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Market Cap
24h Vol
7880
Cryptocurrencies
60.28%
Bitcoin Share
Shark Cat Crypto Coin Rank 1582
Website
989,895,519 SC
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Shark Cat
Shark Cat
SC Coin Values SC

Shark Cat valuesUSD Price
$ 0.0032

Shark Cat BTC Price
0.00000003

Shark Cat 24h Vol
$ 447,548

Shark Cat Market Cap
$ 3,138,065

24h Vol
5 BTC
1 H
0.99 %
24 H
-5.48 %
7 d
-1.80 %
Current Status: Shark Cat The latest price of this cryptocurrency in USD is 0.0032 USD, , and when converted to Bitcoin the value stands at 0.00000003 BTC. Total Circulating Supply: 989,895,519 SC that are currently circulating in the global market is estimated at Shark Cat Market Trend: -5.48 %The price movement is showing a fluctuation of Explore all available cryptocurrencies here. 24-Hour Market Data: 0.004 M US dollars In the last 24 hours, the market has experienced a change in volume and price movement, reflecting the volatility of the crypto sector. Shark Cat Trade Volume: The total number of transactions executed across major crypto exchanges stands at an impressive figure.. Get Shark Cat's progress by adding it to your favourites and creating a free portfolio.
Full Name
Shark Cat
Symbol
SC
Algorithm
Blake2b
BTC Price
0.00000003 BTC
BTC Market
33 BTC
BTC 24h Vol
5 BTC
Total Coins Mined
989,895,519 SC
1h
0.99 %
24h
-5.48 %
7d
-1.80 %
X
Shark Cat
Website
Shark Cat
SC Charts

Shark Cat Price Charts

High/Low Price ChartHistorical DataMarkets
SC High/Low Price Chart

Shark Cat Price High/Low Price Chart

Historical Data

Shark Cat Crypto Technology

Markets

Shark Cat Crypto Market

DescriptionTechnologyShark Cat - Detailed Information
Description

Shark Cat Crypto ICO Description

Sia is an actively developed decentralized storage platform. Users all over the world contribute disk storage from their computers to form a decentralized network.

Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via "smart" storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid.

The distrubuted nature of the Sia network enables many optimizations in latency, throughput, reliability, and security. The decentralized nature of the Sia network enables anyone with storage to get paid, lowering the barrier to entry and reducing the overall price of cloud storage.

The Sia cryptocurrency is live! You can rent storage using siacoins and hosts providing storage to the network receive compensation in the form of siacoins. The storage platform itself is still in beta, and only uploads that are 500mb or less in size are supported by the wallet.

Technology

Shark Cat Crypto Technology

The foundation of Sia is a proof of work blockchain. Storage contracts are a new type of transaction that get enforced by the blockchain. Sia's hashing algorithm is blake2b. p2pool and multisig wallets are both supported on Sia.

  When a file is uploaded to Sia, a storage contract is created containing the Merkle root of the file, a reward for the host, and a penalty for the host (both in siacoins). After an agreed-upon duration, the host is required to prove that the file is still available by providing a random Merkle proof. If the proof is valid, the host is rewarded; otherwise, the host is penalized.  Random numbers are generated deterministically using the most recent block as a seed.

Sia has support for two way payment channels, and two way contract diffs.  Among other things, this provides massive scalability, and eliminates the need for untrustworthy 0-confirmation transactions. Once you join a payment channel network, all transactions within that network will be instant and final, with no risk of a double spend.

Reliability is achieved by using erasure coding in a massively distributed environment. Erasure coding allows a file to be split into many pieces, such that the original file can be recovered using only a few of them. For example, you can take a 50 MB file, break it into 200 pieces that are 1 MB each, and then you can recover the original file from *any* 50 of the pieces. This method has the same overhead as creating 4 complete copies of the file, yet is much more reliable because it's much less likely that 151 out of 200 hosts will go offline than it is that 4 out of 4 hosts will go offline.

As the network grows, we will apply statistical analysis to determine the redundancy required to provide 99.9999% reliability on files. It is likely that 3x overhead is absurd overkill, and statistical analysis will give an accurate picture of how much overhead is required.

