About Boring Protocol
Boring is a protocol for participants in virtual private networks to conduct transactions between node providers and bandwidth users.
Trading Insights
Traders
12
Searched
1
Market Stats
Market Cap
£6.14K
-3.41%
FDV
£11.74K
Circ. Supply
98M BOP
Max Supply
Not enough data
Total Supply
250M BOP
Diluted Valuation
£15.78K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£88.80
-9.35%
Volume (7D)
£592.49
Volume (30D)
£2.42K
All time high
£0.14
Price Change (1Y)
-85.91%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Boring Protocol has increased by 0.47% in the last hour and decreased by 3.81% in the past 24 hours. Boring Protocol’s price has also fallen by 0.28% in the past week. The current price is £0.000047 per BOP with a 24-hour trading volume of £88.80. Currently, Boring Protocol is valued at 99.97% below its all time high of £0.14. This all-time high was the highest price paid for Boring Protocol since its launch.
The current circulating supply of Boring Protocol is 97,535,000 BOP which means that Boring Protocol has as total market cap of £6,143.32.
Market details
BOP vs markets
↘ 91.56%
BOP vs BTC
↘ 92%
BOP vs ETH
↘ 86.16%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Solana | BLwTnYKqf7u4qjgZrrsKeNs2EzWkMLqVCu6j8iHyrNA3 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000047 | ↘ 3.81% |
1 Day | £0.000049 | ↘ 3.81% |
1 Week | £0.000047 | ↘ 0.28% |
1 Month | £0.000045 | ↗ 5.48% |
1 Year | £0.000347 | ↘ 85.91% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Trading under BOP, Boring is a decentralized virtual private network built on blockchain technology. The project aims to provide a peer-to-peer bandwidth market. Boring is a protocol that aims to help conduct transactions between node providers and bandwidth users. Thus, the project seeks to incentivize the nodes that provide reliable programs to such network users.
As the litepaper says, the existing centralized VPN services have several flaws. Such flaws include a lack of transparency and information of the users kept in unsecure centralized data storage. Further, such services are provided to the users with a bond of six to twelve months which makes them stuck to the contract. The Boring project aims to correct this with the usage of blockchain technology. According to the website, the Boring protocol aims to make an entirely new marketplace for bandwidth usage and privacy. The project intends to provide both features in one program.
Further, the Boring ecosystem aims to provide for connection points or nodes called providers. These providers share the VPN connection with the client who wants to transfer secretive or jumbled data. The project works on the Solana blockchain. The protocol acts as the central governing node, which seeks to help connect both provider and client. The protocol processes a fee for every connection.
The native cryptocurrency of the Boring protocol is BOP. BOP also denotes the ticker name. BOP is a utility token that is used as a medium of exchange between participants of Boring protocol. BOP aims to help in providing a secure mode of payment. The token has no other benefit than just being used as a payment mode to the nodes on the network. Further, the BOP token intends to be distributed among the users to encourage them to contribute more. Moreover, the token is also staked by nodes that indicate their commitment to the network.
We update our Boring Protocol to GBP currency in real-time. Get the live price of Boring Protocol on Coinbase.
The current market cap of Boring Protocol is £6.14K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Boring Protocol is £0.14. This all-time high is highest price paid for Boring Protocol since it was launched.
Over the last 24 hours, the trading volume of Boring Protocol is £88.80.
Assets that have a similar market cap to Boring Protocol include Minebase, Talentum, Babydoge 2.0, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Boring Protocol is 98 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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