SUB

Overview of Substratum(SUB)

Substratum (SUB) is a form of cryptocurrency that operates on a decentralized internet platform. The Substratum Network aims to bring unrestricted, open, and censorship-resistant internet to users worldwide. By providing the computational power and network for hosting sites, the owners of SUB tokens earn additional tokens. The project employs blockchain technology and a wide range of node networks for its operation. The objectives revolve around the free and democratic use of the internet. As of now, the development of Substratum's platform continues, and it has not fully launched. As with any cryptocurrency, investing in Substratum carries inherent risks and rewards, and potential investors are urged to do their research diligently.

Pros and Cons

Pros:

1. Decentralizes the internet: The core objective of Substratum is to make the internet a decentralized platform. It aims to eliminate the control of internet service providers and governments over the information accessible by netizens.

2. Token Earnings: Substratum offers its users the potential to earn further tokens. The token holders can earn additional SUB by providing their computational power and network for hosting sites.

3. Censorship-Resistance: Substratum promotes the concept of an open internet. It aims to provide a platform that is resistant to censorship, making internet content freely accessible to users worldwide.

4. Uses Blockchain Technology: Substratum employs blockchain technology to ensure secure and reliable transactions within its network.

Cons:

1. Still in Development: Despite its promising features, Substratum is not fully launched and is still in the development phase. This implies that not all of its proposed features are available yet.

2. Legal and Regulatory Risks: Like all cryptocurrencies, Substratum comes with certain legal and regulatory risks. These risks arise from the interactions between the decentralized nature of cryptocurrencies and the regulatory frameworks in different countries.

3. User Adoption Dependent: The success of Substratum is heavily reliant on user adoption. If not many users decide to join and use the platform, it will have less value and utility.

4. Market Volatility: As with other cryptocurrencies, the value of SUB tokens is subject to market volatility. This volatility can create uncertainty for investors.

What Makes Substratum(SUB) Unique？

Substratum (SUB) differentiates itself from other cryptocurrencies through its primary goal of decentralizing the internet. Most cryptocurrencies aim at restructuring financial systems by providing a decentralised, peer-to-peer transaction platform. However, Substratum extends the use of blockchain technology beyond financial transactions and tries to address the centralized nature of internet provision. It plans to achieve this by allowing anyone to become a web host on the blockchain network.

Furthermore, the Substratum Network makes use of a unique microtransaction system in the form of SUB tokens. Unlike other currencies, where tokens are more traditionally used to facilitate financial transactions, SUB tokens in the Substratum ecosystem are used as a form of exchange for services within the network, such as for computational power.

Moreover, Substratum places a significant emphasis on being censorship-resistant. While privacy and anonymity are common features in other cryptocurrencies, the extent to which Substratum extends these concepts - aiming to resist any form of internet censorship - separates it from other digital assets.

It should be noted that as the project is still in development, these features and innovations haven't been fully realized and thus remain theoretical. It remains essential for potential investors and users to keep abreast of the project's progress and updates.

How Does Substratum(SUB) Work？

Substratum operates on a decentralized web platform designed to “make the internet a fair place for all.” Its working mode deviates from the conventional internet hosting practices by enabling each SUB token holder to become a part of the network, effectively functioning as a node and contributing their computational power towards the network.

The principle behind Substratum is allowing for unrestricted, uncensored access to internet content, irrespective of geographical location. It aims to fulfill this through an array of nodes globally, which host internet data. When a user wants to access a site on the Substratum network, the request is encrypted and routed through several of these nodes, which render the content to the user. This method, known as routing through a decentralized network, ensures the site's availability even if a single node is down.

Furthermore, the network employs Artificial Intelligence (AI) algorithms to determine the best node for data delivery considering factors like location, latency, and capacity, enhancing the speed and reliability of the service. One of the key aspects of Substratum is its facilitating open-source hosting, which involves the community directly in the development of the platform.

SUB, the network's native token, fuels transactional activities within the Substratum Network. For example, a node that participates in delivering data is rewarded with SUB tokens.

It is important to mention that, as of now, Substratum continues to be in the development phase, and the full practical implementation of these principles relies on the successful completion and delivery of this project.

Circulation of Substratum (SUB)

• Coinbase: Lists the circulating supply at 251,584,925.64 SUB [Coinbase Substratum]. This implies a market cap close to the current price of SUB (around $0.00036).

Regarding price fluctuation:

• SUB has seen a slight increase recently. Coinbase shows a 0.91% rise in the last 24 hours [Coinbase Substratum].

