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Showing posts from July, 2020

CRYPCORE

Crypcore What is the purpose of Crypcore? Stable coins were created to solve the problem of volatility as crypto currency adoption has been bottlenecked around price stability. Stable coins have performed well since joining the crypto currency space but there are still a lot of improvements to be made. Particularly in the area of crypto collateralized coins. This paper explores the possibility of creating a crypto collateralized stable coin that combines pure crypto exchanges, a solvency system and the Cryptonote protocol. Crypcore is all about creating a crypto asset that enforces a solvency system which eliminates wild price swings, while giving Crypcore the chance to grow. Crypcore is essentially the combination of a crypto collateralized digital asset with a solvency system to ensure price stability.   How does Crypcore work?  Crypcore is forked from Monero which is built on the cryptographically secure and truly anonymous Cryptonote protocol, the Crypcore ecosystem

CRYPCORE

About Crypcore Crypcore is a blockchain-enabled platform that wants to introduce coins that will be more stable and more unstable, with more benefits than stable coins. This technology has a team of experts who want to make history with unique products that have never been seen before. Even though stable coins have worked well since being introduced to the crypto market, there are still improvements to be made. Crypcore wants to develop crypto assets which will introduce the Crypcore protocol and solvency system. He wants to ensure price stability in the crypto space by combining crypto digital assets. This crypto asset will be supported by a solvency protocol to ensure price stability. Crypcore will have a large role to play to manage the price of Crypcore. The exchange will use the solvency equation to set the price of Crypcore. This will be an unconventional method, but will be very effective because the price will be relatively stable. Crypcore will also be acces

CRYPCORE

Stable coins were created to solve the problem of volatility as crypto currency adoption has been bottlenecked around price stability. Stable coins have performed well since joining the crypto currency space but there are still a lot of improvements to be made. Particu larly in the area of crypto collateralized coins. This paper explores the possibility of creating a crypto collateralized stable coin that combines pure crypto exchanges, a solvency system and the Cryptonote protocol. Crypcore is all about creating a crypto asset that enforces a solvency system which eliminates wild price swings, while giving Crypcore the chance to grow. Crypcore is essentially the combination of a crypto collateralized digital asset with a solvency system to ensure price s tability. Problems and Solutions Too much power on the part of the issuer:   Stable coins can effectively be taken out of circulation at any time by the issuing organization. As an example the Omni Protocol of tether can grant