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About NAC

Nirvana Chain: Born for decentralized application development.Support multiple consensus mechanisms, distributed storage, dynamic pricing, anti-quantum computing, cross-chain computing and other innovative technologies. Support diverse consensus mechanisms, distributed storage, dynamic pricing, anti-quantum computing, cross-chain operations and other innovative technologiesNirvana Chain hopes to improve the public chain ecology through its own advanced technology concept.Realize decentralized applications with low learning threshold and ease of use.The perfect application of the traditional technology ecology into the chain change.Application main chain: based on POWF consensus mechanism . Application instance: logic chain (DPOS/Custom) + data chain (DAG)The consensus layer is the core part of the blockchain protocol, which defines the consensus algorithm and block data paradigm. NA uses an innovative heterogeneous composite chain consensus mechanisms ,Users can choose the consensus mechanism that best suits their application requirements.Lightweight Turing complete virtual machine developed by NA Ecosystem. A high-performance block chain network distributor aims to provide an efficient, convenient, stable, secure and scalable custom blockchain system. It is not a simulation of a physical machine through an operating system. NVM supports microservice architecture, , At the same time, it has the function of dynamic analysis, which can realize the development of dynamic Web rendering (similar to ASP/PHP/JSP)

Nirvana Chain (NAC) is a cryptocurrency launched in 2022. NAC has a current supply of 16.57M with 0 in circulation. The last known price of NAC is 0.693357685454 USD and is 0.03897935808 over the last 24 hours. It is currently trading on active market(s) with $49,045.42 traded over the last 24 hours. More information can be found at https://nachain.org/.

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NAC Price Statistics
NAC’s Price Today
24h Price Change
+$0.038979358085.96%
24h Volume
$49,045.420.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8191
NAC Market Cap
Market Cap
$0
Fully Diluted Market Cap
$52.00M
NAC Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
NAC Supply
Circulating Supply
0
Total Supply
16.57M
Max Supply
75.00M
Updated Jul 16, 2024 10:05 am
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NAC
Nirvana Chain
$0.693357685454
$0.03897935808(+5.96%)
Mkt Cap $0
There's nothing here for now
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
Hong Kong Treasury Department: Stablecoin issuers must have full reserves
The Hong Kong Treasury Department said that in view of the important role of fiat stablecoins in the Web3 and virtual asset ecosystem, and the increasingly close connection between the traditional financial system and the virtual asset market, the SAR government needs to establish a regulatory system for fiat stablecoin issuers to regulate in a risk-based and pragmatic manner. The three main requirements include reserve management and stability mechanisms (for example, requiring issuers to ensure that fiat stablecoins are fully backed by high-quality and highly liquid reserve assets), redemption requirements, and regulatory requirements such as governance, knowledge and experience. In addition, the Hong Kong Treasury Department recommends that only licensed fiat stablecoin issuers, banks, licensed corporations, and licensed virtual asset trading platforms can sell fiat stablecoins in Hong Kong or actively promote related services to the public in Hong Kong. For existing stablecoin issuers, the proposed regulatory system will also have corresponding transitional arrangements. In addition, the Treasury Department hopes that an appropriate and internationally recommended regulatory system for fiat stablecoin issuers can provide users with sufficient protection to deal with potential risks to monetary and financial stability, so that Hong Kong's virtual asset ecosystem can develop sustainably and responsibly.
Jul 16, 2024 10:06 am

Frequently Asked Questions

  • What is the all-time high price of Nirvana Chain (NAC)?

    The all-time high of NAC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Nirvana Chain (NAC) is 0. The current price of NAC is down 0% from its all-time high.

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  • How much Nirvana Chain (NAC) is there in circulation?

    As of , there is currently 0 NAC in circulation. NAC has a maximum supply of 75.00M.

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  • What is the market cap of Nirvana Chain (NAC)?

    The current market cap of NAC is 0. It is calculated by multiplying the current supply of NAC by its real-time market price of 0.693357685454.

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  • What is the all-time low price of Nirvana Chain (NAC)?

    The all-time low of NAC was 0 , from which the coin is now up 0%. The all-time low price of Nirvana Chain (NAC) is 0. The current price of NAC is up 0% from its all-time low.

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  • Is Nirvana Chain (NAC) a good investment?

    Nirvana Chain (NAC) has a market capitalization of $0 and is ranked #8191 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Nirvana Chain (NAC) price trends and patterns to find the best time to purchase NAC.

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