Price
$0.0631
12/4/2022, 6:11:13 PM
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Market

Market stats

Market cap

$15.2M

Volume (24h)

$4.1M

Circulating supply

240.0M QLC

All time high

$1.28

Price change (1h)

+0.18%

Price change (24h)

+1.43%

Price change (7d)

+55.57%

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QLC Chain is on the rise this week.

The price of QLC Chain has risen by 55.57% in the past 7 days. The price increased by 1.43% in the last 24 hours. In just the past hour, the price grew by 0.18%. The current price is $0.0631 per QLC. QLC Chain is 95.07% below the all time high of $1.28.

The current circulating supply is 240,000,000 QLC.

About

What Is QLC Chain (QLC)?

QLC Chain is a new generation public cryptocurrencyblockchain designed for Network-as-a-Service (NaaS) solutions. QLC Chain's framework allows everyone to create network services and benefit from the ecosystem.

According to the whitepaper, the network deploys a ‘Block Lattice’ architecture and virtual machines (VMs) to manage and integrate the smart contracts. The block-lattice is a structure in which every user gets a chain that only they can write to, and everyone can keep a copy of each chain. Two types of smart contracts are supported by QLC Chain: token smart contracts are used to issue new tokens within the ecosystem, and asset smart contracts are used to register digital assets without generating new tokens.

Further, QLC Chain employs two consensus algorithms for transaction verification: Delegated Proof of Stake (DPoS) and Shannon Consensus, a novel consensus created by the QLC Chain team. QLC Chain implements this dual consensus protocol to offer high transaction rates (TPS), high scalability, and a wholly decentralized environment for NaaS related decentralized applications (dApps).

The QLC token is used as the governance token on the QLC network and ecosystem. QGAS is the service fee used to bill network charges and store on-chain transactions (transactions occurring on top of the blockchain).

Lastly, some of the QLC platform’s features are outlined below:

  • Offers peer-to-peer SMS messaging market for various services providers

  • Removes redundant one-on-one communication

  • Records every outgoing message as a transaction on the blockchain

  • Prevents telecommunications fraud

  • Provides accurate billing to prevent grey-routing

History of QLC Chain (QLC)

QLC Chain was founded by entrepreneur-minded telecom professionals and blockchain technology experts. The team has over twenty developers with expertise in telecom, chips, eSIM, P2P networks, and encryption who are located in Mainland China, Hong Kong, Silicon Valley, and Europe.

In 2017, QLC Chain developed its full structure, integrating several telecommunication capabilities on a public chain that was launched in 2018. The total supply of QLC is 600,000,000 QLC tokens.

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FAQ

What is the current price of QLC Chain?

The price of 1 QLC Chain currently costs $0.0631.

What is the market cap of QLC Chain?

The current market cap of QLC Chain is $15.17M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of QLC Chain?

The all-time high of QLC Chain is $1.28. This all-time high is highest price paid for QLC Chain since it was launched.

What is the 24 hour trading volume of QLC Chain?

Over the last 24 hours, the trading volume of QLC Chain is $4.10M.

What other assets are similar to QLC Chain?

Assets that have a similar market cap to QLC Chain include Pluton, AMO Coin, Freeway Token, and many others. To see a full list, see our comparable market cap assets.

How many QLC Chain are there?

The current circulating supply of QLC Chain is 240 million.