Topic: Rock stable cryptocurrency thanks to emission mechanism tied to the supply (Read 116 times)
June 11, 2018, 06:02:48 PM
There are quite a few decentralized projects(categorized as Stable coins) being developed that aim for price stability. You can read about quite a few of them here - https://stablecoinindex.com/
June 11, 2018, 05:34:35 AM
Cryptocurrencies are so volatile. Solution may be alt coins with rock stable rate independent from BTC because to be honest, Im little worried in put money in something so unstable like today's cryptocurrencies. Mentioned Nebula Network may be a good example - decentralized storage cloud with emission mechanism tied to the supply in form of computational power and disc space. It sounds well.
June 08, 2018, 07:03:41 AM
Not really, for now there's a legitimate demand but it's only because of fiat pairings are absent. Once more liquidity flows into the market and fiat pairings come back these stablecoins are virtually useless and only add to unecessary risk since there's no guarrantee these coins can promise they are stable. I NEVER use stablecoins, not even Tether, especially not Tether. I use Kraken which offers fiat pairings and I feel much better using that. I'm not very confident in an exchange aswell but it's better than some empty promise of a stablecoin.
June 08, 2018, 05:34:37 AM
Dont you thing guys that crypto market need alt coins with rock stable rate independent from BTC? There is already Nebula Network, it’s decentralized storage cloud with emission mechanism tied to the supply. Thanks of it it’s rock stable, may it be a future?
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