CELO
(CELO)
$1.3194USD
-4.65%(-0.06430000)
Watch
Low(24H)$1.2476 USD
Market cap$580,276,159.57 USD439,191,694 CELO
Circulating supply439,191,694 CELO
High(24H)$1.4511 USD
Volume(24H)$68,312,008.53 USD51,773,600 CELO
Max supply1,000,000,000 CELO
2.57
Chart
Exchange
Market Attention
Data Analysis
Holder24h
-4.65%
7d
-13.29%
30d
-55.22%
3mo
-48.53%
6mo
-75.43%
1y
-63.29%
All
- -
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1w
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CELO (CELO) Intro
Celo is a blockchain protocol that aims to address some of the barriers to crypto asset adoption (user experience and volatility) by using phone numbers as public keys and issuing native stable-value tokens. < SPAN > The network supports the development of smart contracts and decentralized applications. Its first app, Celo Wallet, is intended to be a mobile-centric social payment system. Celo has two major cryptographic assets: Celo and Celo Dollars. Celo (Celo) is the native asset of the protocol. It acts as a utility that enables users to participate in network consensus (through its proof-of-claim system) to pay for on-chain transactions and to vote on governance decisions. Celo Dollars (cUSD) is a stable asset that tracks the U.S. dollar.
< SPAN > By 2025, the number of smartphone users will exceed 7 billion, But there are fewer than 100 million cryptocurrency users. According to the Celo Foundation, availability and price stability remain the two main barriers to cryptocurrency adoption. Celo's mobile-first approach fills this gap.
< SPAN > Key technical innovations that promote adoption include:
- Fast lightweight transactions (block headers optimized for fast mobile phone synchronization). The ability to send currency to a phone number (a lightweight identity protocol that maps the hash of a phone number to a public key -- making it easier for anyone with a mobile phone to send and receive digital currency to anyone in the world). < LI >< SPAN > The option to automatically deduct transaction fees and pay gas in stable currency (as low as $0.01). Stablecoin, starting with cUSD, is backed by decentralized reserves to help provide stability, transparency and auditable.
Base data
Link
Websitehttps://celo.org/
Whitepaperhttps://celo.org/papers/whitepaper
Source codehttps://github.com/celo-org
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