Cryptocurrencies have broken into our everyday life so fast, that many people think that they will replace cash or bank cards in 3-5 years. However, now even optimistic forecasts let us understand that this won’t happen in the near future. There are many reasons for this, from the hackneyed conservatism of many users to legislative obstacles in some countries.
Difficulties when Using Cryptocurrency
Despite the fact that many people understand the principles now, it’s quite difficult to make a payment in cryptocurrency. As a result, there is a paradoxical situation when even holders of large sums just can’t spend their market.
To change the situation in this market segment, the professionals have developed the Eagle Project service. The main purpose of its creators is the appearance of a new payment system that will be used in all parts of our world. Now, virtual assets won’t be on the shelf and will be daily used. Of course, the practical implementation of such an idea requires some time.
Specificity of the Progressive Platform
Professionals want to achieve a success relying on several factors. These are:
- The stable support and regular use of several types of digital assets that are the most popular and most successful ones. This approach will let make payments by means of the most popular money units and not worry about this.
- The use of the consensus mechanism Irons BFT. With it, it’ll be possible to eliminate the existing technical problems that are hindering the transaction execution at present.
- Quantum resistance. Due to this, it’ll be possible to interfere with intruders who want to disable the system. Now, literally every user can not worry about the security of the transactions made. Quantum computer attacks will stop being a strict challenge and you will be able to make your transactions without worrying about the safety of your balance.
- A wide variety of wallets. It is believed that the platform will be available on mobile phones too, which will attract more users. Also, the professionals hope that cold wallets will be available on smartphones and tablets.
The activity on the progressive platform will be regulated by means of smart contracts. They have already proved their expediency in the context of other cryptocurrency projects, so the professionals have decided not to step back from their plans and to bring the use of encrypted units to a new level.
Now, the management expects that there will be much more transactions, than on other competitive platforms. This rate of bitcoin is 7, the rate of the other popular cryptocurrency Ethereum is 15, so Eagle Project must provide 1 000 transactions per second. At this stage, this is impossible primarily because of technical difficulties connected with the implementation of the project presented.
Future Development Vectors
In addition, there is no doubt that such idea, as Eagle Project, is really needed on the market. Now, the number of people involved in cryptocurrency transactions is rapidly growing but there is still little space where they can make payments by means of the assets they have. That is why the development and popularization of such a service is an opportunity to bring the use of encrypted money units to a new level.
You can cooperate with the professionals right now, as they are ready to welcome new users who want to take an active part in the platform’s life. You can follow the news from professionals on their official website and pages in social media where the latest information is published.
Eagle Project oficcial website: http://eaglepay.io/