Market cap
$1.81M
9.42 %
Volume (24h)
$0.79
9.42 %
Circulating supply
20,999,729 EFL
Total supply
20,999,729 EFL
Max. supply
21,000,000 EFL
ElectronicGulden (EFL)
$ 0.09
9.42 %
Main info
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Key data
updated $0Market cap$1.81M
Volume 24h$0.79
Circulating supply21M100% of max 21M
ElectronicGulden (EFL) is a cryptocurrency designed as a digital alternative to traditional currencies. It operates on a Proof-of-Work (PoW) consensus mechanism, making it mineable and decentralized. EFL aims to provide a secure and transparent way to transfer value online.
Frequently asked questions
What is ElectronicGulden (EFL)?
ElectronicGulden (EFL) is a decentralized cryptocurrency that uses Proof-of-Work (PoW) for transaction validation. It’s designed to be a digital alternative to traditional currencies, focusing on security and transparency.
How does EFL’s technology work?
EFL operates on a Proof-of-Work (PoW) consensus mechanism, where miners solve complex mathematical problems to validate transactions and secure the network. This ensures decentralization and prevents double-spending.
How is EFL created and distributed?
EFL is mineable, meaning new coins are generated through the PoW process. Miners receive rewards for validating transactions, which controls the supply and incentivizes network participation.
How can I store and use EFL?
EFL can be stored in compatible cryptocurrency wallets that support the network. It can be used for peer-to-peer transactions, online payments, or as a store of value, depending on user needs.