Witnesses of the middle class class 1 altcoin increase in whales activity this week: Santime

One of a medium -sized layer 1 altcoin witnessed a batch in whale activity, according to Santimi Experience Experience.

Santiment tracks the number of ALTCOIN transactions worth more than $ 100,000, which is considered “whale transactions”.

The company later determines any hour of Altcoins is the largest percentage of whale transactions a week throughout the week.

This week, Fasttoken (FTN) Santime’s topped existing With an amazing increase of 600 % in the number of whale transactions (TC).

FTN is the original code for Layer-1 Bahamut Blockchain, which uses a unique consensus mechanism called the proof of share and activity (POSA).

Explain The white paper of the project,

“The abyss demonstration systems preach that the higher class that you have, and the more” voting power “you get. However, when considering the environment for the distribution of a reward for creating a fair bloc, it is not fair to give a higher chance of the knot that is simply” faster “or” more Wealth.

We have developed a variation in the consensus of proof of postponement, which includes taking into account the activity of users with a smart contract (the program on which any Blockchain application is based) in addition to the share, whenever you think about the opportunity it becomes a block auditor. “

FTN, coding assets are ranked sixty -sixth depending on the market value with a value of $ 1.691 billion, at $ 3.94 at the time of this report.

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