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Concordium

Concordium (CCD)

$ 0.00
3.14 %
Main info
News
Comments
Markets
Analytics
Market cap
$45.77M
3.14 %
Volume (24h)
$172.73K
3.14 %
Circulating supply
11,662,228,838 CCD
Total supply
14,102,961,016 CCD

Key data

updated $0
Market cap$45.77M
Volume 24h$172.73K
Circulating supply11.66B
All-time high$0.15-98% from peak · 2022-02-10

Concordium (CCD) is a layer-1 blockchain designed with built-in identity verification at the protocol level — a feature most other public chains don't have. Its native token, CCD, is used to pay transaction fees, stake for network security, and interact with apps on the platform. In simple terms, it's a public blockchain that tries to combine transparency with a degree of accountability, making it interesting for businesses that need compliance-friendly infrastructure.

Frequently asked questions

What is Concordium and how is it different from other blockchains?

Concordium is a public layer-1 blockchain whose main distinguishing feature is built-in identity: every account is linked to a verified real-world identity, encrypted and held by third-party validators, not the network itself. This aims to offer the privacy of a public chain with the accountability regulators and enterprises typically demand. Most other public blockchains offer either full anonymity or permissioned access, while Concordium sits in between.

How does Concordium's consensus work?

Concordium uses a two-layer consensus: a fast finality layer based on a committee-selected lottery-like process, combined with a Nakamoto-style blockchain for ordering transactions. This design gives quick, deterministic finality — once a transaction is confirmed, it doesn't get reverted. The network is secured by CCD stakers, who lock tokens to validate blocks and earn rewards.

How is CCD issued and what's the supply model?

CCD has a fixed maximum supply of 10 billion tokens. New CCD enters circulation through block rewards paid to stakers, with the per-block reward decreasing over time according to a protocol-defined schedule. This makes emission predictable and gradually declining, similar in spirit to Bitcoin's halving logic but with a smoother curve.

How can you store and use CCD?

CCD can be stored in Concordium's official wallets, such as the browser-based Concordium Wallet for Web and mobile apps, or in third-party wallets that support the network. Beyond holding, CCD is used to pay transaction fees, deploy and interact with smart contracts, and stake to help secure the chain and earn rewards. Always double-check wallet sources, as fake apps are a common scam vector.