
Brume (BRUME)
- Price: $0.0365 - 24h: ▼ 4.09%
- Market Cap: $100,650
- 24h Volume: $412.27
- Rank: # 7116 (by Market Cap)
- Last Updated: 20 hours ago
Brume (BRUME) is a privacy-focused cryptocurrency wallet designed to enhance user anonymity and security.
Brume (BRUME) Trust Score
The Trust Score (0-100) assesses an asset's safety based on its stability, liquidity, and smart contract security. Higher score = Lower risk.
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Brume (BRUME) Bull/Bear Trend Strength
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Brume (BRUME) Latest Market Data
Current Values
- Current Price: $0.0365
- 24h Trading Volume: $412.27
- Market Cap: $100,650
- 24h Market Cap Change: ▼($4,020)
- Fully Diluted Valuation: $100,650
Price Changes
- 24 Hour Price Change: ▼ 4.09%
- 7 Day Price Change: ▼ 15.26%
- 30 Day Price Change: ▼ 25.57%
- 60 Day Price Change: ▼ 49.00%
- 1 Year Price Change: ▼ 91.82%
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Brume (BRUME) 30 Day Open, High, Low, Close Chart
What is Brume (BRUME)?
Brume (BRUME) is a privacy-focused cryptocurrency wallet designed to enhance user anonymity and security. Currently operating as an Ethereum wallet, Brume distinguishes itself through its integration with the Tor network. This integration aims to prevent IP address tracking and censorship by routing all network requests through Tor’s anonymizing infrastructure.
Traditional cryptocurrency wallets often expose user IP addresses to various third-party services. This exposure raises concerns about privacy, as these services could potentially track users’ transactions and censor their activity. Brume Wallet seeks to address these issues by minimizing the risk of user identification and censorship.
How Does Brume (BRUME) Work?
Brume operates by integrating the Tor protocol directly into its wallet infrastructure. The Tor network functions as a distributed network of relays, encrypting and routing internet traffic through multiple nodes. This process effectively masks the user’s original IP address, making it difficult to trace transactions back to the source.
When a user initiates a transaction through Brume Wallet, the request is automatically routed through the Tor network. This process prevents external entities, such as blockchain explorers or node operators, from directly linking the transaction to the user’s IP address. This approach reduces the possibility of surveillance and censorship.
By default, traditional wallets communicate directly with blockchain nodes or third-party services, revealing the user’s IP address. Brume effectively replaces this direct communication with a Tor-protected pathway, enhancing user privacy. The underlying blockchain technology remains the same, but the way transactions are broadcast is significantly altered.
Brume (BRUME) Key Features and Technology
Brume’s core feature is its built-in Tor integration, enhancing user privacy by masking IP addresses during transactions. This helps to prevent tracking and censorship, which is a crucial aspect for privacy-conscious users in the cryptocurrency space.
Beyond Tor integration, Brume prioritizes security through various measures. While specific technical details vary, these measures are designed to protect user funds and data. This attention to security is a key differentiator for Brume in a market saturated with various cryptocurrency wallets.
Key features of Brume include:
- Tor Integration: Routes all network requests through the Tor network for enhanced privacy.
- IP Address Masking: Prevents third-party services from tracking user IP addresses.
- Censorship Resistance: Reduces the risk of transaction censorship.
- Ethereum Support: Currently functions as an Ethereum wallet.
- Enhanced Security: Incorporates security measures to protect user funds and data.
What is Brume (BRUME) Used For?
Brume is primarily used for conducting Ethereum transactions with enhanced privacy and security. It allows users to send and receive ETH and other ERC-20 tokens without revealing their IP address to third parties. This is particularly useful for individuals who value anonymity and wish to avoid surveillance.
The wallet is also suitable for users who are concerned about censorship. By routing transactions through the Tor network, Brume reduces the risk of transactions being blocked or filtered based on the user’s location or IP address. This feature is especially important in regions with strict regulatory environments.
Brume serves as a tool for individuals seeking to maintain greater control over their personal data in the cryptocurrency space. It empowers users to participate in the Ethereum ecosystem with a higher level of privacy than traditional wallets offer.
How Do You Buy Brume (BRUME)?
Buying BRUME (Brume token) involves a few steps. Currently, it is available on a limited number of exchanges, and the liquidity might be low on those platforms. It is vital to proceed with caution.
First, you need to find an exchange that lists BRUME. You can usually find this information on CoinGecko or other cryptocurrency tracking sites. Once you find a suitable exchange, you will need to create an account and complete any required verification processes. After that, deposit funds (usually ETH or USDT) into your exchange account.
Navigate to the trading pair for BRUME and place an order to buy the desired amount. Once the order is filled, the BRUME tokens will be available in your exchange wallet. Consider transferring them to a more secure personal wallet for storage.
Exchanges that may support BRUME:
- Uniswap (Check for liquidity)
- Other decentralized exchanges (DEXs) on the Ethereum network
How Do You Store Brume (BRUME)?
Since Brume (BRUME) is an ERC-20 token, it can be stored in any Ethereum-compatible wallet. Both hardware and software wallets are suitable options, depending on your security preferences. Choosing the right wallet is essential for protecting your BRUME tokens from unauthorized access.
Hardware wallets, such as Ledger or Trezor, offer the highest level of security by storing your private keys offline. These devices require physical access to authorize transactions, making them highly resistant to hacking attempts. They are ideal for storing large amounts of BRUME or for long-term holding.
Software wallets, such as MetaMask or Trust Wallet, are available as browser extensions or mobile apps. While they are less secure than hardware wallets, they offer greater convenience and accessibility. Ensure you use a strong password and enable two-factor authentication to enhance the security of your software wallet.
Possible Storage Wallets:
- Hardware Wallets: Ledger, Trezor
- Software Wallets: MetaMask, Trust Wallet, MyEtherWallet
- Brume Wallet: The native wallet provides secure storage and Tor integration
Future Outlook and Analysis for Brume (BRUME)
The future outlook for Brume depends largely on the continued demand for privacy-enhancing tools within the cryptocurrency space. As regulatory scrutiny increases and concerns about data privacy become more widespread, the need for solutions like Brume is likely to grow. The success of the project relies heavily on its ability to attract and retain users seeking greater anonymity.
The development team’s commitment to ongoing updates and improvements will play a crucial role in shaping Brume’s long-term viability. Adding support for additional blockchains beyond Ethereum and enhancing security features can greatly improve the value proposition for users. The project needs to stay ahead of evolving privacy threats.
Competition from other privacy-focused wallets and solutions presents a challenge for Brume. Differentiating itself through unique features, strong community support, and robust marketing efforts is vital for success. Building partnerships with other projects in the cryptocurrency ecosystem could also contribute to wider adoption.
References
- CoinGecko: https://www.coingecko.com
- CoinDesk: https://www.coindesk.com