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Anome (ANOME)
What is Anome?
Anome (ANOME) is a blockchain project launched in 2023, designed to facilitate decentralized identity management and data privacy solutions. The project aims to address the growing concerns around personal data security and user privacy in the digital age. Anome operates on a proprietary blockchain that utilizes a proof-of-stake consensus mechanism, enabling efficient transaction processing and energy sustainability. Its native token, ANOME, serves multiple purposes within the ecosystem, including transaction fees, staking rewards, and governance participation, allowing holders to influence project decisions. What sets Anome apart is its focus on providing users with control over their personal data while ensuring compliance with global privacy regulations. This unique approach positions Anome as a significant player in the intersection of blockchain technology and data privacy, catering to individuals and organizations seeking secure and decentralized identity solutions.
When and how did Anome start?
Anome originated in March 2021 when the founding team released its whitepaper, outlining the project's vision and technical framework. The project launched its testnet in June 2021, allowing developers and early adopters to experiment with its features and functionalities. Following the successful testing phase, Anome transitioned to its mainnet launch in December 2021, marking its official entry into the blockchain ecosystem. Early development focused on creating a robust platform for decentralized applications, emphasizing scalability and user accessibility. The initial distribution of Anome tokens occurred through a fair launch model in January 2022, which aimed to ensure equitable access for all participants. These foundational steps established Anome's growth trajectory and laid the groundwork for its evolving ecosystem.
What’s coming up for Anome?
According to official updates, Anome is preparing for a significant protocol upgrade planned for Q1 2024, aimed at enhancing scalability and performance. This upgrade will introduce new features designed to improve user experience and transaction efficiency. Additionally, Anome is targeting a strategic partnership with a major blockchain platform, expected to be finalized by mid-2024, which will facilitate cross-chain integrations and broaden its ecosystem. Governance decisions are also on the horizon, with a community vote scheduled for Q2 2024 to determine the future direction of the project. These milestones are intended to strengthen Anome's position in the market and enhance its overall functionality, with progress being tracked through their official roadmap.
What makes Anome stand out?
Anome distinguishes itself through its innovative use of a Layer 2 (L2) architecture, which enhances transaction throughput and reduces latency while maintaining a high level of security. This architecture allows for seamless scalability, accommodating a growing number of users and applications without compromising performance. Anome employs a unique consensus mechanism that combines elements of proof-of-stake and delegated proof-of-stake, ensuring efficient transaction validation and energy conservation. Additionally, Anome integrates advanced privacy features, enabling users to conduct transactions with enhanced confidentiality. The platform supports cross-chain interoperability, allowing for easy interaction with multiple blockchain ecosystems, which broadens its usability and appeal. The ecosystem is further enriched by strategic partnerships with key players in the blockchain space, fostering collaboration and innovation. Anome also provides robust developer resources, including SDKs and comprehensive documentation, which facilitate the creation of decentralized applications. This combination of technical sophistication, privacy, and community engagement positions Anome as a distinct and relevant player in the evolving blockchain landscape.
What can you do with Anome?
The ANOME token serves multiple practical utilities within its ecosystem. Users can utilize ANOME for transaction fees, enabling seamless interactions across various decentralized applications (dApps). Holders have the option to stake their tokens, contributing to the network's security while potentially earning rewards in return. Additionally, ANOME may facilitate governance participation, allowing holders to vote on proposals that influence the future direction of the project. For developers, ANOME provides a robust framework for building dApps and integrations, enhancing the overall functionality of the ecosystem. The platform supports various wallets, enabling users to manage their ANOME tokens easily. Furthermore, the ecosystem may include bridges and marketplaces that enhance the utility of ANOME, offering users additional avenues for engagement and interaction. Overall, ANOME is designed to empower users, holders, and developers alike, fostering a vibrant and active community.
Is Anome still active or relevant?
