
Swaperry (PERRY)
Key data
updated $0Swaperry (PERRY) is a cryptocurrency that trades under the ticker PERRY. In simple terms, it's a digital coin that can be sent and received over a blockchain network without intermediaries like banks. Like most crypto assets, it lives entirely online and is secured by cryptography rather than by any central authority.
Frequently asked questions
What is Swaperry and how is it different from Bitcoin?
Swaperry is a standalone cryptocurrency with its own ticker, PERRY, whereas Bitcoin was the first and largest blockchain network. Each project has its own design goals, community and technical setup. The main practical difference for a newcomer is that they are separate assets with different networks, so you can't send PERRY to a Bitcoin address.
How does Swaperry work technically?
Like other cryptocurrencies, Swaperry records transactions on a distributed ledger maintained by a network of computers. The network agrees on the state of this ledger through a consensus mechanism, which prevents double-spending without a central referee. This is what lets users transfer value directly to each other.
How is the supply of PERRY issued?
Swaperry has a hard cap of 1,000,000,000 coins, meaning no more than a billion PERRY can ever exist. A fixed maximum supply is a common design choice that prevents unlimited money printing. Once the cap is reached, no new coins are created.
How can I store and use Swaperry?
PERRY is stored in a crypto wallet — either a software wallet on your phone or computer, or a hardware wallet for better security. The wallet holds your private keys, which act as proof of ownership, so never share them with anyone. With a wallet you can send, receive and hold coins at any time.