains

Most of the crypto market is having a meh Monday—except for a handful of gaming and metaverse tokens.

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BeInCrypto • Jun 05, 23

Ethereum (ETH) Price Defends $1,800 Mark as Exchange Supplies Hit Multi-Year Lows

ETH Exchange Balance has hit a 5-year low. Can Ethereum price finally flip the critical $2,000 milestone for the first time since April? ETH Exchange Balance has hit a 5-year low. Can Ethereum price finally flip the critical $2,000 milestone for the first time since April?

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CoinDesk • Jun 05, 23

First Mover Americas: Is Bitcoin Heading Below $26K?

The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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CoinDesk • Jun 05, 23

Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan

The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.

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FAQ

What is the current price of Cypherium?

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

What is the market cap of Cypherium?

The current market cap of Cypherium is $10.24M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Cypherium?

The all-time high of Cypherium is $0.20. This all-time high is highest price paid for Cypherium since it was launched.

What is the 24 hour trading volume of Cypherium?

Over the last 24 hours, the trading volume of Cypherium is $16.87K.

What other assets are similar to Cypherium?

Assets that have a similar market cap to Cypherium include Handshake, Verse, Hacken Token, and many others. To see a full list, see our comparable market cap assets.

How many Cypherium are there?

The current circulating supply of Cypherium is 541 million.

Can I buy Cypherium on Coinbase?

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