blog: CRYPCORE

Crypcore is a unique stable coin, crypcore costs will change occasionally depending on the economy, unlike conventional stable crypcore coins will not be pegged. The biological system of Crypcore was created in a way that the liar offered in Crypcore fees.

Problems and Solutions

Too much power on the part of the publisher: Stable coins can be effectively removed from circulation at any time by the issuing organization. For example, the Omni Protocol from tether can give and revoke tokens that are represented on the blockchain. With Crypcore this is not possible because of technology based on Crypcore.

Over-issuance: The big problem with the most stable coins is that coins are issued in the same way that central banks spend money, making them vulnerable to over-issuance and vulnerable to inflation. Crypcore will not experience this problem because the amount outstanding is determined by the emission logic of the Cryptonote protocol, and can be seen by all.

Unstable Virtual Collateral: Virtual Collateral itself is unstable so using it to support stable coins is difficult and confusing. At the end of this paper you will see how Crypcore hopes to solve this problem.

Highly Regulated: Stable coins set by Fiat are highly regulated and limited by the old banking system.

Expensive, slow liquidation & purchases: Liquidating stable coins can be slow because with the most stable coin provider you need to transfer money to your account that will incur bank charges. Purchases can also be slow because you sometimes have to go through the KYC procedure and transfer money which sometimes takes days.

Complex Smart Contracts: For crypto digital assets that are guaranteed like Maker Dai there is a problem of understanding. For ordinary everyday users, the term might seem complicated. Crypcore will apply a very simple solvability equation system with easy-to-understand equations and parameters.

How does Crypcore work?

Crypcore is taken from Monero which is built on cryptonote protocol which is cryptographically safe and completely anonymous, Crypcoreecosystem integrates solvency equations, pure crypto exchange and Cryptonote protocol to make coins that have stable prices with price stability that is achieved with an average increase in collateral with price fluctuations.

For this effect Crypcore is a stable coin that operates in a fundamentally different way from traditional stable coins, we will call it Dynamic Stable Coin (DSC). Crypcore will get a guarantee from the fees charged on the Crypcore exchange, this fee will be added to the Crypcore coin guarantee so that it always increases the guarantee and maintains the stability of the Crypcore Price. Crypcore is not seen as a stable coin of traditional cryptocurrencies, but rather a new and innovative approach to achieving price stability in the cryptocurrency space.

Cryptonote Protocol

The Cryptonote protocol is an application layer protocol that was created to solve problems related to the bitcoin protocol. Cryptonote first appeared in 2012 and a white paper breakthrough was issued on October 17, 2013, the most popular coins based on the Cryptonote protocol are Monero (Crypcore taken from Monero) and bytecoin. Cryptonote is based on the cryptographic work "Traceable signature rings" made by E. Fujisaki and K. Suzuki.

Features CrypCore Features

Explain Feauture

Stable Coins: Because CrypCore is full of maintaining stable and transparent prices

Can Exchange Other Cryptos: There we can easily make other crypto transitions with the perfect ecosystem

Transfer to Debit Card: CrypCore accepts Debt Cards to buy cryptocurrency but must be accepted

Accessible: Crypcore is accessible because it has various wallets that will make it easy for everyone to use in the world

Safe Height: CrypCore uses 3 Layers for security and every transaction made too

Anonymity: The branched CrypCore of Monero is very good in terms of privacy, and all transactions

Fast Transaction: Because high technology implementation makes collaboration.

Upcoming Crypcore application for ICO, Mobile Wallet will be launched in May 2020, we can find on Android and iOS tune guys wallet to be on the platform.

Token Distribution Details