Market cap
$40.78K
3.27 %
Volume (24h)
$44.47
3.27 %
Circulating supply
447,187,481 UMB
Total supply
447,532,308 UMB
Max. supply
447,532,308 UMB
Umbala Network (UMB)
$ 0.00
3.27 %
Main info
News
Comments
Markets
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Key data
updated $0Market cap$40.78K
Volume 24h$44.47
Circulating supply447.19M100% of max 447.53M
All-time high$2.62-100% from peak · 2021-02-09
Umbala Network (UMB) is a cryptocurrency project that operates under the ticker UMB. In simple terms, it's a digital coin designed to work within its own network, where transactions are recorded on a blockchain instead of being processed by banks. The project has a fixed maximum supply of 447,532,308 coins, which means no more UMB can ever be created beyond that limit.
Frequently asked questions
What is Umbala Network and how is it different from Bitcoin?
Umbala Network is a blockchain project with its own native coin, UMB, used to power activity within its ecosystem. Unlike Bitcoin, which focuses primarily on being a store of value and payment network, each project like Umbala typically builds its own features and use cases around its token. The main thing to check is its hard cap of 447,532,308 coins, which defines its total possible supply.
How does Umbala Network's technology work?
Like most blockchain networks, Umbala relies on a distributed ledger where transactions are validated by network participants rather than a central authority. The specific consensus mechanism determines how new blocks are added and how the network stays secure. For technical details, it's best to consult the project's official documentation, as implementations can vary and evolve.
How is UMB emission structured?
UMB has a hard cap of 447,532,308 coins, meaning the total supply can never exceed this number. This fixed limit is written into the protocol and cannot be changed without network consensus. A capped supply is often compared to Bitcoin's model, where scarcity is enforced by code rather than by a company's decision.
How can I store and use UMB coins?
To store UMB, you'll need a wallet that supports the coin — this can be the project's official wallet or a compatible third-party one. Always verify wallet addresses and download software only from official sources to avoid scams. Beyond holding, UMB can typically be used for transactions within the network or wherever the project's ecosystem accepts it.