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Cube Network

Cube Network

CUBENETWORK
$0.09051Up 0.00 percent($0.00)

Key Stats

Market Cap$4.58MUp 0.00 percent
Fully Diluted Value$90.52M
Total Supply50.65M CUBENETWORK
Max Supply1.00B CUBENETWORK
Circulating Supply50.65M CUBENETWORK
Launch Date2022-06-06
Block Number14,344,954

Cube Network Information

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Supported Standards
CRC-20
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About Cube Network

Cube Network (CUBE) is a modular, high-performance blockchain designed for scalability and interoperability. It features "Chaos Consensus," ZK-Rollup, and the "Time Crossing" protocol for cross-chain compatibility with Cosmos and EVM-based chains. The CUBE token is used for governance, staking, and transaction fees.

Frequently Asked Questions

Cube Network (CUBE) is a high-performance, modular blockchain that supports a multi-chain architecture and is compatible with the Ethereum Virtual Machine (EVM). It employs a hybrid randomized Delegated Proof of Stake (DPOS) protocol known as "Chaos" Consensus. Cube is designed for scalability, with a modular architecture divided into three layers: Execution Layer, Settlement Layer, and Data Availability Layer. It also features the "Time Crossing" cross-chain protocol, enabling interoperability with Cosmos IBC and EVM-based ecosystems.

Cube Network is used to provide a scalable and decentralized platform for Web3 applications, smart contracts, and multi-chain interactions. Its key use cases include:

  • Decentralized applications (dApps): Full support for the Ethereum ecosystem, allowing smart contract migration to Cube.
  • DeFi and GameFi: High transaction throughput, processing hundreds of thousands of transactions per second (TPS), reducing fees and confirmation times.
  • Interoperability: Cross-chain communication through the "Time Crossing" protocol, enabling interactions with EVM and Cosmos-based blockchains.
  • Decentralized storage: "Non-Linear Unlimited" storage solution, preventing data fragmentation and ensuring cost-efficient, permanent storage.

The CUBE token serves several functions within the Cube Network ecosystem:

  • Governance: Token holders can participate in the network's decision-making processes, influencing protocol upgrades and other key developments.
  • Transaction Fees: CUBE tokens are used to pay for transaction fees within the network, ensuring efficient and secure transactions.
  • Staking: Users can stake CUBE tokens to support network security and consensus mechanisms, potentially earning rewards in return.

Cube Network was developed by Cube Labs, a research and development team focused on blockchain solutions for Web3. The project aims to address scalability and interoperability challenges through a modular and decentralized approach.

Although 'CUBE' was the ticker assigned at the deployment of the Cube Network Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'CUBENETWORK' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.