Using 200 hosts to store a file means that downloads can be massively parallel. Even if the average Sia host does not have quick upload speeds, the massive parallelism enabled by Sia means that downloads will be blazing fast anyway.  In addition, you can choose to connect only to the datacenters that are the closest and the fastest. This optimization (known as a CDN) is a hugely expensive project for a traditional cloud storage service, but for Sia it is a natural consequence of the decentralized network.

As security is a top priority of Sia, all encryption is performed locally; the people storing your files will have no ability to see what you have uploaded.  Not only is every file encrypted separately, every *piece* of every file is encrypted separately, and hosts are not told which pieces are part of the same file.

Features

Shark Cat - Detailed Information

Find everything you need to know about Shark Cat in this section.

What is the current price of Shark Cat?

2025-02-21 17:17:45 Today, the price of Shark Cat in US dollars is currently 0.00. If converted to BTC, the price is 4.66 BTC.

What is the 24-hour price change for Shark Cat?

2025-02-21 17:17:45 The price of Shark Cat is currently experiencing a change of -5.48% over the last 24 hours. This indicates the fluctuation in its price within a day, and can be useful to assess its short-term performance.

What is the available supply of Shark Cat?

2025-02-21 17:17:45 The available supply of Shark Cat is currently 989,895,519 SC. This refers to the total number of units of the cryptocurrency that are in circulation, excluding any that are yet to be mined or issued.

What is the market capitalization ofShark Cat?

The market capitalization of Shark Cat is currently 3,138,065.00 USD. Market cap is calculated by multiplying the current price by the total supply, providing a rough estimate of its overall value in the market.

What is the trading volume in the last 24 hours?

In the last 24 hours, a trading volume of approximately 0.004 million USD has been recorded for Shark Cat. This reflects the amount of market activity and how liquid the asset is during that time period.

What is the 7-day price change for Shark Cat?

The price of Shark Cat has changed by -1.80% over the last 7 days. This shows the longer-term trend in its price and can give an indication of market sentiment and volatility over a week.

What is the historical high price of Shark Cat?

The all-time high price of Shark Cat is currently not listed, but check for historical charts for detailed insights. It's important to track the highest price ever reached to gauge its peak market interest.

What technology supports Shark Cat?

The foundation of Sia is a proof of work blockchain. Storage contracts are a new type of transaction that get enforced by the blockchain. Sia's hashing algorithm is blake2b. p2pool and multisig wallets are both supported on Sia.

  When a file is uploaded to Sia, a storage contract is created containing the Merkle root of the file, a reward for the host, and a penalty for the host (both in siacoins). After an agreed-upon duration, the host is required to prove that the file is still available by providing a random Merkle proof. If the proof is valid, the host is rewarded; otherwise, the host is penalized.  Random numbers are generated deterministically using the most recent block as a seed.

Sia has support for two way payment channels, and two way contract diffs.  Among other things, this provides massive scalability, and eliminates the need for untrustworthy 0-confirmation transactions. Once you join a payment channel network, all transactions within that network will be instant and final, with no risk of a double spend.

Reliability is achieved by using erasure coding in a massively distributed environment. Erasure coding allows a file to be split into many pieces, such that the original file can be recovered using only a few of them. For example, you can take a 50 MB file, break it into 200 pieces that are 1 MB each, and then you can recover the original file from *any* 50 of the pieces. This method has the same overhead as creating 4 complete copies of the file, yet is much more reliable because it's much less likely that 151 out of 200 hosts will go offline than it is that 4 out of 4 hosts will go offline.

As the network grows, we will apply statistical analysis to determine the redundancy required to provide 99.9999% reliability on files. It is likely that 3x overhead is absurd overkill, and statistical analysis will give an accurate picture of how much overhead is required.

Using 200 hosts to store a file means that downloads can be massively parallel. Even if the average Sia host does not have quick upload speeds, the massive parallelism enabled by Sia means that downloads will be blazing fast anyway.  In addition, you can choose to connect only to the datacenters that are the closest and the fastest. This optimization (known as a CDN) is a hugely expensive project for a traditional cloud storage service, but for Sia it is a natural consequence of the decentralized network.

