When talking about cryptocurrency or digital investment, many are not ready to get the terms. The crazy long and un-understandable terms have scared people to join such kind of projects. However, Cowrium involves a new currency called Cowrie to ease the user in the plan. This digital currency has quite a lot of interesting features that can guarantee more reason for you to join the community. Find more about the features and reasons, in this article.
A Brief Introduction To Cowrium
Before you learn more about the one of a Cowrie currency, you have to know about the Cowrium. It can be said that Cowrium is a global decentralized blockchain network and smart contract, with master nodes, mining, and interoperability system with AI support for crypto stability. The project aims to make a bridge between Crypto and Fiat. In other words, this is a blockchain project that developed to help small and medium enterprises.
The main idea is to help and introduce the non-familiar people to join in the cryptocurrency train. At the same time, the project can be easily adopted as a comprehensive blockchain solution for SMEs. Especially to gain wider and bigger costumers and fields in the business. This is mainly as a consideration because of the rising use of technology and digital currency. In this matter, Cowrium specially designs and use the Cowrie coins as the official currency in the platform.
Understanding The Cowrie Coin
To grasp a bigger user and promise an easier platform, Cowrie coin is specially designed as the currency in this particular platform. Aiming for an increase in the adoption of blockchain technology through an easy- to use platform, this idea is used to gain the interest of the first-timer. In this case, SMEs owner, investors, merchants, and consumers hopefully can join and use the platform along with the cryptocurrency as a medium to expand the business and project.
2-hop Network, Mining, And Masternodes
As a blockchain project that has its currency, it is normal to know about the system. It can be said that Cowrium uses a 2-hop network along with mining and master nodes. Miners will identify transactions on the blockchain and rewarded with new coin mined. Then, the second hop will consist of master nodes which are on virtual private serves (VPS). The VPS are some special servers that can make an instant and private transaction and budgeting plus decentralized governances.
You can access and participate in mining through mobile mining or browser mining. This means, easier access, 51% higher protection, a truly decentralized hash rate, and provide a better profit. At the same time, the master node will provide you the much-need security, anonymity, and near-instant digital payments and transactions. It allows you to gain yearly rewards through staking and unifying authority for the platform ecosystem.
The Interconnected Apps in the platform
To support and to make the platform work as best as possible, the Cowrium platform also hosts several related and interconnected apps. There will be CowDEx which is available to utilize Atomic swaps. At the same time, it is also hosted ErrandBoy as a Crypto to Fiat Direct transfer app. Then, the platform will run Cowrie Stability AI to fight against Volatility and Cowrium Interoperability APIs as the Application Programming interface.
Multicurrency Payment System And ICO Platform Features
What makes this project worth trying is the features it holds. There are quite a lot of interesting features used for the digital currency and the blockchain platform itself. Cowrium uses a multicurrency payment system and ICO platforms. This particular system, enable both merchant and consumers to make or receive any kind of transactions, payments in any Coin, token or any cryptocurrencies via dedicated mobile and web application.
The Smart Contract Library And Between Child Chains
With the system it uses, the platform runs a smart contract library feature. This feature explains the implementation of 2- hop network which is better in security and easier use than the traditional PoW (1-Hop). At the same time, you will get better interoperability of the blockchain because of the smart contract interaction between the child chains feature. Both interesting features allow better and safer user experience.
Other Interesting Features Of Cowrium Blockchain
It cannot be denied, that the project ensures an instant send feature that designed to average at 0.5 secs per transaction. It is also having PrivateSend feature to mix your fund through the master nodes network. Along with all of that system and features, you will feel relieved with the multiple cryptographic algorithms, signing and address via Polysig. At the same time, there is also an intelligent pooling system, atomic swap, merchant loyalty program, and many more.
The Reasons Why You Invest In This Projects
What did you get from all the features listed above? It can be said that this project has prepared and ready for all conditions in the crypto world. Even more, some of the unique features cannot be found in the other crypto project. As a multidimensional and independent public blockchain platform, Cowrium promised easy and universal access to all of the interested individuals. Especially for the small, medium, or even large enterprise business owners.
The project ensures them, that both platform and the cryptocurrency (Cowrie) can be used by masses and in all range of industries or business field. This can be a solution to overcome the limited usage and restrictive problems from the currently existing coins, such as ETH and bitcoin. At the same time, whether you are an early participant, long-term holders, or digital investment enthusiast you will always get benefits. I.e. a huge return value, coin sale discounts, higher price, etc.
There are many more features that offered by the Cowrium blockchain platform. From the use of smart contract library, PrivateSend, Instant send, multi-currency payments, etc. At the same time, with the 2 hop network, mining, and master nodes system, the platform ensures the safety of your money. With all of those technologies, it cannot be denied that there are more benefits and reasons why you have to consider to sign up to join this project.
Ann Thread: https://www.cowrium.net/
Website: https://www.cowrium.net/
White Paper: https://www.cowrium.net/cowrium-whitepaper.pdf
Social Media:
https://twitter.com/cowrium/
https://www.facebook.com/cowrium/
https://medium.com/@cowrietoken
https://t.me/cowriumgeneral