KlerosPrice(PNK)
Details Kleros (PNK) Price information (USD)
The current real-time price of PNK is $0.0120. In the past 24 hours, PNK has traded between $0.0120 and $0.0124, showing strong market activity. The all-time high of PNK is $0.3802, and the all-time low is $0.0019.
From a short-term perspective, the price change of PNK over the past 1 hour is
Kleros (PNK) Market Information
Kleros (PNK) Today's Price
The live price of PNK today is $0.0120, with a current market cap of $8.751M. The 24-hour trading volume is 34K. The price of PNK to USD is updated in real time.
Kleros (PNK) Price History (USD)
What is KLEROS (PNK)?
When is the right time to buy PNK? Should I buy or sell PNK now?
Before deciding whether to buy or sell PNK, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s PNK technical analysis can provide you with trading references.
Future price trend of PNK
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for PNK.
How much will PNK be worth tomorrow, next week, or next month in ? What about your PNK assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! PNK Price Prediction
How to buy KLEROS (PNK)
Convert PNK to local currency
PNK Resources
To learn more about PNK, consider exploring other resources such as the whitepaper, official website, and other published information:
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KLEROS (PNK) FAQ
What is Kleros?
Kleros is a decentralized dispute resolution protocol built on the Ethereum blockchain, founded in 2017. Inspired by ancient Greek democratic methods, it aims to provide fast, secure, and affordable arbitration for various digital conflicts. Its primary function is to resolve subjective disagreements that smart contracts cannot address, acting as a decentralized justice system for the blockchain ecosystem.
What is the purpose and utility of the PNK token?
The Pinakion (PNK) token is Kleros' native cryptocurrency, central to its dispute-resolution mechanism. Its main purposes include staking for juror eligibility, incentivizing honest juror behavior through rewards and slashing, securing the system against Sybil attacks by making manipulation economically costly, and granting governance rights to holders to vote on protocol upgrades and parameters.
How does Kleros work and how are jurors selected?
Kleros uses game-theoretic incentives for fair outcomes. When a dispute arises, parties submit evidence and select a Kleros "court." Jurors are randomly selected from a pool of users who have staked PNK tokens, with higher stakes increasing selection chances. Jurors can specialize in subcourts. After reviewing evidence, jurors vote. Dissatisfied parties can appeal, triggering a new round with more jurors and increased fees, pushing decisions towards truth.
What are some common use cases for Kleros?
Kleros provides arbitration for diverse digital disputes, including decentralized escrow, content moderation, DeFi insurance claims, NFT authenticity verification, and DAO conflict resolution. It supports community-curated registries like T2CR, offers decentralized oracle services in collaboration with platforms such as Reality.eth, and addresses disputes in e-commerce, crowdfunding, and online gaming.
Can Kleros be 51% attacked, and how is it secured?
Kleros is designed to deter 51% attacks. The PNK token makes it economically prohibitive for an attacker to acquire enough tokens to control a majority of juror selections and manipulate outcomes. In the rare event of a successful attack, the Kleros community's last-resort defense is to fork the system, removing the attacker's holdings and causing substantial economic loss. Juror pseudonymity further protects against bribery and intimidation.
Do users of a DApp integrating Kleros need to hold PNK?
No, users of applications that integrate Kleros do not need to hold PNK tokens. The PNK token is primarily required for jurors who participate in the dispute resolution process. It powers Kleros as a middleware service, much like how users of a DeFi project might not need to hold Chainlink tokens even if the project uses Chainlink oracles.