As security is a top priority of Sia, all encryption is performed locally; the people storing your files will have no ability to see what you have uploaded.  Not only is every file encrypted separately, every *piece* of every file is encrypted separately, and hosts are not told which pieces are part of the same file.

. Understanding the technology behind the asset is crucial for evaluating its functionality, scalability, and overall viability in the market.

Is there a whitepaper available for Shark Cat?

No whitepaper available.. A whitepaper provides an in-depth explanation of the project, its objectives, and technical structure.

What is the 1-hour price change for Shark Cat?

The price of Shark Cat changed by 0.99% over the past hour. This rapid fluctuation reflects short-term market behavior and can be an indicator of short-lived trends or news-driven movements.

What is the market rank of Shark Cat?

Shark Cat is currently ranked at position 1582 in the market. Market rank is an important indicator of how an asset compares to other cryptocurrencies in terms of market capitalization.

What are the trading pairs available for Shark Cat?

Trading pairs can be found on various exchanges. Visit our exchange list for more details. Trading pairs allow users to exchange Shark Cat with different cryptocurrencies or fiat currencies.

What social media pages are linked to Shark Cat?

Reddit: N/A, X: @NebulousLabs. Social media pages can provide updates and community discussions surrounding the asset, offering insights into public sentiment and news.

What wallets support Shark Cat?

Various wallets are available for SC. Please visit the wallet providers listed on the page. Choosing a secure and reliable wallet is essential for storing your SC safely.

What is the ICO status of Shark Cat?

N/A. The ICO status indicates whether the initial coin offering has concluded, is ongoing, or is yet to begin, which is crucial for potential investors.

When did the ICO start and end for Shark Cat?

Start: 1969-12-31, End: 1969-12-31. This provides important details for those interested in the project's fundraising timeline.

What is the token supply for Shark Cat?

. The total token supply is a key metric for assessing scarcity and inflation potential within the cryptocurrency market.

What are the main features of Shark Cat?

Sia uses a new cryptocurrency, called the siacoin. The developers will mine the first 100 blocks or so before releasing the code + miner to the public.  Other than these first blocks, there is no premine for siacoins. The first block reward will be 300,000 siacoins. Each block reward after that will be one siacoin smaller than the previous block reward (299,999, then 299,998, and so on). When the block reward reaches 30,000, all remaining blocks will give a 30,000 siacoin reward. The block time is 10 minutes. Each siacoin is composed of 10^24 indivisible units.

The most important features of Sia can only be accessed by using siacoins. All storage contracts and all Sia payment channels require owning siacoins. This requirement means that as Sia grows in usage, so too will demand for siacoins. As demand grows, the price will increase. If Sia is being used for billions of dollars of storage, billions of dollars of siacoins will be required. The value of the siacoin is inextricably tied to the amount of storage in use on the Sia network.

Sia has a second cryptocurrency, called the Siafund. 3.9% of all successful storage contract payouts go to the holders of the siafunds. There are 10,000 siafunds total, and all 10,000 are completely premined. Sia's parent company, Nebulous Inc., holds approximately 8750 of these siafunds. The remaining siafunds were sold in a crowdfund which helped to finance Sia's early development. The primary goal of siafunding is to provide a way to finance the development of Sia without relying on donations or a premine. More people using Sia means more funding available to hire more developers.

Standard transactions are not subject to the fee, and neither are failed storage contracts (where the host was offline or lost the file).

. The main features highlight the unique selling points of the cryptocurrency, from transaction speed to security, offering users a clearer view of its advantages.

Where can I find market news related to Shark Cat?

Keeping up with market news is important for making informed decisions regarding investments in Shark Cat. You can also check the latest news specifically about Shark Cat here.

What is the trading trend for the past 2 years?

Detailed historical price data can be found on the price history section of this page. Analyzing the past 2 years helps to understand long-term trends, such as market cycles and growth patterns.

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