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DYNAMIC STABLE COIN The Price Of Crypcore Is Maintained On The Crypcore Exchange Crypcore is a dynamic stable coin, the price of crypcore will change from time to time based on market conditions, unlike traditional stable coins crypcore will not be pegged. The crypcore ecosystem is organized in a way that ...Read More
Cryptocurrency is created by Mathematical proof and relies on cryptography and mathematics to make sure each transaction is secure. By this logic, Cryptocurrency is backed by cryptography and mathematics while fiat money is based purely on faith in governments. Conversely, a good number of cryptocurrency users use crypto because they see it as a better alternative to fiat money which is truly wished out of “thin air”.
Whatever purposes people choose to use Crypto for, there are requirements that must be met, one of the most basic being price stability and anonymity.
One of the biggest weaknesses of cryptocurrency is price volatility which makes it unfit for some basic uses, to solve the problem of price volatility “stable” coins were created which pegged the price of the crypto assets to fiat currencies held in Bank Accounts. While this might look like it works, it defeats one of the core purposes that make people use Cryptocurrencies. To solve this problem this paper proposes to create a stable coin collateralized by other cryptocurrency but whose price will be determined and maintained by a very simple mathematical equation.
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Pre-Sale Starts25th November 2019
The ICO/Token/Coin pre sale opens
Happened: 1 Years, 4 Months, 16 Days ago
Pre Sale Ends25th December 2019
The ICO/Token/Coin pre sale closes
Happened: 1 Years, 3 Months, 17 Days ago
Sale Starts30th December 2019
The ICO/Token/Coin sale opens
Happened: 1 Years, 3 Months, 12 Days ago
Sale Ends30th January 2020
The ICO/Token/Coin sale closes
Happened: 1 Years, 2 Months, 12 Days ago
TODAY11th April 2021