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Author Topic: Third Generation of Cryptocurrencies  (Read 1069 times)

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Nsatsdja

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Third Generation of Cryptocurrencies
« on: 27. May 2020., 05:35:33 »


The world of cryptocurrencies is further emerging. After the rise of
Bitcoin in the early days of the 21st century's second decade, and
following the downfall of online commercial transfer monopoly, which
had limited the commercial transfer transactions to financial institutions
and governments, further cryptocurrencies were created successively.
These new cryptocurrencies would take their place within the world of
online trading and commerce. Bitcoin's initial shortcomings had
prompted the developers to deal with the feasible shortcomings early on,
and therefore they would come to develop new cryptocurrencies sans
the issues one after another, extending the world of cryptocurrencies.
One of the major early issues concerning Bitcoin was the transaction
transfer speed. This issue was later resolved in the next generation of
cryptocurrencies.

Meanwhile, since early 2020, a new e-money styled as Deracoin has
entered the trading market with a currency unit named Asheil, which
seems to be among the third generation cryptocurrencies.

Employing the latest transfer system, a combination of Ripple's transfer
system and Deracoin's brand new one, Deracoin has dramatically
increased the speed of transactions to an incredible number of 50,000
transactions per second, which is unmatched in the world. When we
compare this figure with a 20 transaction per second speed limit by
Atrium or similarly, a 7 transaction per second speed limit by Bitcoin, we
recognize an absolute superiority from Deracoin over other
cryptocurrencies. We should also mention that the China-block of
Deracoin has successfully eliminated some shortcomings such as the 51
percent attack and network dependence on mining machines via
fundamental changes made within the security structures.

For the original definition, the total number of these cryptocurrencies is
determined to be 84 million. This limited quantity indicates the deftness
of this cryptocurrency's initial designers when it comes to laying the
foundations for Deracoin's growth and eventual market dominance since
the limited quantity of a cryptocurrency will indicate its future price
increase. Notably, the limited quantity of cryptocurrencies such as
Bitcoin, with only 21 million available in the market, has prompted its
tremendous price. Accordingly, assessing smaller numbers is also
problematic. Now, we can conclude that Deracoin has done a fair

combination of limiting the coin number and rendering reasonable
prices.
Furthermore, another major issue with cryptocurrencies is the
unreasonable price fluctuations that cause investors to lose their assets.
Considering that the most relevant factor in determining the
cryptocurrency price is the supply and demand, therefore the originators
of Deracoin can prevent price inconsistencies and drops by simply
managing the supply and market demand, and therefore maintaining
and enhancing the credibility of this digital currency on a day-to-day
basis.

Generally speaking, rendering cryptocurrencies and credit for them
depends on several factors. These factors can be briefly mentioned as:
• Conventional transfer speed
• Security
• Independence in transactions and eliminating the need for mining
machines
• Safe and efficient wallet
• Having adequate capital for market development and prosperity

Deracoin has all the above components and features. It seems that the
originators of this cryptocurrency have decided to sell a limited number
of it or, to sacrifice a limited number at a very low price so that they can
establish their niche in the market permanently. This is done to attract
the sources of capital for dominating the market. Consequently,
investing in the initial supply of these cryptocurrencies at a price of
approximately 8 dollars can be a great investment with a profit rate of at
least 1000 percent according to many cryptocurrency market associates.

So far, several reputable corporations and ventures such as Pretty Gift
Cards Co. (gift cards), Cash High (casino chains and betting), Digital
Accessories Co (mobile phones and accessories), and Sephora Beauty
(cosmetics) alongside an increasing number of other commerce
enterprises have shown their support for the Deracoin project, accepting
it as a tradable currency. These ventures are set to start using this
cryptocurrency in their business transactions beginning from 2021.
Hitherto, many cryptocurrencies have joined the trading market, some of
which have been successful in the market while some have failed to

fulfill their objectives. Among the notable factors that could guarantee
the success and price increase of Deracoin is a system that allows
online and face-to-face transactions between the buyers and the sellers
any time during the 24 hours period, and immediately after the end of
the presenting the specified amount of coins as the initial sale.
Usually, creating and releasing cryptocurrencies generates significant
capital for the originators. The originators of Deracoin do not estimate
Deracoin just as a cryptocurrency, but rather as a means for accessing
cryptocurrency shares and stocks with the ultimate goal of spending the
generated capital from the sales for further

development of Deracoin itself. This development will occur in the form
of investing in early cryptocurrencies, banking, franchises, the
construction sector, and transportation industries. The profits will be
spent on the Deracoin again, in accordance with the ultimate goal
mentioned earlier. This is a very significant feature that distinguishes
Deracoin from other currencies and further implements that the value of
this currency is set to increase day by day. In sum, Deracoin cannot be
considered just a bare currency. Deracoin has a set of cryptocurrencies
and dynamic stocks that are generating profit that can be seen as the
best investment.

To know more visit : http://deracoin.com/

Samker's Computer Forum - SCforum.info

Third Generation of Cryptocurrencies
« on: 27. May 2020., 05:35:33 »

 

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