The cryptocurrency community is celebrating what may have been the first ever transaction on the Bitcoin Lightning Networks LN mainnet. Additionally, the good news is that the Bitcoin payment operation was, instantaneous and fee-free. LN Transactions Prove to be Cheap and Faster The cryptocurrency community is becoming increasingly enthusiastic about the LN implementation because it promises to significantly lower Bitcoins transaction fees while making possible near-instant transactions. Social
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CURRENSEE -World’s First physical gold backed cryptocurrency launches successfully
Dubai, London, Hongkong, December 6, 2017 – World’s first 100% physical gold-backed cryptocurrency – CURRENSEE announces its launch. Historically, gold has been the mode of payment and wealth preservation. However, it requires expensive security, safekeeping, and insurance. CURRENSEE Coin will bring the unique characteristics of Gold into the Blockchain space with its long-established role as a store of value with cryptocurrency’s global payments network technology.
“We want to give investors the opportunity to purchase before we list on exchange“, confirmed R. Mitteysh, co -founder – CURRENSEE, adding further he said “We are also offering lucrative bonus under various referral programs.”
Juned Khan, co-founder – CURRENSEE said “The basic principle is very simple. The issued coin will represent One gram of gold which in itself will be held in a secure, insured and audited vault. In addition, every single transaction will generate a small transaction fee of which 80% will be reinvested into more gold”. This will cumulatively increase the amount in Gold that will back each of the coins. In essence, the real value of each coin will increase over time because of the Gold being reinvested from the transaction fees. He added “This will ultimately make CURRENSEE very unique when compared to the characteristics of other cryptocurrencies”.
Major advantage of the CURRENSEE is that it will have an intrinsic value just as Gold. This is unlike other existing cryptocurrencies that have no intrinsic value, because their value is based on demand and supply and the altitude of users on the specific Cryptocurrency.
The amount of CURRENSEE coins that will be issued at the Initial Coin Offering (ICO) will be 15,000,000 tokens. All these will be available for purchase through the official website of CURRENSEE. The gold that will back the coin will be insured by Lloyds Group which will ensure that all the funds and gold that involves the Coin offering is safe.
“To ensure the security of the Gold, we will seek the services of leading gold vaults. And to ensure that we diversify the risk regarding the Gold, we will work with vaults in Dubai, Singapore, Turkey and Hong Kong, which are some of the major financial hubs in the Asia and the Middle East” confirmed Amjadh Waghu, co-founder CURRENSEE.
This is a brilliant time in the cryptocurrency sector, the benefits that come twofold, both from a gold investment perspective and a cryptocurrency investment perspective.
For more information visit: www.currensee.io
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Disclaimer: Contributors and/or entities incorporated, established or registered in United States and People’s Republic of China are not allowed to Contribute in CURRENSEE TOKENSALE. CURRENSEE is not accepting fiat currencies (native/local currencies of the respective countries) in any form like GBP, INR, USD, EUR etc for contribution purpose. CURRENSEE does not accept payments in cash in the United Kingdom, India, United States and other countries.
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The Promise and Regulatory Challenge of Physical Bitcoins
Physical bitcoins that can be exchanged like cash have been discussed for years. In 2010, Gavin Andresen himself started a Bitcoin Forum discussion on possible ways to print out bitcoins to function as user-created paper money. Physical bitcoins have been often implemented, but there are several challenges. Many physical bitcoin operators active a few years ago have either disappeared or dont show signs of recent activity. Others are just novelty collectibles that dont store actual bitcoins.
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Users of TradeRoute Darknet Marketplace Receive Threats via Physical Mail
Most people using the darknet do everything in their power to keep their identities hidden from other users. That seems to be a lot more difficult to do these days. Users still need to provide shipping addresses for items they buy from darknet marketplaces. Someone has been targeting TradeRoute users via physical mail to alert them that their data has been leaked. They are then encouraged to send a Bitcoin payment to a specific address lest their data be handed over to the police. TradeRoute Users Receive Threats in the Mail It is pretty interesting to see how the world of darknet marketplaces has been altered over the past
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Interview: Bitlem Opens the First Physical Bitcoin Exchange in Mexico
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Cryptocurrency Platform Bitlem Opens a Physical Trading Location in Mexico
We have seen physical Bitcoin exchanges pop up in a few countries already. Although some companies mainly use physical locations for consultation services, things are a bit different with Mexico’s Bitlem exchange. The company actually allows customers to buy and sell Bitcoin and Ethereum at a physical location in the heart of Mexico City. It’s an interesting concept, especially in a country where financial hardship has become the new normal. Bitlem Embarks on a new Venture Most people think of cryptocurrency exchanges as online platforms only. In most cases, consumers have to sign up with a website, send in documents to verify their identity, and
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Gypsies Peddling Fake Physical Bitcoins, Taking Advantage of Unsophisticated Buyers
n People are being conned into buying worthless physical, rather than digital, Bitcoins by Russian gypsies.n
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South Korea’s Coinone Blocks is a Physical Exchange Supporting Six Different Currencies
Bitcoin and other cryptocurrencies have grown beyond proportions in South Korea. The region has grown very accustomed to Bitcoin these days. Most of the exchanges in the region are witnessing tremendous trading volumes. Coinone, one of the main exchanges in the country, plans to launch a physical cryptocurrency exchange.This new venture will provide ATM services … Continue reading South Korea’s Coinone Blocks is a Physical Exchange Supporting Six Different Currencies
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South Korea’s Coinone Blocks is a Physical Exchange Supporting Six Different Currencies
Bitcoin and other cryptocurrencies have grown beyond proportions in South Korea. The region has grown very accustomed to Bitcoin these days. Most of the exchanges in the region are witnessing tremendous trading volumes. Coinone, one of the main exchanges in the country, plans to launch a physical cryptocurrency exchange.This new venture will provide ATM services … Continue reading South Korea’s Coinone Blocks is a Physical Exchange Supporting Six Different Currencies
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GoldMint Custody Bot Creates an Interface Between Physical and Tokenized GOLD for the First Time in History
Gold holds a special place in the global financial system. The precious yellow metal has for centuries remained the backbone of the economy by being an efficient store of value. However, being a physical asset, there are difficulties associated with carrying, storing and even liquidating the asset for cash equal to its actual worth. GoldMint, … Continue reading GoldMint Custody Bot Creates an Interface Between Physical and Tokenized GOLD for the First Time in History
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