• It's important to note that SUB's trading volume is very low (around $196 on CoinMarketCap [CoinMarketCap Substratum]), indicating low liquidity and potentially higher volatility.

Exchanges to Buy Substratum(SUB)

When it comes to purchasing Substratum (SUB), a range of exchanges exist which support its trading. Here is a detailed list of more than five exchanges along with the supported currency pairs and token pairs:

1. Binance: Binance is one of the largest and most well-known cryptocurrency exchanges in the world. It offers a wide variety of currencies for trade. As for SUB, it supports the SUB/BTC and SUB/ETH pairs, allowing users to trade Substratum against Bitcoin and Ethereum.

2. KuCoin: KuCoin, also known as the 'Peoples Exchange,' provides a secure and straightforward platform for users to exchange digital tokens and coins. The exchange supports trading pairs such as SUB/BTC and SUB/ETH for trading Substratum.

3. HitBTC: HitBTC is a leading European based cryptocurrency exchange that provides a range of cryptocurrencies for buying and selling. It supports SUB trading pairs with Bitcoin and Ethereum as well, offering SUB/BTC and SUB/ETH pairs.

4. OKEx: OKEx is a world-leading cryptocurrency spot and derivatives exchange. Substratum is available for trading on this platform, and the platform provides pairs including SUB/USDT.

5. Changelly: Changelly is a unique exchange where you can instantly convert one crypto into another. SUB tokens can be bought on Changelly via payment using a debit or credit card, and the platform swaps it for SUB at the best available rate. It makes purchasing easy even for those not wishing to deal with complicated market charts.

6. COSS: COSS is a Singapore based global blockchain solutions provider. On COSS, you can buy SUB with BTC, enabling the trading pair SUB/BTC.

It's important to note that availability and trading volume might vary, so individuals interested in buying SUB are encouraged to check each platform and verify the current situation before making a decision. Additionally, given the dynamic nature of cryptocurrencies, being vigilant about security and the latest updates regarding the pairs and the currency is imperative.

How to Store Substratum(SUB)？

Substratum (SUB) tokens are based on the Ethereum blockchain, implying they are ERC20 tokens. Therefore, they can be stored in any wallet which supports ERC20 tokens.

Here are a few wallet options for storing Substratum (SUB) tokens:

1. MyEtherWallet (Web Wallet): MyEtherWallet is a free, open-source, client-side interface that allows users to interact directly with the Ethereum blockchain while retaining complete control of their keys & funds. It is a web-based wallet, which means you can access it from anywhere as long as you have an internet connection.

2. MetaMask (Browser Extension Wallet): MetaMask is a browser extension wallet for Ethereum. It allows you to run Ethereum dApps right in your browser without running a full Ethereum node. MetaMask includes a secure identity vault, providing a user interface to manage your identities on different sites and sign blockchain transactions.

3. Ledger Nano S (Hardware Wallet): Ledger Nano S is a hardware wallet that plugs into a USB port. It is considered one of the safest wallets as it stores your SUB offline and is resistant to hacking attempts.

4. Trezor (Hardware Wallet): Trezor is a hardware wallet providing advanced security for handling bitcoin and other cryptocurrencies private keys. It keeps private keys offline, ensuring that they can't be hacked and coins can't be spent without user consent.

5. Trust Wallet (Mobile Wallet): Trust Wallet is a mobile wallet that offers a user-friendly interface and robust security features. As a mobile application, it enables you to carry your assets around in your pocket easily.

Before proceeding with storing Substratum (SUB), individuals should consider security and control precision such wallets offer. It's advisable to keep large amounts of cryptocurrencies in a secure offline wallet. The risk is lower compared to storing it in an exchange or an online wallet. Also, ensure any device used with a wallet, whether PC or mobile, has the latest security updates and follows good cybersecurity practices.

Is It Safe？

The security of your Substratum (SUB) tokens depends on two main factors:

• Security of the chosen wallet: Since SUB is an ERC-20 token, it relies on the security measures implemented by the wallet you choose to store it. Here's how to enhance security:

• Use a reputable wallet provider: Opt for well-established providers with a history of strong security practices.

• Enable two-factor authentication (2FA): This adds an extra layer of security by requiring a second verification code when accessing your wallet.

• Store your recovery phrase securely: This phrase is crucial for regaining access to your wallet if you lose your device. Never share it with anyone.

• Security of the Ethereum network: Substratum tokens reside on the Ethereum blockchain, inheriting its security features:

• Proof-of-work consensus mechanism: This mechanism secures the network through computational power, making it difficult to tamper with transaction data.

