Availability refers to the accessibility of a cryptocurrency’s network to users who want to send or receive transactions. It encompasses the ability of the network to remain operational and responsive, even during high traffic periods or when facing attacks.High availability ensures that users can transact without delays or interruptions. This is crucial for maintaining user trust and the overall usability of the cryptocurrency. If a network goes down or experiences significant lag, it can lead to frustration and a potential loss of value.Factors affecting availability include network infrastructure, the number of active nodes, and the ability to handle spikes in transaction volume. Protocol designs, such as those using proof-of-stake or proof-of-work, also play a vital role in determining how robust the system is against failures or attacks.Maintaining high availability is essential for the adoption and longevity of any cryptocurrency, as users expect reliable performance akin to traditional financial systems.
First Floki ETP Launches in Europe, Listed on Spotlight Stock Market
A new exchange-traded product (ETP) tied to the cryptocurrency Floki has gone live in Europe, marking the first time a