I often trade cryptocurrencies, and in some cases I trade stable coins. Stable coins are profitable due to the lack of volatile prices, which is very convenient for me, since I trade every day. Since stable coins are better than regular coins for trading, I encounter some problems that I encounter in my daily trading activities. In this article, I am going to discuss the problems that I have to face when trading stable coins, as well as the solutions to these problems that Crypcore provides.
There is a high level of instability of virtual software, so using it to provide stable coins is very difficult and misleads the trader. This will not be a problem for a stable Crypcore coin. There are many centralized operations with fixed-pegged coins, because they must interact with the banking system. These banking systems have great power over stable coins to such an extent that stable coins become very limited and regulated. Crypcore, however, is based on an advanced blockchain technology that thrives on the principle of decentralization.
Crypcore is the development that current stable coins require. Crypcore is going to offer a clean cryptographic exchange solvency system and a crypton protocol. This means that a deal with this stable coin will not be associated with any extreme price volatility, which will make people around the world more susceptible to cryptocurrencies.
Principle of operation
Security is the final characteristic of the Crypcore blockchain, because the user will have full control of their funds without intermediaries, such as banking institutions, which, as a rule, control too much the re-issue and processing of transactions of other stable coins.
Well-known stable coins are pegged to the US dollar and have a 1: 1 ratio; Crypcore, on the other hand, will not be pegged to 1: 1, but will determine the value of the guarantee. From this perspective, Crypcore cannot be regarded as a stable coin in the traditional sense of the word. Crypcore will consist of various error-free working parts that will support the value of the Crypcore coin. These are Crypcore Blockchain, Crypcore Mining, Crypcore Wallets and Crypcore Instantexchange.
IEO:
CRYP = 0,00001 ETH
Soft Cap: 3 000 000$
Hard Cap: 7 000 000$
As you can see, this is a promising campaign that has many advantages. Reliability, safety are guaranteed here.
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
My BTT profile: BTCHolder1 (https://bitcointalk.org/index.php?action=profile;u=2532700)
ETH: 0x18572db904FD206d8Ac9AE776186a97c3A71B739
Another great article from the project team, thanks for sharing it!
Excellent project with a lot of features.
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I will spread the news that the ICO is live for this fantastic project!