Buy GEEQ
What is GEEQ?
GEEQ is a multi-blockchain platform that utilises the Proof of Honesty (PoH) consensus mechanism. It aims to be secure, scalable, and flexible, facilitating a wide range of applications, including smart contracts and peer-to-peer transactions. GEEQ is distinguished by its focus on scalability, security, low transaction costs, and environmental sustainability.
How does GEEQ work?
GEEQ operates on a decentralised multi-chain architecture that allows for the creation of independent but interoperable blockchains. The core consensus mechanism, Proof of Honesty (PoH), is designed to ensure 99% Byzantine Fault Tolerance, securing the network's integrity by requiring validators to be honest and accountable. This mechanism is not dependent on the behaviour of a centralised validator network, offering a secure environment without requiring an honest majority.
What are the potential use cases for GEEQ?
GEEQ supports a broad spectrum of use cases including:
- Digital Payments: Facilitating secure and low-cost transactions.
- Supply Chain Management: Offering transparency and automation for supply chain operations.
- Smart Manufacturing: Ensuring compliance and data integrity in manufacturing processes.
- Data Integrity: Securing data storage and ensuring authenticity.
- Micropayments: Providing low-cost solutions ideal for IoT transactions.
- Remittances: Enabling secure and cost-efficient international money transfers.
What is the history of GEEQ?
GEEQ was founded in 2017 by John P. Conley and Ric Asselstine. It arose from their dissatisfaction with the security and decentralisation of existing blockchain solutions. The research direction was established in 2018, with a focus on creating a truly decentralised and secure platform. Significant milestones include the filing and granting of a patent for its technology, culminating in October 2022. Over time, GEEQ has evolved through innovations like its multi-chain architecture and PoH consensus mechanism, and it has formed strategic partnerships to bolster its blockchain capabilities and applications.
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Frequently Asked Questions (FAQs)
What is the current price of GEEQ (GEEQ)?
The GEEQ price is $0.17323718 AUD, representing a -6.45% from the day prior.
Where is the best place to buy GEEQ (GEEQ) in Australia?
The best place to buy GEEQ (GEEQ) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell GEEQ (GEEQ) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of GEEQ (GEEQ)?
The trading volume of GEEQ (GEEQ) is $340.4K AUD in the last 24hrs, representing a -6.45% from the day prior.
How can I buy GEEQ (GEEQ)?
GEEQ (GEEQ) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of GEEQ (GEEQ)?
The current market cap of GEEQ (GEEQ) is $9.2M AUD.
Can I convert GEEQ (GEEQ) to cash?
Yes - With Coinstash you can convert your GEEQ (GEEQ) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many GEEQ (GEEQ) are there?
The current circulating supply of GEEQ (GEEQ) is 54.5M.
Is Coinstash a safe place to buy GEEQ (GEEQ) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling GEEQ (GEEQ) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.