SOOM Coin is the native currency of 4th Blockchain and will give access to the platform's’ future services. SOOM 4th Blockchain's innovative consensus algorithms, named Proof-of-Group-Stake and Proof-of-Transaction, not only makes mobile mining possible but opens the way to a multitude of performant, secure and practical blockchain based smartphone applications.
Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric.$0
The Network Value to Transactions (NVT) ratio calculates the dollar value of crypto transaction activity relative to the network value.
- POGS (Proof-Of-Group Stake). POGS consensus algorithm is developed by SOOM TECH, it uses Grouping technology, where each node is part a Group.
- POT (Proof-Of-Transaction). Proof-Of-Transaction is a consensus algorithm to encourage transactions. The idea is to provide to nodes that performed a lot of transactions within a short time the opportunity to create a block.
Global Expansion Director