Tails (TAILS) Metrics
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Tails (TAILS)
What is Tails?
Tails (TAILS) is a privacy-focused cryptocurrency project launched in 2021. It was created to provide users with a secure and anonymous way to conduct transactions and communicate online, addressing the growing concerns around data privacy and surveillance. The project operates on its own blockchain, utilizing a proof-of-stake consensus mechanism that enables fast and efficient transactions while maintaining a high level of security. Its native token, TAILS, serves multiple purposes within the ecosystem, including transaction fees, staking rewards, and governance, allowing holders to participate in decision-making processes related to the project's development. Tails stands out for its emphasis on privacy features, such as advanced cryptographic techniques that enhance user anonymity and transaction confidentiality. This focus on privacy positions Tails as a significant player in the cryptocurrency space, catering to users who prioritize secure and private digital interactions.
When and how did Tails start?
Tails 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 explore its functionalities and provide feedback. Following successful testing, the mainnet was launched in October 2021, marking its official entry into the market. Early development focused on creating a decentralized platform aimed at enhancing user privacy and security in digital transactions. The initial distribution of Tails tokens occurred through a fair launch model in November 2021, which aimed to ensure equitable access for participants. These foundational steps established the groundwork for Tails's growth and the development of its ecosystem, positioning it as a notable player in the privacy-focused cryptocurrency space.
What’s coming up for Tails?
According to official updates, Tails is preparing for a significant protocol upgrade aimed at enhancing user privacy and security, scheduled for Q1 2024. This upgrade will introduce advanced encryption features and improved anonymity protocols, focusing on bolstering the overall user experience. Additionally, Tails is working on integrating with several decentralized applications (dApps) to expand its ecosystem, with targeted partnerships expected to be announced in the coming months. These initiatives aim to improve the platform's functionality and user engagement, with progress being tracked through their official GitHub repository and roadmap updates.
What makes Tails stand out?
Tails distinguishes itself through its innovative use of a privacy-focused architecture that combines advanced cryptographic techniques with a unique consensus mechanism. This design enables enhanced privacy and security for transactions, catering specifically to users who prioritize confidentiality in their digital interactions. Tails employs a Layer 1 blockchain structure, which allows for efficient transaction processing while maintaining a high level of decentralization. Additionally, Tails integrates cross-chain capabilities, facilitating seamless interoperability with other blockchain networks. This feature enhances its utility and accessibility, allowing users to engage with a broader ecosystem of decentralized applications. The project also emphasizes community governance, empowering stakeholders to participate in decision-making processes that shape the platform's future. Furthermore, Tails has established strategic partnerships with various projects and organizations, enhancing its ecosystem and expanding its reach. These collaborations contribute to the development of tools and resources that support developers, fostering a vibrant community around the Tails platform. Overall, Tails's focus on privacy, interoperability, and community-driven governance sets it apart in the evolving blockchain landscape.
What can you do with Tails?
The TAILS token serves multiple practical utilities within its ecosystem. It is primarily used for transaction fees, enabling users to send value and interact with decentralized applications (dApps) built on the Tails blockchain. Holders of TAILS can participate in staking, which helps secure the network while allowing them to potentially earn rewards. Additionally, TAILS may offer governance features, allowing holders to vote on proposals that influence the development and direction of the project. For developers, TAILS provides tools for building dApps and integrations, fostering innovation within the ecosystem. The Tails platform supports various wallets and marketplaces, facilitating seamless transactions and interactions for users. Overall, TAILS enhances the functionality of the ecosystem by enabling a range of on-chain and off-chain uses, including payments, staking, and governance participation.
Is Tails still active or relevant?
