The Forbidden Forest
1. Summary
- Description
-
Forest is a new cryptocurrency characterized by high privacy, broad scalability, open development, and value preservation. Unlike traditional blockchains, it doesn't use addresses or extra information, preferring to keep transactional information simple and private. It utilizes a relay strategy similar to the onion network to make every transaction...
Forest is a new cryptocurrency characterized by high privacy, broad scalability, open development, and value preservation. Unlike traditional blockchains, it doesn't use addresses or extra information, preferring to keep transactional information simple and private. It utilizes a relay strategy similar to the onion network to make every transaction trackable before publicizing blockchain information. Forest is based on the advanced MimbleWimble protocol, which allows it to compress and delete old transactional information without risking key data, resulting in a lightweight blockchain. The Forest development community is global and open-source rather than a for-profit organization. The total circulation of Forest coins is capped at 2.1 billion, making it a deflationary currency. This makes Forest distinct from inflationary currencies, such as Grin, and beneficial for preserving long-term value.
Price | |
52W High price | $0.007231061300 |
52W High date | 3rd Aug 2022 (1 year ago) |
All Time High (ATH) Date | 12th Mar 2024 (2 weeks ago) |
All Time Low (ATL) Date | 12th Mar 2024 (2 weeks ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $36,511.00 |
/USD
How does The Forbidden Forest's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
26.3%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | 0 |
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Active Reddit Users (past 24h) | 0 |
Discord users | |
Active Discord Users | |
Telegram Users | |
Twitter followers | 0 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://www.theforbiddenforest.org/ |
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Has The Forbidden Forest been audited for security?
No security audits found for this project.
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