About Sugarchain
Market Stats
Market Cap
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Additional info about Sugarchain
Recent trends
Market details
SUGAR vs markets
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SUGAR vs ETH
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Tags
Network & Addresses
Network | Address |
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Price history
Time | Price | Change |
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Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $0.00 | 0.00% |
FAQ
Sugarchain is an open-source blockchain-powered decentralized digital payments platform. The platform is designed to facilitate peer-to-peer transactions, aiming to offer high speeds and low costs. Sugarchain intends to position itself as a sustainable alternative to Bitcoin. According to the whitepaper, Sugarchain seeks to technically modify the original Bitcoin source code for facilitating faster transactions and lower processing fees.
The platform intends to implement the one-CPU-one-vote policy formulated by Satoshi Nakamoto, thereby making the network resistant to the mining machines—GPUs and ASICs. The one-CPU-one-vote policy ensures decentralized mining and eliminates barriers to entering the mining process. Sugarchain aims to strictly adhere to CPU-only mining, using the YespowerSugar mining algorithm.
Sugarchain also claims to have launched the first blockchain network built-in with Native Segwit. Native Segwit, also called Bech32, is an advanced address formatting system that enables faster transactions and higher scalability. SUGAR is the native cryptocurrency of the Sugarchain network.
Sugarchain was launched on August 24, 2019. The platform was cofounded by Zenny Kim and Volodymyr Biloshytskyi. Kim is the lead developer at Sugarchain, while Biloshytskyi is the mainnet developer and cofounder of CodePillow. SUGAR has a total supply of 1,073,741,824 tokens. The token halving occurs after every 12,500,000 blocks, which takes approximately two years. Sugarchain aims for the network to undergo halving 33 times over a span of 66 years.
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Social stats
Popularity in posts
#2386
Contributors
38
Posts
44
% About Sugarchain
0.013%
Hold times
0 days
X (Twitter)
58.23% bullish
Sentiment
4.0 ★
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.
Highlights
38 unique individuals are talking about Sugarchain and it is ranked #2,386 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Sugarchain has an average sentiment score of 80 out of 5. Finally, Sugarchain is becoming less newsworthy, with 0 news articles published about Sugarchain.
On Twitter, people are mostly bullish about Sugarchain. There were 83.29% of tweets with bullish sentiment compared to 43.04% of tweets with a bearish sentiment about Sugarchain. 16.71% of tweets were neutral about Sugarchain. These sentiments are based on 10 tweets.
On Reddit, Sugarchain was mentioned in 0 Reddit posts and there were 0 comments about Sugarchain. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. 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. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.