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Sugarchain

SUGAR

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About Sugarchain

What Is Sugarchain (SUGAR)?

Sugarchain is an open-source blockchain-powered decentralized digital payments platform. The platform is designed to facilitate peer-to-peer transactions, aiming to offer high speeds and low costs. Sugarchain intends to position itself as a sustainable alternative to Bitcoin. According to the whitepaper, Sugarchain seeks to technically modify the original Bitcoin source code for facilitating faster transactions and lower processing fees. 

The platform intends to implement the one-CPU-one-vote policy formulated by Satoshi Nakamoto, thereby making the network resistant to the mining machines—GPUs and ASICs. The one-CPU-one-vote policy ensures decentralized mining and eliminates barriers to entering the mining process. Sugarchain aims to strictly adhere to CPU-only mining, using the YespowerSugar mining algorithm. 

Sugarchain also claims to have launched the first blockchain network built-in with Native Segwit. Native Segwit, also called Bech32, is an advanced address formatting system that enables faster transactions and higher scalability. SUGAR is the native cryptocurrency of the Sugarchain network. 

History of Sugarchain (SUGAR)

Sugarchain was launched on August 24, 2019. The platform was cofounded by Zenny Kim and Volodymyr Biloshytskyi. Kim is the lead developer at Sugarchain, while Biloshytskyi is the mainnet developer and cofounder of CodePillow. SUGAR has a total supply of 1,073,741,824 tokens. The token halving occurs after every 12,500,000 blocks, which takes approximately two years. Sugarchain aims for the network to undergo halving 33 times over a span of 66 years. 

News

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BeInCrypto • Dec 04, 23

Altcoins Next in Focus for Analysts as Bitcoin Reaches 19-Month Peak

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CoinDesk • Dec 04, 23

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BeInCrypto • Dec 04, 23

Gold Reaches Record High Amid Predictions of Bitcoin Market Cap Overtake

Bitcoin pioneer and cryptography expert Adam Back predicts Bitcoin will surpass physical gold's market capitalization, possibly within the next year or two.The post Gold Reaches Record High Amid Predictions of Bitcoin Market Cap Overtake appeared first on BeInCrypto.

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CoinDesk • Dec 04, 23

Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say

The "basis trade," a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.

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CoinDesk • Dec 04, 23

Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations

Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.

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Advanced trading pairs

Here is a selection of advanced trading pairs that people watch and convert

CBETH-ETH

CBETH-ETH

1 cbETH equals 1.0542 ETH

SOL-ETH

SOL-ETH

1 SOL equals 0.02793 ETH

LSETH-ETH

LSETH-ETH

1 LSETH equals 1.03021 ETH

TRB-BTC

TRB-BTC

1 TRB equals 0.000348 BTC

WBTC-BTC

WBTC-BTC

1 WBTC equals 0.9977 BTC

ETH-BTC

ETH-BTC

1 ETH equals 0.05412 BTC

BTC-USDC

BTC-USDC

1 BTC equals 19,689.00 USDC

ETH-USDC

ETH-USDC

1 ETH equals 1,079.00 USDC

USDT-USDC

USDT-USDC

1 USDT equals 1.0002 USDC

BTC-USDT

BTC-USDT

1 BTC equals 41,951.67 USDT

ASM-USDT

ASM-USDT

1 ASM equals 0.00994 USDT

ETH-USDT

ETH-USDT

1 ETH equals 2,269.92 USDT

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Sugarchain is on the rise this week.

The price of Sugarchain has risen by 100.00% in the past 7 days. The price increased by 100.00% in the last 24 hours. In just the past hour, the price grew by 100.00%.

FAQ

What is the current price of Sugarchain?

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

What other assets are similar to Sugarchain?

Assets that have a similar market cap to Sugarchain include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Sugarchain on Coinbase?

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

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