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EtherBack Price (ETHBACK)
$0.00000075
8.80%
Rank #7721
EtherBack Price Chart (ETHBACK/USD)
Last updated 15 Jun 2022, 20:37PM UTC. Currency in USD.
Markets
# | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
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ETHBACK Price Statistics
$0
24H Range
$0
- EtherBack Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $13
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
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All-Time High
$0 -96.79%
Jul 22, 2021 -
All-Time Low
$0 0.00%
Jun 15, 2022
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EtherBack: Exploring a Revolutionary Cryptocurrency
Introduction
EtherBack, a groundbreaking cryptocurrency, has emerged as a leading player in the digital currency space. With its innovative features and robust infrastructure, EtherBack has garnered significant attention from investors and blockchain enthusiasts alike. This article aims to provide an overview of EtherBack's core principles and functionalities.The Concept
EtherBack operates on the Ethereum blockchain network and functions as a decentralized digital currency. Unlike traditional fiat currencies, EtherBack is not controlled or regulated by any central authority, such as a government or financial institution. Its value is determined by the market forces of supply and demand, making it a versatile and globally accessible form of currency.Main Features
EtherBack boasts several key features that set it apart from other cryptocurrencies:- Decentralization: As a decentralized cryptocurrency, EtherBack eliminates the need for intermediaries, enhancing security and reducing transaction costs.
- Smart Contracts: EtherBack's foundation on the Ethereum blockchain allows for the execution of self-executing smart contracts, providing an efficient and transparent framework for various digital transactions.
- Scalability: EtherBack's underlying blockchain technology enables high transaction throughput, ensuring quick and seamless transfers of funds.
- Anonymity: While EtherBack transactions are publicly recorded on the blockchain, users' identities remain pseudonymous, improving privacy and reducing the risk of fraud.
- DApp Integration: EtherBack supports the seamless integration of decentralized applications (DApps) built on the Ethereum network, expanding its use cases beyond mere currency functionality.
Advantages
EtherBack offers numerous advantages compared to traditional payment systems and other cryptocurrencies:- Global Accessibility: EtherBack's decentralized nature allows for borderless transactions, enabling anyone with an internet connection to participate in the ecosystem.
- Security: The use of blockchain technology ensures that EtherBack transactions are highly secure, significantly reducing the risk of fraudulent activities.
- Lower Transaction Costs: EtherBack bypasses intermediaries, such as banks, resulting in lower transaction fees and increased cost-efficiency.
- Increased Efficiency: The implementation of smart contracts streamlines processes, automating tasks, and reducing administrative overheads.
- Investment Potential: EtherBack's growing popularity and potential for value appreciation make it an attractive investment opportunity for individuals and institutions alike.