SO-COL (SIMP)
Details about SO-COL cryptocurrency
€1,143,805 ( -14.5723%)
€71,554
1,000,000,000
435,621,426
0
Unknown
https://socol.xyz/
@socol_io
1119540x
€2938.43
SO-COL price charts
SIMP exchanges
SO-COL, the crypto
SO-COL (SIMP) crypto is a new blockchain-based platform that aims to provide a more efficient and scalable solution for decentralized finance (DeFi). It uses a unique consensus mechanism known as SO-COL, which stands for "Synchronized Obtaining Consensus On Layer."
The point
The main point of SO-COL (SIMP) is to eliminate the scalability issues that are currently plaguing the DeFi industry. By using a novel layer-based consensus mechanism, it achieves high throughput and low latency while maintaining strong security features.
The problem
SO-COL (SIMP) tries to solve the high fees and slow transaction times that are common in many DeFi platforms today. It aims to provide a more efficient and cost-effective solution for users to participate in decentralized applications and transactions. Additionally, it aims to foster greater interoperability between different blockchain networks.
Compare SIMP and BTC performance
Timeframe | SIMP | BTC |
---|---|---|
1h change | -1.41726 % | -0.434243 % |
24h change | -14.22 % | 0.748949 % |
7 day change | -21.77 % | 6.28102 % |
14 day change | -9.79 % | 4.81165 % |
30 day change | 23.85 % | 23.3841 % |
200 day change | 21.41 % | 170.377 % |
Year change | -83.43 % | 155.76 % |