Coinweb Price (CWEB)

Coinweb is a platform based on cross-chain computation intended to provide practical interoperability for real-world applications. The project has already started collaborating with traditional businesses with large customer bases as part of this goal. Further, the Coinweb platform solves fundamental problems with the current blockchain technology. This solution is achieved via the platform's unique architecture that merges the solution space with the underlying blockchains, providing an innovative way to solve existing bottlenecks. 

According to its whitepaper, the platform's unique approach is developed on the InChain architecture. This architecture allows Coinweb to enable its Dapps which allows the platform to deliver radical new solutions to fundamental issues. Further, this InChain architecture maximizes blockchain interoperability while minimizing tradeoffs on the platform, thus allowing Coinweb to combine and extend blockchains' functionality to provide developers with the capability to improve and expand existing DApp concepts. These changes, in turn, open up new possibilities for more significant innovation. 

Besides these facilities, the causal consistency model of Coinweb protects the protocol against instabilities in connected chains while maintaining complete application usability. Coinweb runs every transaction and computation parallel, regardless of whether the same event triggers the smart contracts. Thus, a single smart contract does not become a bottleneck when used by most of the network simultaneously. This mechanism allows the platform to enable decentralized apps to work continuously on top of a Pareto-optimal combination of chains. This Pareto-optimal combination signifies if one chain becomes less useful or another chain becomes more useful, a Dapps can efficiently move functionality to the more appropriate chain. Further to support these developments of Dapps on the platform and facilitate operation, Coinweb introduced its cryptocurrency, the CWEB token.

The CWEB is the multi-utility token of the platform that provides users access to the platform and is mainly used to fuel the platform. Besides these usages the token also serves as a medium of operations on the platform and is used for development, marketing, and facilitating user participation on the platform. 

Toby Gilbert is the founder and CEO of the Coinweb platform. In 2018, he invested in and led the Blockfort and OnRamp teams and co-founded and led the Coinweb project. The token of the platform has a total supply of 7,680,000,000 CWEB tokens.

We update our Coinweb to USD currency in real-time. Get the live price of Coinweb on Coinbase.

The current market cap of Coinweb is $7.91M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Coinweb is $0.18. This all-time high is highest price paid for Coinweb since it was launched.

Over the last 24 hours, the trading volume of Coinweb is $273.41K.

Assets that have a similar market cap to Coinweb include AVINOC, Scallop, Flamingo, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Coinweb is 2.4 billion.