Cryptocurrency Knowledge

What is SIX?

Get to know SIX

Table of Contents

What is SIX Network (SIX)?

Six Network (SIX) was founded with a mission to address inefficiencies in the digital and creative industries.
Through a blockchain-based solution, the project has presented SIX Digital Asset Wallet for digital content management,
Decentralized Financial Services (DeFi) To improve payment processes, and tokenization solutions
For cross-platform asset exchanges.

Native Blockchain:

Six is a common token used in applications or projects with common transactions.
For example, exchanges or services on Ethereum will use the ERC-20 standard.

Protokola Konsensus:

Six Network (SIX) uses Proof of Stake (PoS) as the primary protocol for blockchain authentication.
For blockchain operations, in PoS systems, those who hold the blockchain's tokens can use those tokens for “staking.”
To help verify transactions and create new blocks on the network.

Founder/Date Founded:

Six Network (SIX) was founded by Mr. Natthawut Pueng Charoenpong and Mr. Watchara Emwat

Objective/Use case:

SIX Network (SIX) is a token developed to promote the new digital economy.
Using blockchain and Smart Contract technologies to improve wallet-to-wallet connectivity.
At the same time, it creates a transparent, fair, safe and efficient ecosystem for all participants in the digital creative economy.

Total supply/Limit or Unlimited:

The Six Network (SIX) has a total of 1 billion tokens. This figure represents the total number of tokens available in the system.
The total number of SIX tokens is subject to change based on updates from the project or information provided by the development team.

Supply Deflation:

Six Network (SIX). Coin burning is done by sending SIX tokens to an unavailable address (burn address).
This is an unattended or accessible pocket address where sending tokens to this address makes them unusable.
And it will disappear from the system permanently.

Source:

https://six.network

www.coinbase.com

https://coinmarketcap.com

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