Genit Chain
1. Summary
- Description
-
Overview
Overview
Genit Chain is a Layer 1 Blockchain that operates with a Proof-of-Authority (PoA) consensus mechanism for high efficiency and speed. This consensus system ensures that the most bonded validator candidates become network validators, responsible for producing blocks. The network's security is maintained via double-sign detection and additional slashing logic, ensuring chain stability and finality.
Properties
- Decentralization: Thousands of independent nodes validate the network, ensuring data security and censorship resistance.
- Scalability: Designed to handle increasing transaction volumes without compromising performance.
- Energy Efficiency: Emphasizes eco-friendly approaches for sustainability and reduced environmental impact.
- Security: Utilizes double-sign detection and slashing logic to safeguard the network.
- Accessible Interface: Provides a user-friendly interface for developers and users.
- Efficiency: Focuses on speed and efficiency for transactions and processes.
- Interoperability: Compatible with other blockchain networks.
Purpose
Genit Chain aims to create a highly scalable, energy-efficient, and decentralized blockchain platform, addressing limitations of current blockchain technologies and providing a secure environment for applications in various sectors, such as finance, supply chain, gaming, and more.
| Price | |
| 52W High price | $0.001218261900 |
| 52W High date | 6th Jan 2024 (2 years ago) |
| All Time High (ATH) Date | 9th Sep 2025 (4 months ago) |
| All Time Low (ATL) Date | 9th Sep 2025 (4 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $15.00 |
How does Genit Chain's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
14.3%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 269 |
| Twitter followers | 233 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://genitchain.org |
|---|---|
| Explorer | https://bscscan.com/token/0x70d0a15410a1ab343551da... |
| @genitchain |
What is the correct contract address for Genit Chain?
| Binance-smart-chain | 0x70d0a15410a1ab343551da57946a23e5d3ee8381 |
|---|
Has Genit Chain been audited for security?
No security audits found for this project.
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