Details about Herum cryptocurrency
€0
11,000,000,000
11.644
Unknown
https://www.herum.co.in/
@HerumProject
5599260x
€71.5026
Herum price charts
RAM exchanges
Herum, the crypto
Herum (RAM) is a cryptocurrency that is designed to solve the problem of scalability faced by most blockchain-based cryptocurrencies. It is named after the German word "herum" which means "around" or "surrounding". Herum (RAM) uses a unique consensus mechanism called "Proof-of-RAM" which awards miners based on the amount of RAM they contribute to the network. This ensures that the network is decentralized and prevents the concentration of mining power in the hands of a few individuals or entities.
The point
The main point of Herum (RAM) is to provide a scalable, secure and decentralized cryptocurrency. It aims to achieve this by using a unique consensus mechanism called "Proof-of-RAM" which is based on the amount of RAM contributed by miners. This allows for a more decentralized network and prevents the concentration of mining power in the hands of a few individuals or entities.
The problem
Herum (RAM) tries to solve the problem of scalability faced by most blockchain-based cryptocurrencies. It achieves this by using a unique consensus mechanism called "Proof-of-RAM" which awards miners based on the amount of RAM they contribute to the network. This ensures that the network is decentralized and prevents the concentration of mining power in the hands of a few individuals or entities.
Compare RAM and BTC performance
| Timeframe | RAM | BTC |
|---|---|---|
| 1h change | 0 % | -0.0400366 % |
| 24h change | 0 % | -1.35339 % |
| 7 day change | 0 % | -4.88361 % |
| 14 day change | 0 % | -4.14321 % |
| 30 day change | 0 % | -2.17976 % |
| 200 day change | -96.61 % | 127.499 % |
| Year change | -99.9 % | 127.673 % |