Daily millions of new users are coming into the crypto field now. They want to make money fast through cryptocurrency trading or want to hold cryptocurrency like bitcoin, etherium for a long time to get high returns. Crypto world also involves a major problem of security. If even your PC hacked you lost lots of money. There are lots of other problems involved with the crypto world. So, here I am sharing one project details, Mira, which are aiming solve this problem and also did successful pre-sale.
So, What is Mira?
Mira provides you with the easier way to buy as well as store cryptocurrencies. You can even send the cryptocurrencies with the help of the service which is provided by this platform. The name of the service is Mirabox. It is entirely encrypted which would help you in storing tokens of various cryptocurrencies. Since it is decentralized, it provides much better security as compared to some of the third-party services which are available these days. It is a P2P cryptocurrency platform which allows you to send and receive cryptocurrencies quite easily. Moreover, it supports a wide variety of cryptocurrencies which ensure that you are able to buy the cryptocurrencies which you prefer without any issues.
Also, as the platform gains more and more impetus, the liquidity would increase on the platform as well. As the liquidity increases, it would be easier for you to buy various cryptocurrencies.
Moreover, the company also provides Mira Software suite in order to exchange the cryptocurrencies and in order to store them as well. Thus, the task of sending or receiving the cryptocurrencies is as simple as sending or receiving a file. Also, in most of the cases, the transfer is completed pretty quickly as well. With the help of smart contracts, there is a decentralized platform which can actually provide you with the opportunity to buy and sell cryptocurrencies.
How it works?
Mira’s solution is very easy to grasp. Mira will operate a software suite whereby a person has an option to pick one of three types of MiraBox containers. A container is simply an encrypted file that can only be opened using a password, and (if applicable) meeting smart contract conditions.
The following are the three (3) types of containers that MiraBox offers:
NominalBox – a container for just one (1) cryptocurrency. This container is the easiest and cheapest way to buy cryptocurrencies.
MultiBox – a container for multiple cryptocurrencies and the option to add a document up to 25MB.
SmartBox – a MultiBox with smart contract integration. A smart contract is basically one or more set of conditions that are embedded that must be met before a SmartBox container can be opened and accessed.
Since MiraBox containers are files, they can be kept on your computer, sent by e-mail, or saved on any device that stores files.
USE CASES
MiraBox containers can easily be used to satisfy and array of everyday cryptocurrency transaction situations. Here are just a few:
- Buy one or more cryptocurrencies.
- Send a MiraBox to pay bills.
- Send a gift with no smart contract conditions.
- Send a gift with smart contract conditions such as a time restriction before the recipient can open it.
- Ensure that container value won’t be accessed until condition have been met. There are many instances where I liquidated an investment against my own better judgment. SmartBox would help me stick to my trading discipline. In the case where conditions are met and you don’t need the liquidity, then buy another SmartBox and reset the conditions.
- Ensure the right person receives one or more containers with SmartBoxes that have a smart contract condition that only allows a person from a specific e-mail or other types of account to be able to open and access it.
Any situation where you think you might need arbitration. Mira has built functionality where sender and recipient can enter into a contract and both will need to agree to the start and end of it. If one party doesn’t agree they can ask for a Mira Arbitrator to adjudicate the case. Mira arbitrators must hold a certain amount of Mira tokens in a MiraBox to adjudicate cases.
The above use cases are only a handful of examples. As users encounter other situations in their lives, one of the three options will be able to satisfy just about any situation that arises.
Mira is a good project for investment. I will recommend you for it, But before investment read more details about from here:
site: https://miralab.io/
whitepaper: https://miralab.io/Mira_WhitePaper_EN.pdf
Published by, Tushar Ramani (Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1135615 )
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