No doubt the anonimity that comes with cryptocurrency is what makes a number of person adopt it in some ways. Although this topic could still be debated in other quarters, it is surely one of the reasons digital currencies are geting massive adption accross our world today.
Some of us know about Monero and it's anonimity/privacy and all other awesome features. But what about having a coin that combines this feature with an ability to execute those smart contracts you can find on the ethereum blockchain. Yes, I introduce t you EXMR. According to the website, EXMR is defined below as
an erc20 token build under the Ethereum ecosystem with zk-SNARKs. The true privacy with zero-knowledge proofs is real because zero-knowledge cryptography is used as a method for verifying a ledger entry without revealing the identity of any parties.
EXMR, on ethereum metropolis blockchain works perfectly with smart contracts. Adoption of these new technologies made EXMR more fast and privacy secured. EXMR promise you to servers the best cryptography than the other, we do not compare EXMR with any other coins and tokens because, EXMR is a self-sustaintable; its collaborative technology itself an innovation and it will create different stand in the marketplace.
Stretching more unto the distinctive feature EXMR has over XMR (Monero), one of which is the block time which is 15 seconds for this new token while monero takes up to 2 mins. Monero has an infinity supply while EXMR has 15 million coins in supply and you know what this means to crypto investors (smiles).
Other distinctive feature is in the scalin. While XMR only has the lightning network, EXMR has lightning network,sharding and plasma activated. In terms of the minning, XMR runs the PoW model while although EXMR is currently running this same algorithm, it hopes to move unto the Pos model. The zkSNARKs (On Testnet) feature also distinguishes this coin from it's progenitor which runs the RingCT for it's Privacy feature. How about a Finality time of 10 confirmations in 21 mins compares to 12 confirmations in 3mins for XMR and EXMR respectively. I guss you have no choice than to agree with me that this coin has some real deal in the offering.
And now, this is for the crypto traders all around. EXMR is available for trading in a number of exchanges while others are in perspective and developers are willing to get onboard those exchanges. The exchanges currently listed on include:
As an ERC20 token, EXMR is compatible with all major ERC20 token wallets like Myetherwallet,Mist,imToken, Metamask e.t.c.
I trust I have been able to give you some insight into this coin. To get more information, you can click here to be directed to their official website
thanks for letting us know about EXMR.
nice work @dorthmaen
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wow quite detailed I would say, thanks for sharing your findings with us much appreciated
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