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Shift (SHIFT)

What's Shift (SHIFT) price right now? How much potential does Shift have? How to buy Shift? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover similar coins to SHIFT based on price or price change percentage.
(Data is updated hourly)

Shift

Distributed Computing
Filesharing

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Data last updated about 1 year ago
SHIFT All Time Low/High: €0.00095076 (+56636%) / €9.02 (-94%)
Current price
EUR Price
€ 0.539427
24h
Negative percentage
0%
Week
Negative percentage
0%
14 days
Negative percentage
0%
Month
Negative percentage
0%
Year
Positive percentage
1715.25%
Shift coin logo
Disclaimer: All shift price data is sourced from a third-party site. While we try to always offer correct and up-to-date shift price data, it can sometimes be wrong. Cryptolorium assumes no responsibility or liability for any errors or omissions in the content of this site. So we suggest you pay attention to any abnormalities yourself and take all shift price as well as shift price change information brought out above with a grain of salt. And as always, keep in mind that trading cryptos contains risks which may result in partial or full loss of your investment.

How popular is Shift cryptocurrency?

Shift ranks 822th among all cryptocurrencies. It has a market cap of €8001452. The total trading volume within the last 24 hours was €171.37.

How to buy Shift?

The easiest way to buy SHIFT is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find Shift in a number of exchanges these days. Currently there should be the very minimum of 1 Shift exchanges available.

Where can I find more information about Shift?

You can find more information about SHIFT from Shift subreddit, Shift facebook page, Shift twitter page, Shift official homepage, and we always recommend you to do further research about Shift yourself as well.

What is Shift?

Shift is cryptocurrency that was launched in August 2015 based on Ethereum by a group of cryptocurrency enthusiast. Shift Storage Cluster - The default state of the IPFS infrastructure is represented as a globally shared network. This can lead to problems when it comes to verifying data integrity, availability, and custom implementation details suc...h as earning token rewards for running a storage node. For this reason, Shift runs a private swarm. The storage nodes use a custom swarm key to ensure that they can only talk to other nodes using the same key. This also prevents Shift nodes being used to host and deliver content that was added outside of the Shift network which should improve reliability and performance.

In order to store data permanently, IPFS implements a concept called pinning. Pinning content means that the content will be available permanently (or until it is unpinned). By default the pinning only applies to a single peer that it is pinned to, but that means if that machine goes offline, the content can be lost. The way around this is by using an IPFS cluster: a subnet (or private net) running the IPFS daemon, containing only Shift peers. The Shift cluster runs as a wrapper around the IPFS daemon. It allows the end user to connect a group of IPFS nodes together so that content can be stored and replicated within the group. The cluster elects a leader to be in charge of keeping track of which content is available in which locations.

Shift is meant to disrupt the web hosting industry. The company has created Phantom which is a decentralized app to host websites. It does so through the Shift IPFS rather than the normal way a website is hosted. By using this ‘killer dApp’, the company is of the opinion that a business gets a chance of succeeding in the current competitive world.

Because Shift is an open-source platform, developers of dApps are free to use the company’s script. This is made even easier by the fact that Shift Company has used Javascript which is popular language among dApp developers. According to the company, every dApp created using the Shift script can access the IPFS cluster to store data. This will be made possible by the use of a P2P hypermedia distribution protocol, an interplanetary file system which the company created.

Even though the Shift has been around since 2015, the team only released the whitepaper on March the 5th 2018. The whitepaper is a bit technical but well detailed. Remember that the crypto is built with dApps developers in mind. It might not be a very good investment opportunity for a person who doesn’t understand dApps and Javascript. But at the end of the day, it is a volatile crypto which is one of the most important features to look for as a trader.
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Cryptocurrency: ShiftSymbol: SHIFT
Market Cap: 8001452 Rank: 822Volume: 171.37

Shift (SHIFT) live price chart

24h
7days
14 days
30 days
200 days
1 year

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Cryptos with similar price movements as SHIFT in 200 days

SHIFT change in 7 days: 0% / SHIFT change in 30 days: 0%
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How big was Shift coin volume within the last 24h?
Shift (SHIFT) last recorded volume was € 171.37.
How much has Shift coin price changed during the last week?
SHIFT price has changed during the last 7 days 0 %.
How much has Shift price changed during the 30 days?
SHIFT price has changed during the last 30 days 0 %.
How much has Shift price changed during one year?
SHIFT price has changed during the last year 1715.25 %.
Is SHIFT coin close to its All Time High price?
SHIFT all time high price (ath) is €9.02. Its current price is €0.539427. This means that the difference between Shift (SHIFT) All Time High price and SHIFT current price is -94%.