Market Cap | |
---|---|
24 Hour Trading Vol | |
Fully Diluted Valuation | 906.03 B |
Circulating | 117,326,955.00 |
Total Supply | 145,289,409.71 |
Max Supply | 145,289,409.71 |
Week | Month | Year | All Time | |
---|---|---|---|---|
High |
12-12-2024 2.35
0.00%
|
09-12-2024 2.704228675858
-13.10%
|
15-02-2024 4.638963873859
-49.34%
|
07-04-2021 ₹5,730,800.59
-77.13%
|
Low |
12-12-2024 2.19976512541
6.83%
|
22-11-2024 1.860244772883
26.33%
|
07-09-2024 1.262091544763
86.20%
|
06-08-2023 ₹5,628.29
176.69%
|
Sr. | Exchange | Pair | Price | Spread | Volume | Volume% | Confidence | Last Traded | Trust Score |
---|
Price | Market Cap | Volume | Date |
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Application programming interfaces (APIs) have been suggested as a way to make it easier for smart contracts to get reliable data. API3's stated goal is to make it possible to build, manage, and make money from decentralised versions of APIs at scale. As blockchain technology becomes more important in the economy, from decentralised finance to supply chain management, the team behind this project says it has never been more important for smart contracts to provide "timely, reliable real-world data." In September 2020, the whitepaper for API3 was released. It talked about the main problem with APIs at the moment, which is connectivity. At the moment, there is no way for smart contracts to connect directly with APIs to get the most up-to-date information. Because of this, oracles have become very popular. Even though this has helped solve the problem to some extent, the "Blockchain Oracle Problem" has since caused a lot of trouble in the business world. Oracles are a type of middleware that sits between APIs and smart contracts. They make costs and centralization go up and make it harder to change. API3 is trying to solve this problem by letting API providers run their own nodes. After a token sale that brought in tens of millions of dollars, API3's token went live at the beginning of December.