What is “Borrow Currency” (Coin Coun)?
Borrow Currency, also known as Coin Coun, is a tool that utilizes blockchain tec
Borrow Currency, also known as Coin Coun, is a tool that utilizes blockchain technology for collateralized loans. It is mainly used in decentralized finance and other transactional fields. Borrowing and repayment processes are completed through a method called “digital currency,” which is also known as “debt certificates.” Digital assets can interact with it through smart contracts to obtain funds. It is inconvenient to use digital wallets or electronic devices to purchase virtual goods in the traditional market since this type of wallet has different functions, resulting in varying values. (Chain Tower Think Tank)
Coin Coun
According to official sources, Coin Coun has officially launched today and is open for deposits and withdrawals. It is reported that this project was incubated and established by the Korean blockchain company Tokeninsight, aiming to provide one-stop services for global digital payments. At the same time, Tokenin’s ledger technology has established close partnerships with top companies in the blockchain industry to create a transparent, secure, and trustworthy cryptocurrency financial trading ecosystem.
It is understood that Coin Coun is a decentralized asset digitization platform based on Ethereum. It aims to achieve the goal of a “value internet” and build a new DeFi application scenario and diversified investment market through the token economy model.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/24215/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
The Unprecedented Surge in Cryptocurrency Sales and Its Impact on the Market: An Analysis of the Recent Data
According to reports, data shows that in the past 24 hours, the entire network has sold out 64.582 million US dollars, of which Bitcoin sold out 24.9427 million US dollars and Ethe
-
**Ethereum Co-founder Vitalik Buterin on the Importance of Self-Hosting and Encrypted Payments using ERC-4337**
On April 17th, Ethereum co founder Vitalik Buterin wrote in March that self hosting is very important, and social recovery and multi-signature are good ways to achieve this goal. A
-
US Inflation Predicted to Fall by Federal Reserve’s Bostic Statement
According to reports, the Federal Reserve\’s Bostic statement predicts that US inflation will fall back to a range of 3.5% -4.0% by the end of 2023; The policy has entered a restric
-
The TwelveFold NFT Series: Upgraded and Updated on the Bitcoin Network
It is reported that Michael Figge, chief content officer of Yuga Labs, disclosed on social media that the NFT series TwelveFold released on the Bitcoin network has been upgraded an
-
What mining machine is needed to excavate xmr (xmr mining)
What mining machine is needed to excavate xmr? Based on the recommended mining machine model by the mining master, what mining machine is needed to excavate xmr 1. Shenma M31S/T2Pro (P7++), with a power consumption of 30W 2. Ant B17+(H3s) (A4 version) mining machine 3. Bitmain AntminerE11, Avalon Core RTX3080, Canaan Creative G1 series 4. The computing power of the Shenma X15 series mining machine is around 200TH 5. Ant B16 series mining machine 6. Wingbit Z20 mining machine 7. TSMC L3+, power consumption 35W xmr miningAccording to official information, XMR mining will start from February 3rd to 6th, 2021. Pledging assets and earning rewards in the xmr network can yield dual benefits: the first benefit is 10 xMTs; The second benefit was the xTMR token obtained 4 months ago It is understood that using xMRM for transactions requires a Gas fee (10% for each transfer), which means that users do not need to pay a Gas fee every time…
-
What is the price of Ethereum fork currency etf (Ethereum fork)
What is the price of Ethereum forked currency etf According to CoinMarketCap, what is the price of Ethereum forked currency etf. The Ethereum blockchain is divided into two parts: one is Ethereum Classic (ETC), and the other is Constantinople Hard Bifurcation. At present, there is no trading pair in the market According to the official introduction of Ethereum, ETC is a smart contract platform based on Ethereum. Its main purpose is to solve problems on Ethereum’s network, such as high fees and gas costs. In this upgrade, the “Constantinople” scheme is introduced, that is, the EIP-1559 technology is used, and the incentive mechanism for miners is added According to official information, Ethereum will undergo a hard fork on November 1st. According to block browser data, the total supply of ETHs after forking will be reduced to approximately 21 million. At current prices, it is approximately 42 billion US dollars (approximately 400 million RMB). This bifurcation occurred on October 13, 2020,…
-
What kind of wallet does Coin An use
On September 15th, Coin An announced that it will soon support the recharge and withdrawal functions of mainstream assets such as BTC, ETH, and ERC20 on the BinanceWallet platform. At the same time, a one click security update plan will be launched It is reported that in August 2019, King’an officially launched the world’s first “open ecology” wallet – version 3.0, which aims to enable more users to easily and securely participate in the Cryptocurrency market At present, the wallet has supported multiple public chains including Bitcoin, Ethereum, EOS and TRX, as well as multiple tokens, of which Litecoin and Monero are the main trading platforms.
-
What is a few yuan per share for counterfeit currency (6 yuan per share)
What kind of counterfeit currency is a few yuan per share. According to non niche data, Bitcoin has increased by over 15% in the past seven days; Ethereum dropped by 8% in the last seven days; The Ruibo coin has gained strongly, with a market value exceeding 10 billion US dollars; The rise of Litecoin was stable, and its market value exceeded 30 billion yuan; The Ruibo coin has experienced the largest decline, with a market value of 15 billion RMB; The Taida coin rose 3.9% and is currently trading at $0.284; BCH fell 1.6% and is currently trading at $0.182; EOS fell 2.04% and is currently trading at $0.111; BSV fell 1.59% and is currently trading at $0.270 6 yuan per shareAccording to AICoin data, the current quotation for 6 yuan per share is $6.02. Today’s morning news showed that the Shanghai Composite Index was at 3293.71 points (-0.01%), the Shenzhen Composite Index was at 1058.93 points (+0.02%), and…
-
What is a gateio account (gate.io trading platform)
A gateio account is a cryptographic generated account. For example, you can reg
-
Cryptofriendly Bank Silvergate’s Share Price Plummets in One Day
On March 3, according to Sina Financial Market, the share price of Cryptofriendly Bank Silvergate closed at $5.72, a one-day decline of 57.72%, about 97.61% lo…
-
OKB Breaks Through $50 Mark with a Daily Increase of 20.27%
According to the report, the market shows that OKB has broken through $50 and is now reported at $50.14, with a daily increase of 20.27%. The market fluctuates…
-
The Future of Cryptocurrency: A Look at Huobi, ConsenSys, Zambia, and Musk
7: 00-12:00 Keywords: Huobi, ConsenSys, Zambia, Musk
Summary of important updates during the afternoon on April 13th
Cryptocurrency is rapidly transforming the world of finance and -
Adidas Launches Third Phase of Into The Metaverse Project with Rift Valley Motel
On March 27th, Adidas\’ NFT project Indigo Herz stated on Twitter that Adidas has launched the third phase of the Into The Metaverse project, which is related to a hotel metaunivers
-
The Future of Ethereum: An Analysis of the Drop in Large Holders
According to reports, data shows that the number of addresses holding over 100 ETHs reached 47280, a 4-month low.
The number of addresses holding over 100 ETHs has reached a 4-mont -
EU Urges Rapid Implementation of Capital Rules for Banks Holding Encrypted Assets
It is reported that the EU administrative department said that if Europe wants to avoid missing the globally agreed deadline, it must rapidly implement the cap…
-
The Rise of NFTs in the NBA: Luca Doncic’s 1/1 Unique Star Card Sold for $76,800
According to reports, according to data from Web3 gaming platform Sorare, NBA Dallas Rangers star Luca Don č i ć） The 1/1 Unique star card has been sold for 40.444 ETH, approximate