Hifi Finance (MFT)

$0.015191 (13.78%)

CMC# Market Cap (USD) Volume (24hr) Circulating Supply NVTS Change (7d) Change (24h) Savings Per 1K
170 $151,912,000.00 $24,173,200.00 10,000,000,000 MFT -- 13.78% 9.11% -$2.09

Exchange Pair Volume (24h) Price
Upbit MFT/KRW 11,456,542.00 17.0000000000
Binance MFT/USDT 5,301,510.00 0.0146710000
Uniswap (v2) 0XDF2C7238198AD8B389666574F2D8BC411A4B7428/ETH 644,807.00 0.0000092948
MXC MFT/USDT 1,913,812.00 0.0147360000
Binance MFT/BNB 329,915.00 0.0000645000
Binance MFT/ETH 953,847.00 0.0000093200
BKEX MFT/USDT 1,643,214.00 0.0147480000
Hotbit MFT/ETH 28,097.00 0.0000093489
Hotbit MFT/USDT 7,596.69 0.0147078900
Bittrex MFT/BTC 8,653.58 0.0000003200
Bancor Network MFT/BNT 325.64 0.0022189590
Bilaxy MFT/ETH 1,602,893.00 0.0000094400
Upbit MFT/BTC 6,710.34 0.0000003000
Upbit Indonesia MFT/BTC 15,425.40 0.0000003000
1inch 0XDF2C7238198AD8B389666574F2D8BC411A4B7428/ETH 15,285.88 0.0000095041
Paraswap 0XDF2C7238198AD8B389666574F2D8BC411A4B7428/ETH 193.17 0.0000093558
Hoo.com MFT/USDT 989,853.00 0.0146750000
Balancer 0XDF2C7238198AD8B389666574F2D8BC411A4B7428/ETH 196.65 0.0000095812
Balancer 0XDF2C7238198AD8B389666574F2D8BC411A4B7428/USDC 56.41 0.0140709004
HitBTC MFT/USD 415.01 0.0148383000
HitBTC MFT/BTC 111.31 0.0000002993
Uniswap (v1) MFT/ETH 5.55 0.0000031265

Background

Mainframe aims to build the necessary infrastructure for a new internet that places a premium on private, peer-to-peer, censorship-resistant application development and information transfer. Mainframe is led by Mick Hagen, a serial entrepreneur and a Princeton computer science dropout. At a high level, the team works to deliver three primary solutions to concerns with the current internet. First, Mainframe prioritizes information security via full end-to-end and group encryption on a privacy-friendly platform, which is a perceived weakness for projects like Keybase or Signal. Mainframe also focuses on user privacy with the goal of allowing developers and customers a surveillance-free experience without exposing personal and network information. Last, Mainframe aims to build a fully distributed, peer-to-peer protocol that offers a censorship-resistant haven for users, something today's internet cannot do.

Technology

Mainframe wants to build an unstoppable communications protocol layer incentivized by native tokens atop a peer-to-peer internet protocol. Critically, peer nodes need to agree to open information packet transfer channels, and participants can track their usage via the Swarm Accounting Protocol for Service Wanted and Provided (SWAP). Nodes charge and pay fees based on the bandwidth required to transfer packets and the reputation rating of a particular node (lower ratings are offset by charging higher fees), which can be accessed through the Mainframe credit scoring API. Information packet delivery is ensured through "finger pointing", building on the reputational nature of the network.



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