Details about IdleStoneage SAX cryptocurrency
€2
100,000,000
1
Unknown
https://www.idlestoneage.com/#/EN/home
@IdleStoneage
IdleStoneage SAX price charts
SAX exchanges
IdleStoneage SAX, the crypto
IdleStoneage SAX (SAX) is a cryptocurrency that operates on the basis of proof-of-stake (PoS) consensus mechanism. It is designed to be a fast, secure and energy-efficient alternative to traditional Proof-of-Work (PoW) cryptocurrencies.
The point
The main point of IdleStoneage SAX (SAX) is to provide a more efficient and eco-friendly way of processing financial transactions through blockchain. It aims to do this through its Proof-of-Stake consensus model and features like instant transactions and a more user-friendly interface.
The problem
IdleStoneage SAX (SAX) aims to solve problems like high energy consumption, slow transaction speeds, and lack of scalability that are inherent in traditional Proof-of-Work blockchains. Its PoS consensus algorithm ensures security while consuming significantly less energy, and it allows for faster transactions with lower fees.
Compare SAX and BTC performance
| Timeframe | SAX | BTC |
|---|---|---|
| 1h change | 0 % | -0.234911 % |
| 24h change | 0 % | 1.25967 % |
| 7 day change | 0 % | -1.44157 % |
| 14 day change | 0 % | -9.47799 % |
| 30 day change | 0 % | -7.33786 % |
| 200 day change | -86.03 % | 129.168 % |
| Year change | -93.07 % | 129.33 % |