$ 0.1186 USD
$ 0.1186 USD
$ 56.714 million USD
$ 56.714m USD
$ 400,501 USD
$ 400,501 USD
$ 7.061 million USD
$ 7.061m USD
480.734 million FORT
Issue Time
2022-06-16
Platform pertained to
--
Current coin price
$0.1186USD
Market Cap
$56.714mUSD
Volume of Transaction
24h
$400,501USD
Circulating supply
480.734mFORT
Volume of Transaction
7d
$7.061mUSD
Change
24h
0.00%
Number of Markets
37
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+14.46%
1Y
-26.66%
All
-81.29%
Aspect | Information |
---|---|
Short Name | Forta |
Full Name | Forta (FORT) |
Founded Year | 2022 |
Main Founders | Yeti Youghurt, Evan Cheng, Itay Malinger |
Support Exchanges | Coinbase, Uniswap v3 (Ethereum), KuCoin, etc. |
Storage Wallet | MetaMask, Trust Wallet, etc. |
Forta (FORT) is a type of digital currency that operates on its own distinctive blockchain technology. This cryptocurrency applies complex algorithms to record and verify online transactions. Much like other cryptocurrencies, Forta exists in a decentralized system, meaning it is not governed by any central authority such as a bank or government. Forta's underlying technology permits users to make transactions peer-to-peer, hiding personal information and ensuring security. Its utility within its blockchain ecosystem can vary, depending on the design principles of the blockchain it resides on. The volatility of its market value is typically influenced by supply and demand dynamics in marketplace, as well as macroeconomic factors.
Pros | Cons |
---|---|
Decentralized System | Subject to Market Volatility |
Security through Encryption | Lack of Regulatory Oversight |
Peer-to-Peer Transactions | Potential for Misuse |
Potential for High Return on Investment | Risk Due to Lack of Consumer Protections |
Forta (FORT) showcases innovation through its distinctive blockchain technology which applies complex algorithms for recording and verifying online transactions. This technology not only heightens security but also ensures anonymity and efficient peer-to-peer transactions. However, it's worth noting that like other cryptocurrencies, Forta operates in a decentralized system and it isn't immune to market volatility and other risks associated with cryptocurrencies.
What sets Forta apart from some other cryptocurrencies is how it leverages its unique infrastructure. The specifics of its operations, the level of security it provides, and the overall performance could differ based on the design principles of the blockchain it resides on. However, detailed aspects of such differentiation must be examined in-depth on the platform's core documentation and whitepaper, which aggregate its technical and functional specifics.
As an objective introduction, the Forta (FORT) functions on a distinctive self-contained blockchain technology wherein each new transaction is verified and recorded on this blockchain in a series of blocks. The process begins when a transaction is made. This transaction is bundled with others that have occurred in a similar time frame into a block.
This block, filled with transaction data, is then broadcasted to network of nodes or computers participating in the Forta network, these devices then compete to validate the transactions through innovative consensus mechanisms. Once validated, the block of transactions is added to the existing chain of previous transactions, hence the term “blockchain”, making it near impossible to be altered or removed.
Forta's decentralized nature ensures that it operates independently of any central authority. This, along with applied complex algorithms, provides security, anonymity, and facilitates peer-to-peer transactions.
As an AI, I don't have real-time data, hence I cannot provide up-to-date information on which exchanges currently support Forta (FORT) or the specific currency and token pairs available for Forta (FORT) on these exchanges. This is because the availability of Forta (FORT) on cryptocurrency exchanges could vary due to factors such as regulatory considerations, liquidity and exchange policies.
However, I can guide you on how to find this information:
1. Crypto Market Cap Websites: Sites like CoinMarketCap and CoinGecko typically list the exchanges where a cryptocurrency is available. When you find Forta (FORT) on these sites, click on the 'Markets' tab to view the exchanges where it's listed.
2. Cryptocurrency Exchanges: Check the website or application of popular cryptocurrency exchanges. They typically have a search function where you can look up whether they offer Forta (FORT). Also they list, the specific trading pairs (like FORT/USD, FORT/BTC, etc.)
3. Forta (FORT) Official Website or Social Media: Follow Forta (FORT)'s official website and their social media channels for updates on new listings.
Storing cryptocurrency like Forta (FORT) involves using a digital wallet. A digital wallet can be software-based (on your computer or mobile device) or hardware-based (physical devices that store cryptocurrencies offline). These wallets use private keys to access the cryptocurrency, and they provide a layer of security for your assets.
For Forta (FORT) specifically, it's important to use wallets that support its blockchain technology. Below are different types of wallets that might be utilized, depending on their compatibility:
Software Wallets: Also known as “hot” wallets, these are applications that can be installed on a computer or smartphone. Some are specific to a single cryptocurrency, while others can hold many different types. Some examples include Exodus, Atom Wallet, and Jaxx.
Hardware Wallets: These are physical devices that hold cryptocurrency offline in “cold storage.” They are considered to be highly secure because they are less susceptible to hacking and online threats. Some examples are Trezor and Ledger.
Q: What type of cryptocurrency is Forta (FORT)?
A: Forta (FORT) is a digital currency that operates on its proprietary blockchain technology ensuring secure, decentralized, and peer-to-peer transactions.
Q: Can you describe how Forta's blockchain technology works?
A: Forta uses its unique blockchain infrastructure to validate and record transactions in chains of blocks with the use of complex algorithms, facilitated by a network of nodes ensuring security and decentralization.
Q: What are the unique aspects of Forta (FORT) compared to other cryptocurrencies?
A: Forta possesses a distinctive blockchain technology facilitating secure and anonymous peer-to-peer transactions, however, its specific uniqueness compared to other cryptocurrencies would require detailed analysis of its platform's core principles and technical documentation.
Q: What risks are associated with Forta (FORT)?
A: Risks associated with Forta (FORT) include market volatility, potential misuse due to its decentralized nature, and a lack of broad regulatory oversight similar to other cryptocurrencies.
Q: Where can I purchase Forta (FORT)?
A: The specific exchanges supporting Forta (FORT) would require real-time data which can be obtained from online crypto market cap websites, the exchanges' platforms or Fortas official channels.
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