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Locus Chain Locus Chain

LOCUS price
0.0139262 USD 22.92% 0.00000022 BTC

Financial indicators LOCUS

  • Rank: 761
  • Market Cap: 28981300 $
  • 24 Hour Volume: 351591 $
  • Total Supply: 7000000000
  • Circulating Supply: 2081060000 (30%)
  • Max Supply: 7000000000

What is Locus Chain?

Locus Chain claims to be the world’s first practically usable public blockchain that has achieved complete decentralization and high performance.

Locus Chain reportedly maintains fast processing speeds through a DAG(Directed Acyclic Graph)-based AWTC(Account-Wise Transaction Chain) ledger structure while implementing the Locus BFT consensus algorithm. It claims to have achieved a high degree of decentralization by fairly electing the committee that will participate in the consensus through the Stochastic dPoS method for each round.

Locus Chain believes that it has established the basis for anyone to freely participate in the network through nodes by implementing the technology called Verifiable Pruning, which allows for the validation of previous data with the least amount of hash values, and also dynamic sharding, which decreases the network load by dividing the network into shard units.

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