About Boring Protocol
Boring is a protocol for participants in virtual private networks to conduct transactions between node providers and bandwidth users.
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Trading Insights
Traders
12
Market Stats
Market Cap
₹481.11K
-2.61%
FDV
₹1.23M
Circ. Supply
98M BOP
Max Supply
Not enough data
Total Supply
250M BOP
Diluted Valuation
₹1.22M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹11.32K
-69.34%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
₹16.43
Price Change (1Y)
-92.34%
Additional details
Recent trends
The latest BOP price is ₹0.0049. Compared to Boring Protocol's value of ₹0.01 from 24 hours ago, there's been a -2% decrease, while the current price is 2% up from ₹0.00 which was recorded one week ago. Boring Protocol's all time high is ₹16.43, which was reached on September 13, 2021. This is a -100% change from its price today.
The market cap is currently ₹481.11K, which is a result of multiplying the current price of Boring Protocol(₹0.00) by the total supply(250,000,000 BOP). The fully diluted valuation of Boring Protocol is ₹1.23M. The diluted valuation of Boring Protocol is ₹1.23M.
Market details
BOP vs markets
↘ 94.56%
BOP vs BTC
↘ 95.36%
BOP vs ETH
↘ 89.43%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Solana | BLwTnYKqf7u4qjgZrrsKeNs2EzWkMLqVCu6j8iHyrNA3 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.0049 | ↘ 2.31% |
1 Day | ₹0.0050 | ↘ 2.31% |
1 Week | ₹0.0048 | ↗ 2.37% |
1 Month | ₹0.0065 | ↘ 25.72% |
1 Year | ₹0.0619 | ↘ 92.34% |
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 INR currency in real-time. Get the live price of Boring Protocol on Coinbase.
The current market cap of Boring Protocol is ₹481.11K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Boring Protocol is ₹16.43. 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 ₹11.32K.
Assets that have a similar market cap to Boring Protocol include Xfinite Entertainment Token, Solpad Finance, Tomb, 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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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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