Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs
RAFT

Raft Price

RAFT
#4582

$0.000325

9.7%

฿0

Market Cap
$400K
FDV
$812K
Circulating Supply
1,233,216,667
Total Supply
2,500,000,000
Volume 24h
$72

Contracts

Contract

0x4c5...0c93

Website

raft.fi

Community

Explorers

Track In

Price Change

24h

Low

High

1h Change

0.1%

24h Change

9.7%

7d Change

23.69%

All Time High

$0.01

Oct 11, 2023

97.54%

All Time Low

$0

Aug 28, 2024

49.27%

Raft price is $0.000325, down -9.70% in the last 24 hours, and the live market cap is $400,458. It has circulating supply of 1,233,216,667 RAFT coins and a max supply of 2,500,000,000 RAFT alongside $72 24h trading volume. Now, you can view this coin price in INR.

Price
Market Cap
Available Supply
TradingView
1h24h1w1m3m6m1yAll







Logo

Swap

My Notes

Crypto Converter

RAFT

RAFT

Holdings

About Raft

What is Raft?

Raft is a consensus algorithm designed as an alternative to the traditional leader-based approach. It was developed by Diego Ongaro and John Ousterhout at Stanford University in 2014. The goal of Raft is to provide a practical, understandable, and robust consensus protocol that can be used in distributed systems. Unlike other consensus algorithms, such as Paxos, Raft focuses on providing a simple and easy-to-understand interface for developers. This makes it easier to use and debug compared to other protocols.

Raft works by having a group of servers (known as "nodes") agree on the same set of commands or operations that need to be performed in order for the system to function correctly. To do this, each node maintains its own log of commands that have been executed so far. When a new command needs to be added, the nodes must first agree on which node will take responsibility for executing it. This process is known as "leader election". Once a leader has been elected, all other nodes must follow the leader's instructions.

Once the leader has received agreement from all other nodes about which command should be executed next, it sends out an "append entry" message containing the command details. All other nodes then execute this command and update their logs accordingly. If any node fails during this process, another node will take over leadership until all nodes are back online.

Raft provides several advantages over traditional consensus algorithms such as Paxos. First, it is much simpler and easier to understand than Paxos or similar protocols due to its straightforward design and intuitive interface. Second, it provides better performance since there is no need for complex coordination between multiple leaders or replicas. Finally, Raft also offers better fault tolerance since any failed node can easily be replaced without disrupting the entire system.

Overall, Raft is an excellent choice for distributed systems that require strong consistency guarantees while still offering good performance and scalability.


For more information visit raft website.
Read More

Related Assets

Trending Cryptocurrencies

Assets with the largest change in unique page views on CoinStats in the last 24 hours.

Similar Market Cap

Among all the assets available on CoinStats, these have the most similar market capitalization to Raft.

Raft Markets

#ExchangePairVolume (24H)Volume (%)PriceLast Updated
1
Gate.ioGate.io

RAFT/USDT

$72100%

$0.0003247

Recently

Also Check Raft Price On

Attention IconDisclaimer

No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Any use or reliance on our content is solely at your own risk and discretion.