REQ
No. 284Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
|---|
Introduction
Feed
1. Project introduction
Request is an open network for transaction requests. It allows anyone to create, store and access invoices and receipts in a universal, decentralized network.
Request gateways reduce the complexity of interacting with the blockchain. No need to manage different contracts, specific libraries, and gas. Gateways enable blockchain interactions as easily as any other SaaS, through HTTP APIs.Request ensures privacy and GDPR compliance. Data regarding requests is encrypted and safeguarded using elliptic-curve encryption. And while all data is saved in a public blockchain to prevent interference, it can only be read by the parties involved in the request.With every new version, Request can handle more and more transactions per second. That's because the bulk of the data is saved on IPFS instead of on the blockchain. What is stored on the blockchain is the hash (the proof of the data). That way, it can't be modified or manipulated. Transactions are batched and added to IPFS in bulk, which enables high throughput. And it leads to low costs as well.
Request is built on top of Ethereum, safeguarding security. It ensures that data can't be changed or deleted by governments, third parties, or even by team. In addition, data exists on each node, so it can't just disappear. It's safe from the passage of time and tampering alike.The Request utility token, referred to as REQ, ensures the performance and stability of the Request network.
2. Team introduction
CTO: Etienne Tatur
CFO: Christophe Lassuyt
3. Investment institution
Y Combinator
4. Application
Total supply: 1 billion
REQ is used to governance, spam prevention, staking, product discounts
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.
