What is Amepay

Article Summary, Automatically Generated By AI

Summary of AME Chain

Key Points

  • AME Chain is a Quantum secured Blockchain with high performance and scalability.
  • It’s EVM compatible and facilitates peer-to-peer communication, Smart contracts, and applications via its native currency AME.
  • AME Chain is a Turing complete blockchain framework, compatible with Ethereum Virtual Machine (EVM).
  • It uses Proof-Of-Authority (PoA) as the consensus method.

Unique Features

  • Uses Quantum random numbers (QRN) generated from a laser-based quantum source for cryptography.

Numbers and Figures

  • Total and maximum supply:

Introducing AME Chain: Pioneering the Future of Blockchain

Introducing AME Chain (AME): A Revolutionary Blockchain Ecosystem

AME Chain is a quantum-secured blockchain that boasts EVM compatibility, high performance, and scalability. This ambitious project is dedicated to establishing an unconditionally secure blockchain, impervious to the threats posed by quantum computing. AME Chain is a platform that facilitates peer-to-peer communication, smart contracts, and applications via its native currency, AME. The primary purpose of AME is to facilitate and monetize the operation of AME Chain, enabling developers to build and run distributed applications (DApps). As a Turing-complete blockchain framework, AME Chain provides a foundation for programming languages, allowing users to write contracts that can solve any reasonable computational problem. Compatible with the Ethereum Virtual Machine (EVM), a consensus-based virtual machine, AME Chain decodes compiled contracts in bytecodes and executes them on the Ethereum network nodes. Additionally, it employs algorithms to prevent denial-of-service attacks commonly observed in cryptocurrency markets. The AME Chain network consists of a group of nodes, interconnected in a peer-to-peer mechanism, each containing a copy of the entire blockchain data store. These nodes compete to mine the next block by validating transactions. When a new block is added, the blockchain is updated and propagated to the entire network, ensuring every node is in sync. AME Chain utilizes Proof-of-Authority (PoA) as its consensus method, granting a small, designated number of blockchain actors the authority to validate transactions or interactions with the network and update its distributed registry.

Unveiling the Unparalleled Attributes of AME Chain

AME Chain is a pioneering quantum blockchain that leverages the power of quantum security to safeguard its cryptographic protocols, encompassing encryption, hashing, and digital signatures. Notably, whereas conventional blockchains rely on Pseudo Random Numbers (PRNs) for these operations, AME Chain distinguishes itself by harnessing Quantum Random Numbers (QRNs) generated from a cutting-edge, laser-based quantum source.

The Circulating Supply of AME Chain (AME) Coins: An Overview

The total and maximum supply of AME is capped at 1 billion, with 1 billion AME already in circulation. Notably, the initial seed sale, which took place in September 2020, saw the AME price pegged at $0.005. In light of the recent all-time high, this represents a remarkable 20-fold return on investment (ROI).

The AME Chain Network’s Robust Security Mechanisms

  • The AME Chain network is fortified by a multi-layered security framework.
  • Quantum security is ensured through the utilization of Quantum Random Numbers in cryptographic operations, providing an additional layer of protection.
  • Cryptographic hashes are employed to generate and validate blocks, guaranteeing the integrity of the network.
  • A Proof-of-Authority consensus mechanism is implemented, facilitating trustless collaboration between trusted nodes.

Acquiring AME Chain (AME): A Comprehensive Guide to Exchanges and Marketplaces

AME coin can be acquired on a select few exchanges. One prominent option for trading AME is MEXC, which boasts the highest AME/USDT trading volume, a substantial $137,322,203 as of March 2024. The next notable platform is Gate.io, with a respectable trading volume of $90,112,897. It is essential to acknowledge that investing in cryptocurrency, like any other investment opportunity, inherently carries risk.

Scroll to Top