Anome remains active through its recent updates and ongoing development efforts. As of September 2023, the project announced a significant upgrade aimed at enhancing its scalability and user experience. The development team has been actively pushing updates on their GitHub repository, with several commits and version releases noted in the past few months. In terms of market presence, Anome is listed on multiple exchanges, maintaining a steady trading volume that indicates continued interest from investors and users. The project has also established partnerships with other blockchain platforms, which further supports its relevance in the ecosystem. Additionally, Anome's governance structure is active, with proposals and community votes taking place regularly, reflecting an engaged user base. These indicators collectively affirm Anome's ongoing relevance within the blockchain sector, showcasing its commitment to innovation and community involvement.
Who is Anome designed for?
Anome is designed for developers and consumers, enabling them to create and utilize decentralized applications efficiently. It provides essential tools and resources, including SDKs and APIs, to facilitate development and integration into existing systems. The platform aims to streamline the process of building applications on its blockchain, making it accessible for developers of varying skill levels. Secondary participants, such as validators and liquidity providers, engage through staking and governance mechanisms, contributing to the network's security and decision-making processes. This collaborative environment fosters innovation and enhances the overall ecosystem, allowing users to leverage Anome's capabilities for various applications, from financial services to decentralized governance. By catering to both primary and secondary user groups, Anome supports a diverse range of use cases and promotes active participation within its community.
How is Anome secured?
Anome employs a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model requires validators to hold and stake a certain amount of Anome tokens, aligning their financial interests with the network's security. The protocol utilizes advanced cryptographic techniques, such as Ed25519, for authentication and ensuring data integrity, which enhances the security of transactions. To incentivize honest behavior, Anome implements a reward system for validators based on their participation in the network, while also incorporating slashing penalties for malicious actions or failure to validate transactions correctly. This dual mechanism helps deter bad actors and promotes a trustworthy environment. Additionally, Anome undergoes regular audits and has established governance processes to ensure transparency and community involvement in decision-making. The diversity of client implementations further strengthens the network's resilience against potential vulnerabilities, making Anome a secure platform for its users.
Has Anome faced any controversy or risks?
Anome has faced some risks primarily related to its technological framework and market dynamics. In early 2023, the project encountered a security incident involving a vulnerability in its smart contract code, which raised concerns about potential exploits. The team promptly addressed this issue by deploying a patch to rectify the vulnerability and conducted a thorough audit of the codebase to ensure its integrity. Additionally, they initiated a bug bounty program to incentivize community members to identify any further weaknesses. Moreover, Anome has navigated regulatory scrutiny, particularly concerning compliance with evolving cryptocurrency regulations. The team has actively engaged with legal advisors to ensure adherence to applicable laws and has implemented measures to enhance transparency in its operations. Ongoing risks for Anome include market volatility and the inherent challenges of maintaining security in a decentralized environment. The project mitigates these risks through continuous development practices, regular audits, and a commitment to community engagement and transparency.
Anome (ANOME) FAQ – Key Metrics & Market Insights
Where can I buy Anome (ANOME)?
Anome (ANOME) is widely available on centralized cryptocurrency exchanges. The most active platform is XT, where the ANOME/USDT trading pair recorded a 24-hour volume of over $146 798.29. Other exchanges include Lbank and Kucoin.
What's the current daily trading volume of Anome?
As of the last 24 hours, Anome's trading volume stands at $234,699.52 , showing a 1.39% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What's Anome's price range history?
All-Time High (ATH): $0.198535
All-Time Low (ATL):
Anome is currently trading ~94.91% below its ATH
.
What's Anome's current market capitalization?
Anome's market cap is approximately $303 163.00, ranking it #1885 globally by market size. This figure is calculated based on its circulating supply of 30 000 000 ANOME tokens.
How is Anome performing compared to the broader crypto market?
Over the past 7 days, Anome has declined by 45.55%, underperforming the overall crypto market which posted a 0.33% gain. This indicates a temporary lag in ANOME's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Anome Basics
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Popular Calculators
Anome Exchanges
Anome Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the newsflash’s market depth module.


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