Within the last ten years, blockchain technology has been widespread all over the world in relation to cryptocurrencies. Over one thousand different tokens and cryptocurrencies have been developed, each of which offers a variety of advantages, including cheap costs, security, and anonymity for users. Because of its global adoption and widespread acceptance, blockchain technology has a great possibility of becoming a mainstream payment system. This is because blockchain technology is built on decentralized control, in contrast to centralized banking or electronic money systems. The current market capitalization of cryptocurrencies has reached 25 billion US dollars as of March of 2017, making them an interesting investment option for many people. This is due to the fact that the value of cryptocurrencies continues to rise, making them even more desirable. The acceptability of bitcoin as a payment method has not yet reached the point where it is universally accepted; nonetheless, the popularity of this medium and the number of people using it is continuously growing. The use of cryptocurrencies is not going away, and further advancements in blockchain technology platforms are expected to result in more benefits for individuals who engage in the cryptocurrency market. It was decided to give the eaglepay system the name “eagle” in order to give the impression that it is a powerful, dynamic, and very effective cryptocurrency brand. Eaglecoin is now being managed via the Ethereum blockchain technology, which makes use of the postokenstandard method that was established by posstandard. Due to the growing popularity of this technology, the Ethereum blockchain was selected as the platform of choice. Eaglecoin is taking the lead in terms of innovation among cryptocurrencies, and several applications of this technology are now being investigated. In respect to those who possess EagleCoin, the community that is now being developed will be made evident via the use of social media, and the first sale of EagleCoin will consist of 3,600,000 coins (30 percent of the maximum total number of all future coins). The entire quantity of Eaglecoins that will ever be produced will be limited to 12,000,000 coins all together. Eaglecoin is a token that has been pre-mined a hundred percent of the time and represents a portion of EaglePay’s assets. The investor community that is currently being developed is very important to EagleCoin because it will be perceived as a place for profitable investment and a bridge to new user interaction with banks and other entities. In the past, the use of EagleCoin was difficult due to barriers in the design of previous cryptocurrencies, such as the fact that they did not meet regulatory requirements. Eaglecoin holders will be able to utilize this blockchain technology since they will have an eaglewallet android wallet for storage. This will eliminate the need for them to write or copy lengthy randomized private keys or passwords. Eaglecoin holders will be able to use this technology. It is possible that individuals who possess Eaglecoins will want access to Eaglewallets in regions where they do not have access to computers. In order to fulfill the requirements, the EagleWallet was designed by using the Tor network. This permits anonymous private access that is difficult to track, which is essential for the purpose of ensuring security. Accessibility for users is simplified and reduced in terms of the amount of time required by the EagleWallet. benefits for staking When the coins have been held for a minimum of three days, the holders of the coins are eligible to receive the staking benefits. The amount of this reward is proportional to the amount of time that coins have been retained as well as the total number of coins that have been contained. Coinage is the term used to describe the worth of this connection. Coinage is calculated by multiplying the total quantity of coins by the amount of time that coins have been kept. There is a direct connection between the staking incentives and the coinage, and sets of coins that are larger and older will have a higher coinage. Additionally, there is a direct amount of coinage. Once staking incentives have been taken, the coinage is reset to zero once again, and holders are required to wait a minimum of three days before they may claim another staking reward. After a period of ninety days, the amount of coinage reaches its maximum level. This is done to avoid undue market dominance, and the amount of coinage will never rise beyond the limit of ninety days. The coinage will be reset to zero once again if any quantity of currency is transferred to other wallets, regardless of the specific amount. Those who have EagleCoin have the ability to move any quantity of the cryptocurrency to their own wallet (senders and receivers address must match). Using mist, mysmartwallet, or any other wallet software that supports contract interaction, mint functions may be done using the Eaglecoin smart contract. This is possible because of smart contracts. It is estimated that the staking compensation for the first year of eaglecoin holders would be around one hundred percent. This means that if an individual had one hundred eaglecoins, the staking reward would be one hundred eaglecoins by the end of the year. Estimates for the second year are in the range of around fifty percent, and over the course of the third and succeeding years, they will decrease to approximately ten percent and gradually stabilize. Eaglecoin offers investors a number of advantages. There are three primary advantages that investors in EagleCoin may take pride in. Eaglecoin holders may receive the staking incentives after just three days of holding the cryptocurrency. This is the initial reward. Eagleshare tokens are created on a one-to-one basis for each Eaglecoin that is kept, and these tokens may be collected. This is the second benefit of holding Eaglecoin. Eaglepay holders have the option of selling this token or using it to claim dividends depending on their holding performance. As a last point, a profit is generated in proportion to the increase in the value of EaglePay. Visit https://eaglepay.io/ for more information.
Author
jackemails@gmail.com