![8X8 Protocol price](/images/cryptocurrency/large/8x8-protocol.png)
8X8 Protocol Price (EXE)
$0.00082176
3.24%
8X8 Protocol Price Chart (EXE/USD)
Last updated 15 Jun 2022, 20:36PM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
---|---|---|---|---|---|---|
1 |
![]() |
EXE / USDT | $0.00041495 | 2.14% | $6,881 | |
2 |
![]() |
EXE / USDT | $0.00007901 | 0.50% | $103 | |
3 |
![]() |
EXE / KRW | $0.00001004 | 62.29% | $3,356 | |
4 |
![]() |
EXE / BTC | $0.00001606 | 73.48% | $27 | |
5 |
![]() |
EXE / BTC | $0.00021647 | 50.00% | $21 | |
6 |
![]() |
EXE / USDT | $0.00007004 | 30.00% | $4 | |
7 |
![]() |
EXE / USDT | $0.00016990 | 98.81% | $0 | |
8 |
![]() |
EXE / BTC | $0.00115860 | 91.60% | $0 |
EXE Price Statistics
- 8X8 Protocol Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $13,364
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
-
All-Time High
$0 -99.63%
Jul 29, 2020 -
All-Time Low
$0 1,240.67%
Apr 14, 2022
Understanding 8X8 Protocol: A Simplified Overview of the Cryptocurrency
Introduction
The world of cryptocurrency has experienced significant growth in recent years, with numerous digital currencies being introduced into the market. One such cryptocurrency is 8X8 Protocol. In this article, we will provide a simplified overview of what 8X8 Protocol is all about.
What is 8X8 Protocol?
8X8 Protocol is a decentralized digital currency that utilizes blockchain technology to facilitate secure and transparent transactions. It is built on the Ethereum blockchain and aims to provide innovative solutions for decentralized finance (DeFi) and decentralized applications (DApps).
The Features of 8X8 Protocol
1. Decentralized Governance: 8X8 Protocol operates on a decentralized governance model, allowing token holders to participate in decision-making processes, such as protocol upgrades and parameter changes.
2. Privacy and Security: The protocol prioritizes user privacy by implementing advanced cryptographic techniques. Transactions carried out using 8X8 Protocol are secure and cannot be traced back to individual users.
3. Low Transaction Fees: With 8X8 Protocol, users can enjoy low transaction fees compared to traditional financial systems. This makes it an attractive option for individuals and businesses seeking cost-effective financial solutions.
4. Smart Contracts: The protocol supports the development and execution of smart contracts. Smart contracts are self-executing contracts with predefined conditions that automatically trigger actions once these conditions are met.
Use Cases of 8X8 Protocol
The versatile nature of 8X8 Protocol allows for various use cases, including:
1. Decentralized Finance (DeFi): 8X8 Protocol can be used to create DeFi applications such as decentralized lending and borrowing platforms, decentralized exchanges (DEXs), and stablecoins.
2. Supply Chain Management: The protocol can enhance supply chain transparency by providing immutable records of every transaction and shipment, reducing the potential for fraud and counterfeit goods.
3. Online Voting Systems: 8X8 Protocol can be utilized to create secure and transparent online voting systems that ensure voter anonymity and prevent tampering with the results.
Conclusion
8X8 Protocol is a decentralized cryptocurrency that offers various features and applications within the blockchain ecosystem. It aims to revolutionize traditional financial systems by providing secure, transparent, and cost-effective solutions. With its focus on decentralized governance, privacy, and low transaction fees, 8X8 Protocol has the potential to drive the adoption of cryptocurrencies in various industries.