PowerloomPrice(POWER)
Details Powerloom (POWER) Price information (USD)
The current real-time price of POWER is $0.0004. In the past 24 hours, POWER has traded between $0.0004 and $0.0004, showing strong market activity. The all-time high of POWER is $0.3301, and the all-time low is $0.0003.
From a short-term perspective, the price change of POWER over the past 1 hour is
Powerloom (POWER) Market Information
Powerloom (POWER) Today's Price
The live price of POWER today is $0.0004, with a current market cap of $83,451.38. The 24-hour trading volume is 10.01. The price of POWER to USD is updated in real time.
Powerloom (POWER) Price History (USD)
What is POWERLOOM (POWER)?
When is the right time to buy POWER? Should I buy or sell POWER now?
Before deciding whether to buy or sell POWER, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s POWER technical analysis can provide you with trading references.
Future price trend of POWER
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for POWER.
How much will POWER be worth tomorrow, next week, or next month in ? What about your POWER assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! POWER Price Prediction
How to buy POWERLOOM (POWER)
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POWER Resources
To learn more about POWER, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x7b18...499107  | 186.000M | 18.6% |
ethereum | 0x1fe3...44fd3f | 141.666M | 14.17% |
ethereum | 0x8d54...b63f6a | 110.000M | 11% |
ethereum | 0x379a...f5b3b5 | 86.681M | 8.67% |
ethereum | 0x1f77...ab07da | 72.519M | 7.25% |
Other | 403.132M | 40.31% |
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POWERLOOM (POWER) FAQ
What is Powerloom and how does it function within the Web3 ecosystem?
Powerloom is a decentralized data indexing protocol designed to provide real-time, consensus-backed data for Web3 applications across sectors like DeFi and GameFi. It functions as a decentralized data layer that indexes blockchain state changes and event emissions. These data points are validated through a distributed network of peer nodes to ensure high accuracy and reliability. By utilizing a system of snapshots and peer consensus, Powerloom allows developers to create custom dashboards, bots, and applications with composable data without the burden of maintaining their own complex indexing infrastructure.
How does Powerloom's approach to data indexing differ from other industry solutions?
Unlike traditional indexing services that may require developers to write complex specific sub-structures or rely on more centralized API models, Powerloom focuses on a decentralized snapshot mechanism. This approach emphasizes peer-to-peer consensus to verify data accuracy. The protocol allows for highly composable data, meaning builders can quickly assemble and deploy custom data sets. This decentralization reduces reliance on single points of failure and provides a more robust, transparent framework for real-time data access compared to protocols that are still transitioning away from centralized architectures.
What are the primary utilities of the $POWER token?
The $POWER token serves several critical functions within the ecosystem. It acts as an incentive mechanism where Snapshotters and validators earn tokens for providing and verifying data. Staking $POWER is mandatory for those wishing to run nodes or contribute to network security. Furthermore, developers and applications pay in $POWER to access processed datasets. Finally, the token grants governance rights, allowing holders to participate in voting on protocol upgrades and the expansion of data markets, ensuring the community has a say in the project's direction.
Where can users trade the $POWER token?
The $POWER token is available for trading on major cryptocurrency exchanges. Users looking to acquire or trade $POWER can find it listed on LBank. By using LBank, traders can access the liquidity needed to participate in the Powerloom ecosystem, whether for staking in node operations, paying for data services, or participating in the protocol's governance.
What are the hardware requirements and security best practices for running a Snapshotter node?
To operate a Snapshotter node, users need a system with at least 2 CPU cores (4 recommended), 4GB of RAM (8GB recommended), and 40GB of SSD storage, utilizing Docker for deployment. For security, Powerloom employs a Burner Wallet system. Because the node requires a private key in its configuration, users should generate a dedicated burner wallet with no assets. This burner wallet is assigned to the Node NFT via the dashboard, protecting the user's primary assets and the NFT itself from exposure while maintaining node operations.
How are node rewards calculated and what are common troubleshooting steps for operators?
Rewards are distributed as daily $POWER earnings based on the number of epochs a node successfully verifies and its ability to reach consensus with the network. High uptime is critical, as frequent downtime can lead to slashed rewards. A common technical issue is the Container Unhealthy error, often caused by poor-quality RPC URLs or insufficient hardware resources. Operators should use reliable RPC providers and monitor performance via the official Snapshotter Dashboard. Support is also available through community channels for resolving specific errors like Slot ID issues.
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