People have always been impressed that cryptocurrencies are scams and worthless, mainly because they do not have the necessary knowledge about these digital assets. Another problem that has always limited the massive use of cryptocurrencies is price volatility. There is a constant fear of losing a lot of your hard-earned money, because the value of a certain coin has fallen sharply.
Bitcoin was the first cryptocurrency, and it is also a coin that faced extreme price volatility. I remember that I invested in Bitcoin before his first case of price swings, when I suffered big losses. Most of my friends who invested in a new digital asset with me were disappointed and decided to leave the exchange. Although the main goal is to mass adoption of cryptocurrency volatility prevent this.
The issuer of stable coins has too much power. The issuing organization has the right to withdraw stable coins from circulation at any time, which makes me a trader on a certain exchange powerless. This problem, however, is not present in Crypcore trading due to the technology on which Crypcore is based.
Most stable coins are issued in the same way that money is issued by central banks. There is a centralization function that gives the issuing organization so much power that stable coins are vulnerable to over-issue and are not protected against inflation. This, however, will not be available in Crypcore because the number of stable coins in circulation will be determined by the Cryptonote protocol emission logic that everyone can see.
Crypcore is a unique stable coin, the value of Crypcore will change from time to time depending on the economic situation, unlike regular stable coins, Crypcore will not be tied. The Crypcore biological system is designed to anticipate the wild fluctuations in Crypcore value.
The principle of the Crypcore project
The ultimate goal of blockchain and cryptocurrency technology is to achieve mass adoption and distract the world from using fiat currency. Crypcore is committed to ensuring that the crypto space achieves both of these goals by offering a stable coin that is independent of paper currency for stable valuations without volatility. The problem of price volatility will not exist in the world of cryptography thanks to Crypcore.
Crypcore Trading will take on significant work in fighting the cost of Crypcore. To do this, everything in Crypcore Exchange has to be done fancyly. An extremely simple solubility condition will determine the Cryps score. In typical stable coins, tokens are given by a substantial association, however, Crypcore trading will not be able to make tokens, rather, each coin is mined.
This is due to the fact that the protection and safety of our customers are of great importance. With the ultimate goal for Cryps to maintain its value, the underlying money supply is mined and held by the Crypcore trade. Crypts held by trade will not be considered as available for use. Crypcore trading is currently an unknown trading moment. These are screenshots of the deal.
IEO:
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Additional Information:
Website: https://crypcore.com
Whitepaper: https://crypcore.com/crypcore_whitepaper_version_1.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5191919.0
Telegram: https://t.me/crypcore_group
Twitter: https://twitter.com/crypcore1
Facebook: https://www.facebook.com/Crypcore-106479097438958
Author: berk3berk (https://bitcointalk.org/index.php?action=profile;u=2534145)
ETH wallet: 0x65465d5e32D9228CCF5801D58282Aa537CDe182f
