Highly brand-able domain in the crypto currency space. Stable coins are gaining popularity due to high volatility of some crypto currencies. With exact terms stable and koins its an easy to remember name with huge business potential.
Bitcoin remains volatile and expensive. Wire transfers are slow and expensive for purchases under $1000. Stablecoins eliminate the need to worry about liquidation or loss when purchasing expensive items. You can spend your stablecoins on whatever you like, whenever you like – as long as they’re on your stablecoin address. They’re backed by nothing – no bank will ever take them away. And unlike bitcoin cash, which flooded the market at some point and then was quickly forgotten, stablecoins have a clearly defined supply and demand (including a block reward that begins at block 5051).
Stablecoin is an unbacked cryptocurrency. Think of it like Bitcoin with fewer incentives to hoard (and thus less risk). Bitcoin has been volatile and volatile has been good for it–people have invested millions in it, and it has grown to become the dominant cryptocurrency. But some say that it isn’t stable enough for real-world use. Take it from someone who has bought and sold stablecoins: The lack of transparency and control inherent in the cryptocurrency market makes it unsuitable for everyday use.
Stablecoins, like Bitcoin, have a very specific role to play in the global economy. Whether they’re used to purchase goods or services or invest in businesses, stablecoins ensure that payments can be made across any jurisdictional lines instantly and at almost no cost to the entity making the payment. They also ensure that there is no double-counting or other cheating by organizations when sending payments across borders. Installing a stablecoin wallet on your computer makes it possible to spend Bitcoin with no third-party involvement, outside of downloading a special app and installing it on your computer. The security and enforceability of these systems is what makes them so important – and why they’re so extremely valuable.
There will always be someone who is willing to supply you with cash in exchange for your stablecoins. These people will have cash because they have ideas about how to increase their value, not because they have affection for your stablecoins. If you want something to increase in value then you should get directly involved in the process of minting new coins, whether that means buying them or contributing hashing power to secure the network. This is how BitComposer started its business … by minting new coins directly on miners’ hard drives.
Sustained currency requires a stable supply. And that requires some sort of verification system. You may wish to establish a system for rewarding holders for holding their coins for long periods of time. Or perhaps an automated reward program could be established that forces users to only hold stablecoins when they’re intending to spend them. The key is identifying the intended use for stablecoins, and then creating a reward structure that incentivizes the right people to hold on to their coins for this purpose.
Stablecoins are cryptocurrencies which use cryptography to verify and unknot monetary transactions. These do not circulate like ordinary fiat money; instead they are stored in digital vaults and are only ever born once. They are a sort of insurance policy for cryptocurrency users – someone who stores wealth in a cryptocurrency will have their wealth secure for a set period of time regardless of whether or not it appreciates in value.
Stablecoins are coins whose value is not based on trust (Satoshis), but rather is derived from a network.They are thus useful for giving value to anyone holding crypto, regardless of whether that value is derived from mining (Satoshis) or sitting in your bank account (US dollars). These stablecoins were launched on June 19th 2014 by Mike Hearn and Gavin Wood from the non-profit alliance MITxBCN. The idea behind stablecoins is that they allow anyone to send any value they want ‘here’ without trusting anyone else with it.
Stablecoins are cryptocurrencies designed to have a relatively stable price, typically through being pegged to a commodity or currency or having its supply regulated by an algorithm. Stablecoins have seen immense growth in popularity since they were introduced in 2011; however, they have also received tremendous scrutiny from several regulatory bodies across the globe. While some criticized Stablecoins for being unstable due to their decentralized nature, others believed these cryptocurrencies to be superior to mainstream money.
Stablecoins are cryptocurrencies designed to have a relatively stable price, typically through being pegged to a commodity or currency. Unlike cryptocurrencies designed to be highly volatile (which are called altcoins), stablecoins are designed to increase in value with each new bitcoin generation. According to Wikipedia, Stablecoins are coins with a fixed supply that serve as a ‘digital gold‘ for software users.
Stablecoins are cryptocurrencies designed to have a relatively stable price, typically through being pegged to a commodity or currency. Because this cryptocurrency standard is designed to be predictable and governed by an organization, experts believe it has a higher chance of long-term survival amidst all the chaos surrounding cryptocurrencies today. Stablecoins can be created whenever there is sufficient Bitcoin/Contribute
Stablecoins are cryptocurrencies designed to have a relatively stable price. These cryptocurrencies were first created as part of the Peercoin and Shadowcoin projects. These cryptocurrencies were intended to provide an alternative to the regulated markets for decentralized cryptocurrency transactions, particularly in light of the 2008 financial crisis. This role has been taken over by Bitcoin today, although some developers still consider Shadowcoin an ongoing project.
Stablecoins own a regulated supply, which means that the supply will always be fixed and predictable. Proprietary blockchains ensure that maintenance of the network is managed by reward rather than by stake ownership or through complex cryptography. Stablecoins may also be targeted for rapid growth – for example, by adding new features
stablecoins.coop is the place to buy, trade, and sell stablecoins. We are a community of 64+ developers around the world who are contributing their time and skills in order to help stabilize the crypto-economy through research, development, & design. Our team consists of experts in cryptography, computer science, and anthropology. Our website includes detailed information on everything you need to know about stablecoins, including an extensive list of actively traded and mined stablecoins along with their associated market charts. We also provide information on how you can contribute to the Bitcoin network by buying
Stablecoins are designed to function like regular currencies, but in addition to being backed by an asset, they are also allocated through an algorithm. The allocation algorithm creates a specific amount of coins that are created and kept in a specific location. These locations can be managed by the wallet software of any cryptocurrency user and set on any schedule a user chooses. In this way, users are able to protect their wealth by purchasing stablecoins alongside their income and store value.