Torchain (TOR)
Details about Torchain cryptocurrency
€5,967
2,099,000,000
0
Unknown
https://torchain.xyz/
Torchain price charts
TOR exchanges
Torchain, the crypto
Torchain (TOR) is a decentralized finance (DeFi) platform that focuses on privacy and security. It serves as a cross-chain liquidity protocol that enables users to exchange various cryptocurrencies without revealing their identities or transaction history.
The point
The main point of Torchain (TOR) is to provide a highly private and secure network for decentralized trading. It allows users to transact directly with each other without going through intermediaries, reducing costs and increasing efficiency.
The problem
Torchain (TOR) tries to solve the problem of privacy in decentralized exchanges (DEXs). Many DEXs require users to reveal their identities or transaction history to use the platform, which can be a major concern for many cryptocurrency traders. Torchain aims to provide a highly secure and private platform that doesn't compromise users' anonymity.
Compare TOR and BTC performance
Timeframe | TOR | BTC |
---|---|---|
1h change | 0 % | 0.540472 % |
24h change | 0 % | 1.35928 % |
7 day change | 0 % | 7.11285 % |
14 day change | 0 % | -1.59007 % |
30 day change | 0.08 % | 25.8729 % |
200 day change | -37.9 % | 172.53 % |
Year change | -71.61 % | 165.178 % |