• Large and distributed network: The decentralized nature of the Ethereum network makes it resistant to single points of failure and hacking attempts.

How to Earn Substratum(SUB)？

Substratum (SUB) positions itself in a unique way within the cryptocurrency market as it aims at decentralizing the internet. Thus, the core way of earning SUB is by becoming part of the Substratum network. By setting up a node and offering computing resources for hosting websites, a user can earn additional SUB tokens.

For example, if your computer is part of the Substratum Network, when someone requests internet data that your computer hosts, you would receive SUB tokens for providing that service. The project's monetization model then is based on usage rather than possession of tokens.

As for advice for potential buyers, here are some key points:

1. Conduct thorough research: Substratum, like any cryptocurrency, carries its unique risks and rewards. Any serious potential buyer ought to conduct extensive research about the technology and the team behind it, and understand the product roadmap. It is essential to assess the currency from diverse perspectives and base investment decisions on comprehensive knowledge, not solely on price movements or recommendations from others.

2. Project Development: Keep an eye on the development status of the project. As Substratum isn't fully launched currently, progress updates about the platform's readiness for full implementation might substantially impact its perceived value and therefore token price.

3. Legal and Regulatory Considerations: Cryptocurrencies face a lot of regulatory scrutiny. Any abrupt regulatory changes or legal problems can influence every digital currency's value, including SUB. Therefore, staying updated about regulatory news in the countries where Substratum has the most usage is critical.

4. Market Volatility: The cryptocurrency market is notoriously volatile. It's crucial to understand that prices may go down as well as up. Any investment should only be money that you're willing to lose.

5. Exchanges and Wallets: Examine available exchanges to find out where you can buy SUB and consider which type of wallet you'll use to store your SUB after you've purchased it. The security of your investment could depend on these factors.

6. Community Engagement: Communities surrounding cryptocurrencies can provide key insights and the latest news. Consider participating in various Substratum forums and discussions online.

Lastly, investing in cryptocurrencies should always be treated as a long-term commitment. One should avoid buying into cryptocurrencies expecting quick returns. Patience and a steady nerve are often the best traits in a cryptocurrency investor.



Conclusion

Substratum (SUB) is a distinctive cryptocurrency that offers a decentralized internet platform, aiming to enhance net neutrality and resist internet censorship. It propositions a unique earning potential for SUB token holders who provide their computational resources for hosting data, thus supporting the network.

However, Substratum is still in its development phase, and many of its proposed features are not fully implemented. This fact warrants a cautious approach from potential investors and users, as the service's full practical application cannot be wholly assessed at this stage.

The value of Substratum, like any cryptocurrency, can fluctuate significantly due to various factors including market sentiment, regulatory changes, and progress in the project development. Although the project has promising features, it's hard to speculate on its profitability or whether the token will appreciate. That will largely depend on the platform's eventual success, user adoption rate, and the cryptocurrency market dynamics in general.

Investors interested in Substratum should regularly monitor the project's development, consider the volatility and associated risks of cryptocurrencies, and conduct thorough research before investing. As Substratum has a different focus compared to most cryptocurrencies, it presents a unique proposition in the market that could have potential, contingent on the successful execution of its goal to decentralize the internet.

FAQs

Q: What is the central objective of Substratum (SUB)？

A: The primary goal of Substratum (SUB) is to create a decentralized, robust, and censorship-resistant internet network.

Q: How can you earn more SUB tokens？

A: You can earn additional SUB tokens by becoming a node in the Substratum network and providing your device's computational resources for hosting websites.

Q: What makes Substratum (SUB) different from other cryptocurrencies？

A: The key differentiator for Substratum is its emphasis on decentralizing internet services, which extends the use of blockchain technology beyond financial transactions.

Q: Can you tell me some wallets where I could store my SUB tokens？

A: SUB tokens can be stored in any ERC20-supporting wallet such as MyEtherWallet, MetaMask, Ledger Nano S, Trezor, and Trust Wallet.

Q: Where can I purchase Substratum (SUB)？

A: Substratum (SUB) can be purchased on multiple exchanges, including Binance, KuCoin, HitBTC, OKEx, and Changelly.

Q: What is the potential earning model of Substratum (SUB)？

A: The Substratum network's earning model is based on providing services, where nodes that assist in delivering data are rewarded with SUB tokens.

Q: How does the Substratum network aim to function？

A: Substratum intends to function through a network of user nodes hosting internet data, with intelligent routing of user requests to the most suitable node for content delivery.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.