ReapChainPrice(REAP)
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ReapChain (REAP) Price information (USD)
The current real-time price of REAP is $0.0{4}1312. In the past 24 hours, REAP has traded between $0 and $0, showing strong market activity. The all-time high of REAP is $2.79, and the all-time low is $0.0{5}1660.
From a short-term perspective, the price change of REAP over the past 1 hour is
ReapChain (REAP) Market Information
ReapChain (REAP) Today's Price
The live price of REAP today is $0.0{4}1312, with a current market cap of --. The 24-hour trading volume is 13K. The price of REAP to USD is updated in real time.
ReapChain (REAP) Price History (USD)
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What is REAPCHAIN (REAP)?
When is the right time to buy REAP? Should I buy or sell REAP now?
Before deciding whether to buy or sell REAP, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s REAP technical analysis can provide you with trading references.
Future price trend of REAP
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for REAP.
How much will REAP be worth tomorrow, next week, or next month in ? What about your REAP assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! REAP Price Prediction
How to buy REAPCHAIN (REAP)
Convert REAP to local currency
REAP Resources
To learn more about REAP, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x0d07...b492fe  | 332.364M | 15.11% |
ethereum | 0x7563...8cba12 | 269.950M | 12.27% |
ethereum | 0xc433...155ec8 | 130.069M | 5.91% |
ethereum | 0xe413...ae63ff | 91.497M | 4.16% |
ethereum | 0x84e3...caba23 | 72.000M | 3.27% |
Other | 1.304B | 59.28% |
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REAPCHAIN (REAP) FAQ
What is ReapChain?
ReapChain is a hybrid blockchain project designed to solve the "blockchain trilemma" (scalability, security, and decentralization) by integrating blockchain technology with the Internet of Things (IoT) industry. It aims to create a more secure and transparent IoT ecosystem, tackling issues like security vulnerabilities and data processing limitations prevalent in the current IoT market.
What problems does ReapChain aim to solve?
ReapChain tackles the blockchain trilemma (scalability, security, decentralization) and critical IoT issues. It addresses security concerns in IoT devices due to a lack of authentication and the challenges of processing large data volumes at high speeds with traditional centralized methods. Specifically, it prevents data contamination and enhances security in IoT by providing unique identification to objects.
What is ReapChain's core technology or structure?
ReapChain utilizes a Shell-Core structure, combining a private blockchain (ReapMiddleChain) for high-speed processing with a public chain for transparency. Its consensus algorithm is Proof of Double Committee (PoDC), an improved DPoS/BFT for enhanced security and decentralization. The Reap SDK connects and authenticates IoT devices using unique Private IDs (PIDs) to prevent data forgery, while ReapMiddleChain rapidly processes time-series data using cell block processing.
How does ReapChain achieve high transaction speed?
ReapChain aims for high transaction speeds, targeting 2,500 transactions per second (TPS) on its main chain and 100,000 TPS on ReapMiddleChain. This is primarily achieved through a rapid 2-second block generation cycle and its innovative Shell-Core structure. Within this structure, ReapMiddleChain efficiently processes time-series data at high speeds using a method called cell block processing, ensuring quick and distributed data handling for IoT applications.
Where is ReapChain used, and what are its use cases?
ReapChain focuses on the IoT industry for secure data management and device authentication. Key use cases include Cold Chain Logistics for temperature-sensitive products, integrated payment services like PayNara, and store management solutions such as NaeilDream. It also supports traditional market platforms (Jangboda), FinTech applications (payment, credit, remittances), and gaming (real-time NFT transactions). ReapChain BaaS further facilitates blockchain solution development across various IoT fields.
What is the REAP token used for?
The REAP token is ReapChain's native cryptocurrency, essential for network operations. It's used for transaction fees, rewards, and incentives. Users can delegate REAP to standing committees to receive compensation. The token also plays a vital role in fostering a competitive business model and a prosperous token economy, supporting the activation of IoT specialized platforms, and enabling reasonable fee and incentive systems within the ecosystem.
