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PolkaCipher price is unchanged in the past week.

In just the past hour, the price grew by 100.00%. The current price is $0.000490 per CPHR. PolkaCipher is 99.51% below the all time high of $0.10.

The current circulating supply is 0 CPHR.


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What Is PolkaCipher (CPHR)?

PolkaCipher (CPHR) is a privacy-preserving oracle network based on Polkadot, which claims to be a bridge for effortless integration among the on-chain DeFi apps. PolkaCipher's distinctive offerings intend to push the use-case of the NFTs in systems of the real world while still being linked to a cross-chain network that claims to be accurate and fair. In other words, PolkaCipher seeks to accomplish business objectives by helping traders transact securely and privately utilizing NFTs as a method of access to real-world businesses and various decentralized apps (Dapps). PolkaCipher aims to break the wall between real-world data and blockchain via the commercialization of NFTs and speeding adoption of DeFi into everyday lives.

At Polkacipher, the following design principles are claimed to exist:

  • Private Data distribution and collection- The distribution and collection of data for application objectives are to be kept confidential. All data transmitted through the blockchain is secured and encrypted, utilizing zero-knowledge proofs to guarantee data privacy.

  • Keeping data integrity - The data is distributed and collected fairly, the platform utilizes economic incentive standards to penalize or reward the data providers.

  • Community governance - PolkaCipher is fully community-owned via governance tokens, and traders have the right for deciding on the project direction.

  • Cross-chain compatible - PolkaCipher is entirely cross-chain consistent and uses its bridge for moving NFT's across numerous blockchains.

CPHR token is native to the platform. Application Data Requester (ADR) can receive data services during the cycle of mining without expending native tokens. The oracle node's earnings are subsidized by a part of reserved tokens for mining. After completing the mining cycle, the data is accessed through staked CPHR. A minimum of ten CPHR are staked, paid each time separately.

History of PolkaCipher (CPHR)

PolkaCipher was founded in the fourth quarter of 2020. Akhil Gupta is the chief executive officer of the PolkaCipher platform. The founding team includes Bella Szabo as chief marketing officer, Laurence Diederich as the chief strategy officer, and Rohit Giri as full stack developer.

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What is the current price of PolkaCipher?

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

What is the market cap of PolkaCipher?

The current market cap of PolkaCipher is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of PolkaCipher?

The all-time high of PolkaCipher is $0.10. This all-time high is highest price paid for PolkaCipher since it was launched.

What is the 24 hour trading volume of PolkaCipher?

Over the last 24 hours, the trading volume of PolkaCipher is $0.00.

What other assets are similar to PolkaCipher?

Assets that have a similar market cap to PolkaCipher include CRIR MSH, Lemonn, TAPME Token, and many others. To see a full list, see our comparable market cap assets.

How many PolkaCipher are there?

The current circulating supply of PolkaCipher is 0.

Can I buy PolkaCipher on Coinbase?

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