|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Genesis Date||28th November 2021|
|Max Coin Supply||1,993,957,077|
IRISnet (iris) is a digital asset ranked as #311 in BitCourier Cryptocurrency List with market capitalisation of £100.89 M. Pound Sterling. In the last 24 hours IRISnet's trading volume exceeded £5.22 M.
Current price - £0.0861 GBP. Exchange rate iris to USD is $0.11 for one coin.
During the last calendar year IRISnet price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -4.59%. (iris)'s peak price (All-time high) was £0.22 per coin, this point was reached on 2nd April 2019 . From that moment till today IRISnet has lost -60.48% in value.
Ratings by crypto community, developers and liquidity are 8.704, 0.000, 44.170.
IRISnet is a blockchain infrastructure serving as a communication platform for other blockchains and their applications. The blockchain was founded in 2012 by Bianjie and Tendermint Inc. It is built with Cosmos-SDK, which supports token transfers in various blockchains and allows data consumption and computing resources across heterogeneous systems. IRISnet uses a Bonded Proof-of-stake (BPoS) consensus mechanism for security purposes.
A mechanism is a form of a Delegated Proo-of-Stake (DPoS). DPoS gives a chance to stakes with more tokens that they can earn more rewards. Since IRIS net supports interoperability, it is suitable for applications that require off-chain and inter-chain information exchange and collaboration. The native asset of the blockchain is IRIS, used for staking and delegating the consensus mechanism and paying for smart-contract executions and transaction fees.