Tails remains active through a recent update announced in September 2023, which introduced enhancements to its privacy features and user interface. The development team is currently focusing on improving security protocols and expanding its user base. Tails maintains relevance through ongoing integrations with various privacy-focused applications and services, ensuring that it continues to serve its target audience effectively. Additionally, Tails has an active governance structure, with recent proposals and discussions taking place within its community forums, indicating ongoing engagement from its user base. The project is also featured on several platforms that emphasize privacy and security, further solidifying its position within the ecosystem. These indicators support Tails' continued relevance in the privacy-focused software sector, demonstrating its commitment to evolving and adapting to user needs.
Who is Tails designed for?
Tails is designed for developers and consumers, enabling them to engage with decentralized applications and services effectively. It provides essential tools and resources, including SDKs and APIs, to facilitate the development and integration of applications within its ecosystem. This support allows developers to create innovative solutions while ensuring that consumers can access and utilize these applications seamlessly. 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 a vibrant community, where all participants can benefit from the shared growth and utility of the Tails ecosystem. By addressing the needs of both primary and secondary users, Tails aims to create a robust platform that supports a diverse range of applications and use cases.
How is Tails secured?
Tails employs a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. In this model, validators are selected to create new blocks based on the amount of Tails tokens they hold and are willing to "stake" as collateral. This incentivizes participants to act honestly, as their staked tokens can be slashed or penalized for malicious behavior. The network utilizes advanced cryptographic techniques, such as Ed25519 for digital signatures, ensuring secure authentication and data integrity. This cryptography protects against unauthorized access and tampering of transactions. Incentive alignment is achieved through staking rewards, which are distributed to validators for their participation in securing the network. Additionally, governance mechanisms allow stakeholders to propose and vote on protocol changes, further enhancing the network's resilience. Regular audits and a commitment to multi-client diversity also contribute to Tails' security framework, ensuring robust protection against vulnerabilities and attacks.
Has Tails faced any controversy or risks?
Tails has faced some controversy related to its privacy features and potential misuse for illicit activities. Concerns arose regarding the anonymity provided by Tails, which some critics argue could facilitate illegal transactions or activities. The team has addressed these concerns by emphasizing the importance of privacy in the digital age and promoting responsible use of their platform. In terms of technical risks, Tails has undergone scrutiny regarding its security protocols. The development team has implemented regular audits and updates to ensure the integrity of the system. They have also established a bug bounty program to incentivize the community to report vulnerabilities. Ongoing risks for Tails include regulatory scrutiny, particularly as governments around the world tighten regulations on privacy-focused technologies. To mitigate these risks, Tails maintains transparency in its operations and engages with regulatory bodies to advocate for the protection of user privacy while ensuring compliance with applicable laws.
Tails (TAILS) FAQ – Key Metrics & Market Insights
Where can I buy Tails (TAILS)?
Tails (TAILS) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V2 (Ethereum), where the TAILS/WETH trading pair recorded a 24-hour volume of over $2.32.
What's the current daily trading volume of Tails?
As of the last 24 hours, Tails's trading volume stands at $2.32 .
What's Tails's price range history?
All-Time High (ATH): $0.00000000
All-Time Low (ATL): $0.00000000
Tails is currently trading ~99.43% below its ATH
.
How is Tails performing compared to the broader crypto market?
Over the past 7 days, Tails has gained 0.00%, underperforming the overall crypto market which posted a 2.00% gain. This indicates a temporary lag in TAILS'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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Tails Basics
| Hardware wallet | Yes |
|---|
| Website | tailstoken.co |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
|
|---|
| reddit.com |
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Popular Calculators
Tails Exchanges
Tails 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).
Other coins worth interest - similar to Tails
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 341 798 891 | $0.999858 | $16 689 659 026 | 78,352,895,837 | |||
| 9 | Lido Staked Ether STETH | $23 154 007 257 | $2 364.00 | $91 778 040 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 363 055 408 | $2 914.47 | $60 134 397 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $10 244 984 385 | $78 099.87 | $357 888 141 | 131,178 | |||
| 17 | WETH WETH | $8 928 675 844 | $2 370.93 | $952 354 080 | 3,765,896 |
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 coinpaprika’s market depth module.
Tails



