What You Need to Know About the Blockchain
Decentralized global ledgers are possible thanks to the blockchain. Pure mathematics are used to convert the database's state (records) to a common accord. We no longer require a central server or an entity that we can trust (e.g. central bank, notaries, banks, Paypal, etc.). For all cryptocurrencies, the blockchain serves as the technological foundation.
As part of the blockchain, the smart contracts are a piece of code that is recorded in each participant's database (the blockchain network). It lays down the terms under which all parties agree to use the contract. As a result, specific actions are carried out when certain conditions are met. Every computer on the network must run the same smart contract to get the same result. Users can be confident in the accuracy of the output in this manner.
Some of you may confuse the downfall of traditional money with the rise of digital currencies. Emptying is a bad thing in traditional money, but it's a good thing in digital money. Because of specific circumstances, such as over-stamping, the term "emptying" refers to a decrease in a resource's value. Flattening is a term used to describe the digital currency's most extreme inventory. As private keys are lost and coins become unrecoverable, the supply of BTC will diminish over time. There are a slew of additional deflationary digital currencies.
The market supply of a deflationary crypto decreases with time. It's possible that customers or employees will engage in activities that devalue the coin's value on the blockchain. Token consumption is a common strategy for achieving this goal. The fact that digital money has a finite supply means that it is by definition deflationary. As long as the coin's backers acquire and hold the coin, its supply decreases, achieving this status. A great example is Bitcoin, the most powerful crypto currency to date and the king of the market.
SpyritCoin Information
Recurring Tax Back to Investors and Liquidity Acquisition are the two practical rules used to construct the SpyritCoin deflationary utility token based on the Polygon network.
What is the meaning of "utility"?
The SpyritCoin utility will be used in the SPYRIT stage of development. Fast exchange speeds, automatic compound marking, high return cultivation, and nonstop NFT marking are all possible thanks to the stage's conventions, which allow customers to transact.
Progress in Our Work
DEFI
Application that relies on DeFi standards in order to ensure free-flowing liquidity in the business sector.
DEX
Using the Polygon Network, clients will be able to buy, sell, and exchange their coins and tokens safely.
Span
SpyritCoin can be transferred from Polygon to the Spyrit Chain.
Plotting and Crop Planting
Stake your SpyritCoin or NFTs in homesteads or liquidity pools to get a return on your investment.
Blockchain
As a Layer 1 blockchain, the Spyrit Chain will focus on further expanded usefulness and scaleability, with low gas costs.
MetaVerse
The Spyrit Realm is a unique story-based Metaverse game featuring NFT utility and in-game NFT content. Spyrit Chain-created and -transmitted data.
Tokenomics
SpyritCoin is the token name.
The POLYGON network
More than a billion dollars
Amount Charged: 10%
5 percent
A small percentage of Devidens
You can rest assured that your personal and financial information is protected with the SPYRIT smart contract! Because of
ready for the Doxxed Audit Address in a contract
This is the hexadecimal code for 0x35db0dffe164a3e4d39f91459878d564fa5b.
Roadmap
In the third quarter of the year 2021
Set up a Website and Social Media Accounts
Smart Contract Send Token
Distribute V1 of the Whitepaper
Send a Smart Contract for an Initial Coin Offering
In the fourth quarter of 2021.
Encourage the use of dApps
In-depth Guide to Proper Staking and Agriculture
The NFT Staking Protocol should be developed further.
Check out and verify your personal information
Smart Contract for Presale to Be Sent
Advertorials and Promotional Videos
The first quarter of the year 2022
To the general public
Obtain Business Partnerships
Cryptocurrency Exchanges
Make an NFT Archive
Cross-Chain DEX by Foster
Q2 of 2022
Assemble a Game Plan
Network for Fostering Spyrit
Foster Chain Overpass
To find out more information about Spyrit, please visit the page below :
Website : https://spyritcoin.io/
Whitepaper : https://github.com/spyritcoin/SPYRIT-Paper/blob/main/SPYRIT%20PAPER.pdf
Twitter : https://twitter.com/spyritcoin
Telegram : https://t.me/spyritcoin
GitHub : https://github.com/spyritcoin
DisCord : https://discord.com/invite/xzyeMr3Rbb
Author
Bitcointalk username :ItekKuneng
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=1423632
BEP-20 wallet address: 0x5B361eBf3626A340b538eeb1Ff4491f53d0F2D68